Cost of Living in Minneapolis
United States • Pop: 0.4M
Minneapolis offers Fortune 500 headquarters with affordable Midwest living.
Fortune 500 hubLakes & parksStrong economyAffordable
Cost
Index
Index
58
Rent
Index
Index
52
Avg Net Salary
$4,000/mo
Cost Breakdown vs NYC (Index 100)
Overall Cost
58
42% cheaperRent
52
48% cheaperGroceries
88
12% cheaperRestaurants
85
15% cheaperTransport
90
10% cheaperUtilities
95
5% cheaperSalary Equivalence
How much you'd need to earn in Minneapolis to match a NYC salary
| NYC Salary | Equivalent in Minneapolis | Difference |
|---|---|---|
| $50,000 | $29,000 | Save $21,000 |
| $75,000 | $43,500 | Save $31,500 |
| $100,000 | $58,000 | Save $42,000 |
| $125,000 | $72,500 | Save $52,500 |
| $150,000 | $87,000 | Save $63,000 |
| $200,000 | $116,000 | Save $84,000 |
Living in Minneapolis: What to Expect
Minneapolis has a cost of living index of 58, meaning it is 42% cheaper than NYC in overall living costs.
The average net monthly salary in Minneapolis is approximately $4,000 ($4,000 when converted to USD).
Cost Breakdown
- Rent: Index of 52
- Groceries: Index of 88
- Restaurants: Index of 85
- Transport: Index of 90
- Utilities: Index of 95
Key highlights: Fortune 500 hub, Lakes & parks, Strong economy, Affordable.
Use our US salary calculator to see your take-home pay, or compare with other cities.