CostIndexUSA

Minneapolis, MN vs Pembroke Pines, FL Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableMN
Minneapolis
104.8
overall index
$1,675/mo rent
FL
Pembroke Pines
114.2
overall index
$2,650/mo rent

Minneapolis is moderately cheaper than Pembroke Pines — 9.0% lower overall cost of living.

To match an $80,000 salary in Minneapolis, you would need $87,200 in Pembroke Pines. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing+39.2%
Minneapolis
111.8
Pembroke Pines
155.6
🛒 Groceries≈ Equal
Minneapolis
103.1
Pembroke Pines
103.6
🚗 Transportation+4.6%
Minneapolis
109.6
Pembroke Pines
114.6
🏥 Healthcare+4.5%
Minneapolis
99.2
Pembroke Pines
103.7
Utilities+4.0%
Minneapolis
93.5
Pembroke Pines
97.2

Salary Equivalency Calculator

Enter your current salary in Minneapolis to see what you'd need to earn in Pembroke Pines to maintain the same purchasing power.

$
Equivalent salary in Pembroke Pines, FL
$87,200
$7,200 more needed in Pembroke Pines

Formula: salary × (114.2 ÷ 104.8) = salary × 1.0897. Based on BEA Regional Price Parities.

Housing Market

Minneapolis, MN

Median Home Price
$374,000
Median Monthly Rent
$1,675
Housing Index
111.8
Price-to-Rent Ratio
18.6×

Pembroke Pines, FL

Median Home Price
$467,000
Median Monthly Rent
$2,650
Housing Index
155.6
Price-to-Rent Ratio
14.7×

Pembroke Pines has 39.2% higher housing costs compared to Minneapolis.

Income & Job Market

Minneapolis, MN

Median Household Income
$95,100
Per Capita Income
$54,200
Unemployment Rate
2.9%
Population
429,606
Top Industries
FinanceHealthcareRetailManufacturingTechnology

Pembroke Pines, FL

Median Household Income
$76,300
Per Capita Income
$43,500
Unemployment Rate
4.1%
Population
173,591
Top Industries
HealthcareRetailEducationFinanceGovernment

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Minneapolis, MN
4.7×income-to-rent ratio

79% of income left after rent (median)

Pembroke Pines, FL
2.4×income-to-rent ratio

58% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.