Cost of Living Calculator - Montrose, Minnesota vs Elk River, Minnesota


The cost of living in Elk River, Minnesota is 4.7% more expensive than Montrose, Minnesota.

You would need a salary of $52,331 in Elk River, Minnesota to maintain the standard of living you have in Montrose, Minnesota.
Comparison highlights
• Overall, Elk River, Minnesota is more expensive than Montrose, Minnesota
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
23% more expensive in Elk River
than in Montrose, Minnesota
Montrose, MN vs Elk River, MN
Compared to Montrose, Elk River is:
  Homeowner
      No Child Care, Taxes not Considered
  4.7% higher
      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
  1.9% higher
  Housing (Homeowner)
  16.1% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  1.2% higher
  Commute
  6.9% lower
  Health
  1.4% lower
  Taxes
  Childcare
  Personal
  0.7% higher

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