Ringwood, New Jersey vs. Minneapolis, Minnesota

Cost of Living Comparison

The cost of living in Minneapolis, Minnesota is 15.3% cheaper than Ringwood, New Jersey.

You would need a salary of $42,373 in Minneapolis, Minnesota to maintain the standard of living you have in Ringwood, New Jersey.
Comparison highlights
• Overall, Minneapolis, Minnesota is cheaper than Ringwood, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
37% cheaper in Minneapolis
than in Ringwood, New Jersey
Ringwood, NJ vs. Minneapolis, MN
Compared to Ringwood, Minneapolis is:
  Homeowner
      No Child Care, Taxes not Considered
  15.3% 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
  4.0% lower
  Housing (Homeowner)
  23.9% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  2.3% lower
  Commute
  23.9% lower
  Health
  25.1% lower
  Taxes
  Childcare
  Personal
  0.6% higher