SalaryCompareTool

Minneapolis, MN vs Asheville, NC

Moving from Minneapolis to Asheville? Here's what changes — from your equivalent salary to housing ($393,774 → $428,742 median home) and taxes.

Minneapolis vs Asheville at a glance

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

Minneapolis, MN Asheville, NC Cost-of-living index Minneapolis, MN — Cost-of-living index: 104 104 Asheville, NC — Cost-of-living index: 97 97 Median home price Minneapolis, MN — Median home price: $394k $394k Asheville, NC — Median home price: $429k $429k Price per sqft Minneapolis, MN — Price per sqft: $219 $219 Asheville, NC — Price per sqft: $214 $214 Median rent Minneapolis, MN — Median rent: $1,721 $1,721 Asheville, NC — Median rent: $1,708 $1,708 Combined sales tax Minneapolis, MN — Combined sales tax: 8.1% 8.1% Asheville, NC — Combined sales tax: 7.0% 7.0% Property tax rate Minneapolis, MN — Property tax rate: 1.10% 1.10% Asheville, NC — Property tax rate: 0.59% 0.59% Violent crime /100k Minneapolis, MN — Violent crime /100k: 280 280 Asheville, NC — Violent crime /100k: 400 400 Electricity ¢/kWh Minneapolis, MN — Electricity ¢/kWh: 16.4 16.4 Asheville, NC — Electricity ¢/kWh: 16.3 16.3 Avg commute (min) Minneapolis, MN — Avg commute (min): 25 25 Asheville, NC — Avg commute (min): 22 22 Avg summer high °F Minneapolis, MN — Avg summer high °F: 83° 83° Asheville, NC — Avg summer high °F: 89° 89° Avg winter low °F Minneapolis, MN — Avg winter low °F: 4° Asheville, NC — Avg winter low °F: 30° 30°

To keep the same standard of living as $100,000 in Minneapolis, MN, you'd need about $93,375 in Asheville, NC (−$6,625).

Livability — Minneapolis, MN: 54 · Asheville, NC: 65 (0–100).

What your home budget buys

A $500,000 home budget gets you about 2,285 sqft in Minneapolis vs 2,332 sqft in Asheville ($219 vs $214 per sqft).

Annual cost breakdown (at $100,000)

CategoryMinneapolis, MNAsheville, NCDifference
Housing $20,652 $20,496 −$156
Groceries $5,227 $4,840 −$387
Transportation $3,375 $3,130 −$245
Utilities $1,776 $1,752 −$24
Insurance $2,200 $2,000 −$200
Taxes $16,345 $8,431 −$7,914
Total $49,575 $40,649 −$8,926

Side by side

MetricMinneapolis, MNAsheville, NC
Cost-of-living index104.397.4
Unemployment rate3.90%3.52%
Population growth (5-yr)4.3%5.3%
Air quality (median AQI)4748
Big Mac price (est.)$5.93$5.54
Median home price$393,774$428,742
Home price ÷ income4.2×6.6×
1-yr home appreciation2.1%-3.6%
Price per square foot$219$214
Median rent$1,721$1,708
Total tax burden (% income)12.1%9.9%
Combined sales tax8.10%6.98%
Capital gains tax9.85%4.25%
Property tax rate1.10%0.59%
Healthcare (annual)$6,800$6,600
Childcare (annual, infant)$16,000$10,000
Vehicle property tax1.58%1.10%
Avg commute (min)2522
Home insurance / yr$2,200$2,000
Auto insurance / yr$1,600$1,400
Flood insurance / yr$600$800
Earthquake insurance / yr$100$100
Electricity ¢/kWh16.416.3
Gas $/gal3.153.20
Violent crime /100k280400
Avg summer high °F8389
Avg winter low °F430
Permit difficulty (1–5)33

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