New Ulm, MN Cost Of Living
New Ulm's Overall Cost Of Living
Lower Than The National Average
In Minnesota
In America
What is the cost of living in New Ulm, MN?
According to the most recent data on the cost of living, New Ulm has an overall cost of living index of 91 which is 0.9x lower than the national index of 100.
Compared to only Minnesota, New Ulm has a cost of living index that's 0.9x lower than Minnesota's index of 104.
The standard of living in New Ulm ranks as #1,804 most affordable out of the 6,418 places we measured in Minnesota. By definition, that implies New Ulm ranks as the #4,614 most expensive place in the North Star State.
New Ulm Cost Of Living Vs. Minnesota
| Living Expense | New Ulm | Minnesota | National Average | |
|---|---|---|---|---|
| Overall | 91 | 104 | 100 | |
| Services | 94 | 106 | 100 | |
| Groceries | 100 | 102 | 100 | |
| Health | 122 | 113 | 100 | |
| Housing | 69 | 101 | 100 | |
| Transportation | 100 | 102 | 100 | |
| Utilities | 96 | 98 | 100 | |
New Ulm, MN Housing Cost Breakdown
Housing swings affordability the most between places in Minnesota, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.
Home and income come data comes from the most recent US Census ACS 2014-2018.
Median Home Value
Median Rent
Median Income
Detailed New Ulm Services Costs Vs. Minnesota
Detailed New Ulm Groceries Costs Vs. Minnesota
Detailed New Ulm Health Costs Vs. Minnesota
Detailed New Ulm Transportation Costs Vs. Minnesota
Detailed New Ulm Utilities Costs Vs. Minnesota
New Ulm SnackAbility
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Cost Of Living In Cities Around New Ulm
| City | Population | Cost Of Living | Vs. New Ulm |
|---|---|---|---|
| Mankato, MN | 42,685 | 95 | 1.0x |
| Hutchinson, MN | 13,935 | 101 | 1.1x |
| North Mankato, MN | 13,903 | 96 | 1.1x |
| Waconia, MN | 12,281 | 111 | 1.2x |
| St. Peter, MN | 11,934 | 97 | 1.1x |
| Fairmont, MN | 10,042 | 89 | 1.0x |
| New Prague, MN | 8,022 | 106 | 1.2x |
| Belle Plaine, MN | 7,137 | 97 | 1.1x |
| Jordan, MN | 6,289 | 108 | 1.2x |
| Glencoe, MN | 5,488 | 91 | 1.0x |
