Cost of Living Calculator - Minneapolis, Minnesota vs Red River, New Mexico


The cost of living in Red River, New Mexico is 7.9% cheaper than Minneapolis, Minnesota.

You would need a salary of $69,072 in Red River, New Mexico to maintain the standard of living you have in Minneapolis, Minnesota.
Comparison highlights
• Overall, Red River, New Mexico is cheaper than Minneapolis, Minnesota
• Childcare is the biggest factor in the cost of living difference.
Childcare
41% cheaper in Red River
than in Minneapolis, Minnesota
Minneapolis, MN vs Red River, NM
Compared to Minneapolis, Red River is:
  Homeowner
      No Child Care, Taxes not Considered
  7.9% lower
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  0.5% higher
  Housing (Homeowner)
  27.2% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  0.4% lower
  Commute
  32.4% lower
  Health
  11.5% higher
  Taxes
  Childcare
  Personal
  12.5% lower

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