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PALMER vs. ELK RIVER
Cost of Living Comparison

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Cost of Living Calculator - Palmer, Alaska vs Elk River, Minnesota

The cost of living in Elk River, Minnesota is 8.2% cheaper than Palmer, Alaska.

You would need a salary of $68,893 in Elk River, Minnesota to maintain the standard of living you have in Palmer, Alaska.

Comparison highlights

• Overall, Elk River, Minnesota is cheaper than Palmer, Alaska
• Health is the biggest factor in the cost of living difference.

Health
40% cheaper in Elk River
than in Palmer, Alaska

Palmer, AK vs Elk River, MN

Compared to Palmer, Elk River is:

Homeowner

No Child Care, Taxes not Considered

8.2% 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

24.8% lower

Housing (Homeowner)

6.7% lower

Housing (Rent)

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Median Home Cost

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Utilities

25.9% lower

Commute

3.9% lower

Health

40.8% lower

Taxes

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Childcare

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Personal

9.5% lower

Cost of Food

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