SalaryCompareTool

Austin, TX vs Minneapolis, MN

Moving from Austin to Minneapolis? Here's what changes — from your equivalent salary to housing ($428,524 → $393,774 median home) and taxes.

Austin vs Minneapolis at a glance

Bars scaled to the range across all 200 metros; labels show actual values.

Austin, TX Minneapolis, MN Cost-of-living index Austin, TX — Cost-of-living index: 98 98 Minneapolis, MN — Cost-of-living index: 104 104 Median home price Austin, TX — Median home price: $429k $429k Minneapolis, MN — Median home price: $394k $394k Price per sqft Austin, TX — Price per sqft: $204 $204 Minneapolis, MN — Price per sqft: $219 $219 Median rent Austin, TX — Median rent: $1,635 $1,635 Minneapolis, MN — Median rent: $1,721 $1,721 Combined sales tax Austin, TX — Combined sales tax: 8.2% 8.2% Minneapolis, MN — Combined sales tax: 8.1% 8.1% Property tax rate Austin, TX — Property tax rate: 1.71% 1.71% Minneapolis, MN — Property tax rate: 1.10% 1.10% Violent crime /100k Austin, TX — Violent crime /100k: 430 430 Minneapolis, MN — Violent crime /100k: 280 280 Electricity ¢/kWh Austin, TX — Electricity ¢/kWh: 17.0 17.0 Minneapolis, MN — Electricity ¢/kWh: 16.4 16.4 Avg commute (min) Austin, TX — Avg commute (min): 27 27 Minneapolis, MN — Avg commute (min): 25 25 Avg summer high °F Austin, TX — Avg summer high °F: 96° 96° Minneapolis, MN — Avg summer high °F: 83° 83° Avg winter low °F Austin, TX — Avg winter low °F: 38° 38° Minneapolis, MN — Avg winter low °F: 4°

To keep the same standard of living as $100,000 in Austin, TX, you'd need about $106,132 in Minneapolis, MN (+$6,132).

Livability — Austin, TX: 70 · Minneapolis, MN: 54 (0–100).

What your home budget buys

A $500,000 home budget gets you about 2,450 sqft in Austin vs 2,285 sqft in Minneapolis ($204 vs $219 per sqft).

Annual cost breakdown (at $100,000)

CategoryAustin, TXMinneapolis, MNDifference
Housing $19,620 $20,652 +$1,032
Groceries $4,647 $5,227 +$580
Transportation $3,675 $3,375 −$300
Utilities $1,836 $1,776 −$60
Insurance $3,600 $2,200 −$1,400
Taxes $9,558 $16,345 +$6,787
Total $42,936 $49,575 +$6,639

Side by side

MetricAustin, TXMinneapolis, MN
Cost-of-living index98.3104.3
Unemployment rate4.30%3.90%
Population growth (5-yr)14.8%4.3%
Air quality (median AQI)4242
Big Mac price (est.)$5.59$5.93
Median home price$428,524$393,774
Home price ÷ income4.6×4.2×
1-yr home appreciation-6.0%2.1%
Price per square foot$204$219
Median rent$1,635$1,721
Total tax burden (% income)8.6%12.1%
Combined sales tax8.20%8.10%
Capital gains taxNone9.85%
Property tax rate1.71%1.10%
Healthcare (annual)$6,800$6,800
Childcare (annual, infant)$9,500$16,000
Vehicle property taxNone1.58%
Avg commute (min)2725
Home insurance / yr$3,600$2,200
Auto insurance / yr$2,100$1,600
Flood insurance / yr$900$600
Earthquake insurance / yr$100$100
Electricity ¢/kWh17.016.4
Gas $/gal3.003.15
Natural gas / mo$52$76
Water & sewer / mo$134$77
Home internet / mo$83$81
Violent crime /100k430280
Avg summer high °F9683
Avg winter low °F384
Annual precipitation (in)36.331.6
Annual snowfall (in)0.251.2
Sunshine (% possible)60%58%
Permit difficulty (1–5)23

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