New Ulm, MN vs Oak Park Heights, MN

There is a significant gap in the cost of living between these two cities. New Ulm is 29.1% cheaper than Oak Park Heights. With a cost index of 76 vs 107, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from New Ulm to Oak Park Heights should plan for substantially higher expenses across most categories.

On the housing front, median rent in New Ulm is $974/month compared to $1,428/month in Oak Park Heights — a 32% difference. Home values follow the same pattern: New Ulm is more affordable at $192,700 median vs $333,600.

Median household income in New Ulm is $63,984 compared to $84,639 in Oak Park Heights (-24.4%). The higher salaries in Oak Park Heights partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of New Ulm spend roughly 18.3% of their income on rent, less than the 20.2% in Oak Park Heights.

Climate-wise, both cities share similar average temperatures (45.4°F vs 46.5°F). Oak Park Heights receives more rainfall at 29.2" per year compared to 28" in New Ulm.