The cost of living in New Ulm, Minnesota (MN) is lower than the average cost of living in the state of Minnesota and lower than the nationwide city average. The average annual pay in New Ulm is $32,117.00, which is $14,671.00 lower than the salary average in Minnesota and lower than the U.S. average yearly wages by $14,625.00.
Our cost of living index utilizes a proprietary method involving supply and demand factors, salary ranges for New Ulm, Minnesota, taxes and regional Consumer Price Index (CPI) data.
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