Cost of Living Calculator - Red Bank, New Jersey vs Minneapolis, Minnesota


The cost of living in Minneapolis, Minnesota is 16.7% cheaper than Red Bank, New Jersey.

You would need a salary of $62,450 in Minneapolis, Minnesota to maintain the standard of living you have in Red Bank, New Jersey.
Comparison highlights
• Overall, Minneapolis, Minnesota is cheaper than Red Bank, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
46% cheaper in Minneapolis
than in Red Bank, New Jersey
Red Bank, NJ vs Minneapolis, MN
Compared to Red Bank, Minneapolis is:
  Homeowner
      No Child Care, Taxes not Considered
  16.7% 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
  4.6% lower
  Housing (Homeowner)
  23.2% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  1.4% lower
  Commute
  11.5% higher
  Health
  22.9% lower
  Taxes
  Childcare
  Personal
  3.6% lower

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