What is a pro or con of living in Grand Rapids, Minnesotacompared to New Albany, Indiana?

Transportation is 27% cheaper in Grand Rapids.

What salary do I need to live in Grand Rapids, Minnesota copmared to New Albany, Indiana?

A salary of $50,000 in New Albany, Indiana could decrease to $46,560 in Grand Rapids, Minnesota (assumptions include Homeowner, no Child Care, and Taxes are not considered.

What is a cost of living index?

A Cost of living index is a number starting at 100(100 = US Average). Higher means the place is more expensive than the US Average and lower than 100 means the place is less expensive than the US Average.

NEW ALBANY vs. GRAND RAPIDS
Cost of Living Comparison

New Albany, Indiana vs. Grand Rapids, Minnesota

Cost of Living Comparison

The cost of living in Grand Rapids, Minnesota is 6.9% cheaper than New Albany, Indiana.

You would need a salary of $46,560 in Grand Rapids, Minnesota to maintain the standard of living you have in New Albany, Indiana.

Comparison highlights

• Overall, Grand Rapids, Minnesota is cheaper than New Albany, Indiana
• Transportation is the biggest factor in the cost of living difference.

Transportation
27% cheaper in Grand Rapids
than in New Albany, Indiana

New Albany, IN vs. Grand Rapids, MN

Compared to New Albany, Grand Rapids is:

Homeowner

No Child Care, Taxes not Considered

6.9% 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

2.6% higher

Housing (Homeowner)

18.7% higher

Housing (Rent)

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Median Home Cost

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Utilities

8.4% lower

Commute

27.3% lower

Health

2.8% lower

Taxes

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Childcare

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Personal

2.1% lower

Cost of Food

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New Albany, Indiana vs. Grand Rapids, Minnesota

Cost of Living Comparison

Comparison highlights

New Albany, IN vs. Grand Rapids, MN

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