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NEW ULM vs. SPENCER
Cost of Living Comparison
Comparison
Food
Housing
Utilities
Commute
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Taxes
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Cost of Living Calculator - New Ulm, Minnesota vs Spencer, Iowa
The cost of living in Spencer, Iowa is
1.2%
cheaper
than New Ulm, Minnesota.
You would need a salary of
$74,128
in Spencer, Iowa to maintain the standard of living you have in New Ulm, Minnesota.
Comparison highlights
• Overall, Spencer, Iowa is
cheaper
than New Ulm, Minnesota
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
21% cheaper in Spencer
than in New Ulm, Minnesota
New Ulm, MN vs Spencer, IA
Compared to New Ulm, Spencer is:
Homeowner
No Child Care, Taxes not Considered
1.2% 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% lower
Housing (Homeowner)
22.3% lower
Housing (Rent)
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Median Home Cost
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Utilities
0.6% lower
Commute
6.8% higher
Health
38.6% higher
Taxes
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Childcare
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Personal
0.8% lower
Cost of Food
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