Cost of Living: Elk River, MN vs Norton Shores, MI
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,119/mo in Elk River, MN versus $4,268/mo in Norton Shores, MI. In the model, rent is about 18.5% of gross in Elk River, MN versus 18.74% in Norton Shores, MI, so Elk River, MN tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Elk River, MN and Norton Shores, MI.
At a glance
- Cheaper overall (lower cost-of-living index): Norton Shores, MI
- Lower rent (median 1BR/2BR): Elk River, MN
- Lower home prices: Norton Shores, MI
- Higher median household income: Elk River, MN
Cost of Living Index
Elk River, MN: 100 (U.S. = 100) · Norton Shores, MI: 100 (U.S. = 100)
Both cities have the same cost-of-living index (U.S. average = 100).
Median Rent
Elk River, MN: $1,206/mo (midpoint of 1BR/2BR) · Norton Shores, MI: $1,222/mo
Median rent in Norton Shores, MI is $16/mo higher than in Elk River, MN.
Median Home Price
Elk River, MN: $338,300 · Norton Shores, MI: $214,000
Median home price in Elk River, MN is $124,300 higher than in Norton Shores, MI.
Median Household Income
Elk River, MN: $99,457 · Norton Shores, MI: $73,390
Elk River, MN has a higher median household income than Norton Shores, MI by $26,067.
Elk River, MN overview · Norton Shores, MI overview · Popular comparisons