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Cost of Living Calculator - Minneapolis, Minnesota vs Red Bank, New Jersey

The cost of living in Red Bank, New Jersey is 20.1% more expensive than Minneapolis, Minnesota.

You would need a salary of $60,048 in Red Bank, New Jersey to maintain the standard of living you have in Minneapolis, Minnesota.
Comparison highlights
• Overall, Red Bank, New Jersey is more expensive than Minneapolis, Minnesota
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
86% more expensive in Red Bank
than in Minneapolis, Minnesota
Minneapolis, MN vs Red Bank, NJ
Compared to Minneapolis, Red Bank is:
  Homeowner
      No Child Care, Taxes not Considered
  20.1% higher
      Child Care, Taxes not Considered
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      Child Care, Taxes Considered
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      No Child Care, Taxes Considered
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  Renter
      No Child Care, Taxes not Considered
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      Child Care, Taxes not Considered
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      Child Care, Taxes Considered
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      No Child Care, Taxes Considered
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  Food
  4.8% higher
  Housing (Homeowner)
  30.1% higher
  Housing (Rent)
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  Median Home Cost
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  Utilities
  1.4% higher
  Commute
  10.3% lower
  Health
  29.7% higher
  Taxes
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  Childcare
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  Personal
  3.7% higher
Cost of Food
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