Cost of Living Calculator - Watertown, Wisconsin vs Elk River, Minnesota


The cost of living in Elk River, Minnesota is 20.4% more expensive than Watertown, Wisconsin.

You would need a salary of $60,217 in Elk River, Minnesota to maintain the standard of living you have in Watertown, Wisconsin.
Comparison highlights
• Overall, Elk River, Minnesota is more expensive than Watertown, Wisconsin
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
49% more expensive in Elk River
than in Watertown, Wisconsin
Watertown, WI vs Elk River, MN
Compared to Watertown, Elk River is:
  Homeowner
      No Child Care, Taxes not Considered
  20.4% higher
      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
  6.5% higher
  Housing (Homeowner)
  51.8% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  2.4% lower
  Commute
  50.9% higher
  Health
  26.0% lower
  Taxes
  Childcare
  Personal
  7.5% higher

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