Cost of Living Calculator - Richmond, Kentucky vs New Ulm, Minnesota


The cost of living in New Ulm, Minnesota is 9.1% cheaper than Richmond, Kentucky.

You would need a salary of $159,147 in New Ulm, Minnesota to maintain the standard of living you have in Richmond, Kentucky.
Comparison highlights
• Overall, New Ulm, Minnesota is cheaper than Richmond, Kentucky
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
18% cheaper in New Ulm
than in Richmond, Kentucky
Richmond, KY vs New Ulm, MN
Compared to Richmond, New Ulm is:
  Homeowner
      No Child Care, Taxes not Considered
  9.1% 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
  0.0% higher
  Housing (Homeowner)
  4.8% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  8.7% higher
  Commute
  20.3% lower
  Health
  19.4% lower
  Taxes
  Childcare
  Personal
  5.7% higher

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