Minneapolis, MN — Cost of Living
2024 data · BEA Regional Price Parities · U.S. Census ACS
104.8
Overall Index
100 = U.S. avg
$374,000
Median Home Price
Purchase
$1,675
Median Rent
Per month
$95,100
Median Income
Household
2.9%
Unemployment
Rate
429,606
Population
Residents
Category Cost Indices
🏠
111.8
Housing
🛒
103.1
Groceries
🚗
109.6
Transport
🏥
99.2
Healthcare
⚡
93.5
Utilities
100 = U.S. national average
Top Industries
FinanceHealthcareRetailManufacturingTechnology
Compare Minneapolis Against Other Cities
Minneapolis vs Duluth, MN
Duluth index: 88.8
-15.3%
Minneapolis vs Rochester, MN
Rochester index: 90.8
-13.4%
Minneapolis vs St. Cloud, MN
St. Cloud index: 87.6
-16.4%
Minneapolis vs Tulsa, OK
Tulsa index: 89.2
-14.9%
Minneapolis vs Virginia Beach, VA
Virginia Beach index: 97.9
-6.6%
Minneapolis vs Tampa, FL
Tampa index: 100.9
-3.7%
Minneapolis vs Wichita, KS
Wichita index: 88.9
-15.2%
Minneapolis vs Arlington, TX
Arlington index: 103.1
-1.6%
Minneapolis can be compared against 294 other cities. View all MN cities →