Cost of Living Calculator - New Hope, Minnesota vs Park Rapids, Minnesota


The cost of living in Park Rapids, Minnesota is 18.3% cheaper than New Hope, Minnesota.

You would need a salary of $40,860 in Park Rapids, Minnesota to maintain the standard of living you have in New Hope, Minnesota.
Comparison highlights
• Overall, Park Rapids, Minnesota is cheaper than New Hope, Minnesota
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
11% cheaper in Park Rapids
than in New Hope, Minnesota
New_Hope, MN vs Park_Rapids, MN
Compared to New_Hope, Park_Rapids is:
  Homeowner
      No Child Care, Taxes not Considered
  18.3% lower
      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% lower
  Housing (Homeowner)
  21.8% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  8.8% lower
  Commute
  28.9% lower
  Health
  3.3% higher
  Taxes
  Childcare
  Personal
  8.9% lower

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.