Prosper, Texas vs. Lake Elmo, Minnesota

Cost of Living Comparison

The cost of living in Lake Elmo, Minnesota is 1.9% cheaper than Prosper, Texas.

You would need a salary of $49,071 in Lake Elmo, Minnesota to maintain the standard of living you have in Prosper, Texas.
Comparison highlights
• Overall, Lake Elmo, Minnesota is cheaper than Prosper, Texas
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
17% cheaper in Lake Elmo
than in Prosper, Texas
Prosper, TX vs. Lake Elmo, MN
Compared to Prosper, Lake Elmo is:
  Homeowner
      No Child Care, Taxes not Considered
  1.9% 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
  1.0% higher
  Housing (Homeowner)
  4.3% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  1.8% lower
  Commute
  8.3% higher
  Health
  26.5% lower
  Taxes
  Childcare
  Personal
  18.2% higher