Silver Lake, KS vs New Richland, MN: Cost of Living

Which city costs less?

New Richland, MN has a modeled overall cost index 11.8% higher than Silver Lake, KS.

Silver Lake, KS · modeled 2BR rent
$960 / month
New Richland, MN · modeled 2BR rent
$970 / month

These are saved estimates, not current rental listings. Some cities use adjusted regional data. Your household budget can differ from the overall index. Sources and assumptions

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Cost of Living Comparison 2026

Compare Silver Lake, KS and New Richland, MN using saved regional data and explicit budgeting assumptions. Rent estimates are not live listings. Change the salary below, then check the source notes before applying a result to your household.

Saved regional estimates · Sources and assumptions

$
Numbers update automatically as you type

Estimated extra cost: $761/month in New Richland, MN

$150,000 in your current city has a modeled equivalent of $159,129 in New Richland, MN

Regional cost estimates: Silver Lake, KS uses Kansas City, MO. New Richland, MN uses Minneapolis, MN. Available city ZIP rent estimates are shown separately.
Overall Cost
↑ 11.8%
More expensive
Monthly Impact
$761
Extra cost
Annual Impact
$9.1K
Per year

Assumes 60% of current gross income goes to living costs. The headline uses the category budget below; taxes, moving costs and savings goals are excluded.

Silver Lake, KS

Population:1K
Cost Index:
77.4
100 = national average
Typical Home:$263K

New Richland, MN

Population:1K
Cost Index:
86.5
100 = national average
Typical Home:$260K

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Silver Lake, KS

The Sunflower State

1K
Population
State Tax
Yes

Located in Kansas, this city has a population of 1K residents.

New Richland, MN

The North Star State

1K
Population
State Tax
Yes

Located in Minnesota, this city has a population of 1K residents.

Cost Breakdown by Category

Estimated monthly spending: Silver Lake, KS vs New Richland, MN

Assumes 60% of your current gross income is spent on these categories. The headline and totals use this same budget. Rent estimates below are separate reference data. Rounded amounts may differ by $1.

Housing
↑ 24.3%
Silver Lake, KS
$2,038
New Richland, MN
$2,532
Difference
$494
more
Healthcare
↑ 20.2%
Silver Lake, KS
$704
New Richland, MN
$846
Difference
$142
more
Transportation
↑ 5.8%
Silver Lake, KS
$1,308
New Richland, MN
$1,383
Difference
$75.23
more
All Utilities
↓ 8.4%
Silver Lake, KS
$621
New Richland, MN
$569
Difference
$52.12
less
Groceries
↑ 4.7%
Silver Lake, KS
$1,101
New Richland, MN
$1,152
Difference
$51.34
more
Other
↑ 2.9%
Silver Lake, KS
$1,728
New Richland, MN
$1,779
Difference
$50.05
more

🏠Rent Comparison

Studio
From$720
To$680
↓ $40.00
1 Bed
From$740
To$740
→ $0
2 Bed
From$960
To$970
↑ $10.00
3 Bed
From$1,260
To$1,350
↑ $90.00
Silver Lake, KSZIP-level data

1BR range: $740–$740/mo

New Richland, MNZIP-level data

1BR range: $740–$740/mo

💡 Note: HUD Fair Market Rents estimate 40th-percentile gross rents, including most tenant-paid utilities. City ZIP summaries are medians of those estimates, not market median rents. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$7,500
Monthly in Silver Lake, KS
$8,261
Monthly in New Richland, MN
$761
Difference

Home Values

Silver Lake
New Richland
$263K
Median Value
$260K
↑ +3.1%
YoY Change
↑ +6.6%
↑ +40.7%
5-Year Change
↑ +40.9%

Homes in New Richland are 1% less expensive than Silver Lake

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings
↓ $2.0K
More taxes
Monthly Difference
$168
Less take-home
Effective Rate Diff
1.3%
Rate difference

Silver Lake, KS

Federal Income Tax
Effective: 18.9%
$25.5K
Kansas State Tax
Effective: 5.6%
$8.4K
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 30.3%
$45.4K
Take-Home Pay
$8,714/month
$104.6K

New Richland, MN

Federal Income Tax
Effective: 18.9%
$25.5K
Minnesota State Tax
Effective: 7.0%
$10.4K
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 31.6%
$47.4K
Take-Home Pay
$8,546/month
$102.6K

Additional Tax Information

Silver Lake, KS Tax Rates

Sales Tax:8.7%
Property Tax:1.3%

New Richland, MN Tax Rates

Sales Tax:8.0%
Property Tax:1.1%

💡 Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.

Environment

Silver Lake
New Richland
46 Good
Air Quality
42 Good
59.3%
Good Air Days
66.4%
97 High
Climate Risk
98 High
🌊🌡🌪
Top Hazards
🌊🌡🌪
▲+3.3°F
2050 Outlook
▲+3.6°F
44 days
Heat Days >95°F
14 days
▲+3.3°F
2050 Outlook
▲+3.6°F
44 days
Heat Days >95°F
14 days

Before moving from Silver Lake, KS to New Richland, MN

Use this comparison to shortlist a move, then check the costs that depend on your household.

  1. Compare actual homes. Get current quotes in New Richland, MN for the same bedroom count and included utilities as your home in Silver Lake, KS. Add parking, deposits, insurance and any overlapping leases. The rent estimates above are a starting point, not available listings.
  2. Confirm your income. Check your expected pay with your employer, including any location adjustment. Use “Different salary at destination?” above to compare two incomes. The budget model excludes taxes and one-time moving costs; it is not a take-home-pay calculation.
  3. Price your daily routine. Check the commute from a specific address to work, school or childcare. Add household expenses missing from this model, such as childcare, debt payments and medical needs. Verify local services before signing a lease.
  4. Plan the transition. Get moving quotes and budget for travel, setup costs and time off. Open your Silver Lake to New Richland moving checklist to organize the tasks and timing.

Still choosing a destination? Explore cities similar to New Richland, MN by cost, housing, population and region.

Frequently Asked Questions: Silver Lake, KS vs New Richland, MN

How do the cost estimates for Silver Lake, KS and New Richland, MN compare?

New Richland, MN has a modeled overall cost index 11.8% higher than Silver Lake, KS. This is a broad model comparison, not a survey of today's prices or a forecast of your household spending. Some cities use adjusted regional fallback data.

What does the equivalent salary mean?

At a $150,000 salary in Silver Lake, KS, the model estimates $159,129 in New Richland, MN. It allocates 60% of gross income to the origin city’s category budget and applies each destination category’s relative cost. The equivalent salary adds the total category difference to your income. The monthly difference is the same category difference divided by 12; it is not take-home pay or guaranteed savings. Household size, childcare and your actual lease are not inputs to this calculation.

What rent estimates are available for Silver Lake, KS and New Richland, MN?

The modeled two-bedroom rents are $960/month in Silver Lake, KS and $970/month in New Richland, MN. Where available, the source is a city median of HUD FY2026 ZIP-level estimates; otherwise a saved metro table is used. City adjustments may also apply. These are not asking rents or available listings. Compare actual properties with the same bedroom count and included utilities.

How should I use this comparison before moving?

Use it to shortlist locations, then replace modeled costs with a current housing quote, employer-confirmed income, commute costs, insurance and your household's other expenses. Add one-time moving costs separately. Source years differ and the saved datasets are not a live price feed. Read the methodology for the formulas and fallback rules.

💰 See how taxes change too — compare take-home pay between Kansas and Minnesota on TaxTakeHome.com

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