New Ulm, Minnesota vs. Monticello, Minnesota

Cost of Living Comparison

The cost of living in Monticello, Minnesota is 28.3% more expensive than New Ulm, Minnesota.

You would need a salary of $115,498 in Monticello, Minnesota to maintain the standard of living you have in New Ulm, Minnesota.
Comparison highlights
• Overall, Monticello, Minnesota is more expensive than New Ulm, Minnesota
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
52% more expensive in Monticello
than in New Ulm, Minnesota
New Ulm, MN vs. Monticello, MN
Compared to New Ulm, Monticello is:
  Homeowner
      No Child Care, Taxes not Considered
  28.3% 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
  3.3% higher
  Housing (Homeowner)
  41.3% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  2.0% lower
  Commute
  87.7% higher
  Health
  8.2% lower
  Taxes
  Childcare
  Personal
  4.6% higher