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Elk River Cost of Living: Minnesota (MN)

The cost of living in Elk River, 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 Elk River is $42,311.00, which is $11,986.00 lower than the salary average in Minnesota and lower than the U.S. average yearly wages by $11,310.00.

The CPI calculation is based on a statistical model that takes into account some of the major personal consumption categories such as healthcare, transportation, housing, education and food, in addition to the average Elk River annual salary, sales tax rates and the regional consumer price index.

Average Annual Pay:
Elk River Minnesota U.S. City Average
$42,311.00 $54,297.00 $53,621.00

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