Cost of Living Calculator - Monticello, Minnesota vs New London, Minnesota


The cost of living in New London, Minnesota is 13.1% cheaper than Monticello, Minnesota.

You would need a salary of $73,861 in New London, Minnesota to maintain the standard of living you have in Monticello, Minnesota.
Comparison highlights
• Overall, New London, Minnesota is cheaper than Monticello, Minnesota
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
10% cheaper in New London
than in Monticello, Minnesota
Monticello, MN vs New London, MN
Compared to Monticello, New London is:
  Homeowner
      No Child Care, Taxes not Considered
  13.1% 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
  2.2% lower
  Housing (Homeowner)
  14.4% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  1.1% lower
  Commute
  34.3% lower
  Health
  7.9% higher
  Taxes
  Childcare
  Personal
  5.2% lower

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