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Now includes childcare, taxes, health, housing for home owners vs renters, insurance costs and more when you upgrade to premium.
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MINNETONKA vs. ELK RIVER
Cost of Living Comparison
Comparison
Food
Housing
Utilities
Commute
Health
Taxes
Childcare
Personal
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Cost of Living Calculator - Minnetonka, Minnesota vs Elk River, Minnesota
The cost of living in Elk River, Minnesota is
7.9%
cheaper
than Minnetonka, Minnesota.
You would need a salary of
$69,047
in Elk River, Minnesota to maintain the standard of living you have in Minnetonka, Minnesota.
Comparison highlights
• Overall, Elk River, Minnesota is
cheaper
than Minnetonka, Minnesota
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
12% cheaper in Elk River
than in Minnetonka, Minnesota
Minnetonka, MN vs Elk River, MN
Compared to Minnetonka, Elk River is:
Homeowner
No Child Care, Taxes not Considered
7.9% lower
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
2.9% lower
Housing (Homeowner)
23.7% lower
Housing (Rent)
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Median Home Cost
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Utilities
3.0% higher
Commute
12.9% higher
Health
0.7% lower
Taxes
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Childcare
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Personal
2.6% lower
Cost of Food
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