Mounds View, Minnesota vs. Lake Elmo, Minnesota

Cost of Living Comparison

The cost of living in Lake Elmo, Minnesota is 24.1% more expensive than Mounds View, Minnesota.

You would need a salary of $62,035 in Lake Elmo, Minnesota to maintain the standard of living you have in Mounds View, Minnesota.
Comparison highlights
• Overall, Lake Elmo, Minnesota is more expensive than Mounds View, Minnesota
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
98% more expensive in Lake Elmo
than in Mounds View, Minnesota
Mounds View, MN vs. Lake Elmo, MN
Compared to Mounds View, Lake Elmo is:
  Homeowner
      No Child Care, Taxes not Considered
  24.1% 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
  5.3% higher
  Housing (Homeowner)
  91.0% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  0.6% higher
  Commute
  0.8% lower
  Health
  2.5% lower
  Taxes
  Childcare
  Personal
  1.2% higher