College Costs in New Ulm, MN 2026
Compare tuition, housing, and financial aid across 1 colleges in New Ulm, Minnesota. Use our free calculator to estimate your total cost.
Avg Public Tuition
$14,200
per year
Avg Private Tuition
$38,000
per year
Avg Rent Near Campus
$822
per month
Colleges & Universities
1
institutions
New Ulm Overview
Population
13,522
Student Population
1,563 (11.6%)
Cost of Living Index
93.6 (avg: 100)
Walk Score
33/100
Transit Score
23/100
Unemployment Rate
2.6%
College Cost Calculator for New Ulm
Cost Inputs
Total Cost (4 Years, Public In-State)
$112,948
Total After Financial Aid
$112,948
Annual Cost
$28,237
Annual After Aid
$28,237
Cost Breakdown (4 Years)
If Financed (10-Year Loan at 6.5%)
| Loan Amount | $112,948 |
| Monthly Payment | $1,283 |
| Total Interest | $40,952 |
| Total Loan Cost | $153,900 |
Universities in New Ulm
| University | Type | Annual Tuition |
|---|---|---|
| New Ulm State University | Public | $14,738 |
| New Ulm Community College | Community | $5,642 |
New Ulm has 1 total colleges and universities. Tuition figures are approximate annual in-state rates for the 2025-2026 academic year.
Cost of Living in New Ulm vs. National Average
| Category | New Ulm | National Avg | Difference |
|---|---|---|---|
| Public Tuition (In-State) | $14,200 | $10,940 | +$3,260 |
| Monthly Rent Near Campus | $822 | $1,050 | -$228 |
| Cost of Living Index | 93.6 | 100 | -6.400000000000006 |
New Ulm's cost of living is below the national average. This makes it a more affordable city for students compared to many other college towns.
Student Life in New Ulm
Walk Score
Car-Dependent
Transit Score
Minimal Transit
Student Population
1,563 students
New Ulm has a total population of 13,522, with approximately 1,563 college students (11.6% of the population). New Ulm has a significant student presence that contributes to a diverse cultural scene with restaurants, entertainment, and networking opportunities.
Post-Graduation Outlook in New Ulm
$35,478
Starting Salary
2.6%
Unemployment Rate
62%
Graduation Rate
~236 yrs
ROI Payback Period
Return on Investment Analysis
Graduates from colleges in New Ulm earn a median starting salary of $35,478, which is $478 more per year than the average high school graduate salary of $35,000. At a 4-year public university cost of $112,948 (including room and board), it would take approximately 236 years of the salary premium to recoup the investment. With average financial aid of $10,893 per student per year, the net cost and payback period can be significantly reduced.
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