SalaryCompareTool

Fargo, ND vs Minneapolis, MN

Moving from Fargo to Minneapolis? Here's what changes — from your equivalent salary to housing ($327,854 → $393,774 median home) and taxes.

Fargo vs Minneapolis at a glance

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

Fargo, ND Minneapolis, MN Cost-of-living index Fargo, ND — Cost-of-living index: 89 89 Minneapolis, MN — Cost-of-living index: 104 104 Median home price Fargo, ND — Median home price: $328k $328k Minneapolis, MN — Median home price: $394k $394k Price per sqft Fargo, ND — Price per sqft: $193 $193 Minneapolis, MN — Price per sqft: $219 $219 Median rent Fargo, ND — Median rent: $1,156 $1,156 Minneapolis, MN — Median rent: $1,721 $1,721 Combined sales tax Fargo, ND — Combined sales tax: 7.0% 7.0% Minneapolis, MN — Combined sales tax: 8.1% 8.1% Property tax rate Fargo, ND — Property tax rate: 1.20% 1.20% Minneapolis, MN — Property tax rate: 1.10% 1.10% Violent crime /100k Fargo, ND — Violent crime /100k: 290 290 Minneapolis, MN — Violent crime /100k: 280 280 Electricity ¢/kWh Fargo, ND — Electricity ¢/kWh: 12.3 12.3 Minneapolis, MN — Electricity ¢/kWh: 16.4 16.4 Avg commute (min) Fargo, ND — Avg commute (min): 18 18 Minneapolis, MN — Avg commute (min): 25 25 Avg summer high °F Fargo, ND — Avg summer high °F: 84° 84° Minneapolis, MN — Avg summer high °F: 83° 83° Avg winter low °F Fargo, ND — Avg winter low °F: -2° -2° Minneapolis, MN — Avg winter low °F: 4°

To keep the same standard of living as $100,000 in Fargo, ND, you'd need about $117,016 in Minneapolis, MN (+$17,016).

Livability — Fargo, ND: 68 · Minneapolis, MN: 54 (0–100).

What your home budget buys

A $500,000 home budget gets you about 2,592 sqft in Fargo vs 2,285 sqft in Minneapolis ($193 vs $219 per sqft).

Annual cost breakdown (at $100,000)

CategoryFargo, NDMinneapolis, MNDifference
Housing $13,872 $20,652 +$6,780
Groceries $4,850 $5,227 +$377
Transportation $3,130 $3,375 +$245
Utilities $1,332 $1,776 +$444
Insurance $2,100 $2,200 +$100
Taxes $8,083 $16,345 +$8,262
Total $33,367 $49,575 +$16,208

Side by side

MetricFargo, NDMinneapolis, MN
Cost-of-living index89.1104.3
Unemployment rate3.11%3.90%
Population growth (5-yr)8.2%4.3%
Air quality (median AQI)4242
Big Mac price (est.)$5.07$5.93
Median home price$327,854$393,774
Home price ÷ income4.5×4.2×
1-yr home appreciation3.2%2.1%
Price per square foot$193$219
Median rent$1,156$1,721
Total tax burden (% income)8.8%12.1%
Combined sales tax7.04%8.10%
Capital gains tax2.50%9.85%
Property tax rate1.20%1.10%
Healthcare (annual)$7,000$6,800
Childcare (annual, infant)$10,000$16,000
Vehicle property taxNone1.58%
Avg commute (min)1825
Home insurance / yr$2,100$2,200
Auto insurance / yr$1,400$1,600
Flood insurance / yr$650$600
Earthquake insurance / yr$100$100
Electricity ¢/kWh12.316.4
Gas $/gal3.203.15
Natural gas / mo$62$76
Water & sewer / mo$70$77
Home internet / mo$88$81
Violent crime /100k290280
Avg summer high °F8483
Avg winter low °F-24
Annual precipitation (in)22.631.6
Annual snowfall (in)50.051.2
Sunshine (% possible)57%58%
Permit difficulty (1–5)23

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