What is a pro or con of living in Minneapolis, Minnesotacompared to Phelps, Wisconsin?

Median Home Cost is 9% more expensive in Minneapolis.

What salary do I need to live in Minneapolis, Minnesota copmared to Phelps, Wisconsin?

A salary of $50,000 in Phelps, Wisconsin should increase to $62,426 in Minneapolis, 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.

PHELPS vs. MINNEAPOLIS
Cost of Living Comparison

Phelps, Wisconsin vs. Minneapolis, Minnesota

Cost of Living Comparison

The cost of living in Minneapolis, Minnesota is 24.9% more expensive than Phelps, Wisconsin.

You would need a salary of $62,426 in Minneapolis, Minnesota to maintain the standard of living you have in Phelps, Wisconsin.

Comparison highlights

• Overall, Minneapolis, Minnesota is more expensive than Phelps, Wisconsin
• Median Home Cost is the biggest factor in the cost of living difference.

Median Home Cost
9% more expensive in Minneapolis
than in Phelps, Wisconsin

Phelps, WI vs. Minneapolis, MN

Compared to Phelps, Minneapolis is:

Homeowner

No Child Care, Taxes not Considered

24.9% higher

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

8.2% higher

Housing (Homeowner)

80.7% higher

Housing (Rent)

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Median Home Cost

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Utilities

5.1% lower

Commute

41.5% higher

Health

36.5% lower

Taxes

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Childcare

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Personal

9.1% higher

Cost of Food

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Phelps, Wisconsin vs. Minneapolis, Minnesota

Cost of Living Comparison

Comparison highlights

Phelps, WI vs. Minneapolis, MN

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