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Minneapolis, MN vs Boulder, CO

Moving from Minneapolis to Boulder? Here's what changes — from your equivalent salary to housing ($393,774 → $727,954 median home) and taxes.

Minneapolis vs Boulder at a glance

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

Minneapolis, MN Boulder, CO Cost-of-living index Minneapolis, MN — Cost-of-living index: 104 104 Boulder, CO — Cost-of-living index: 101 101 Median home price Minneapolis, MN — Median home price: $394k $394k Boulder, CO — Median home price: $728k $728k Price per sqft Minneapolis, MN — Price per sqft: $219 $219 Boulder, CO — Price per sqft: $383 $383 Median rent Minneapolis, MN — Median rent: $1,721 $1,721 Boulder, CO — Median rent: $2,257 $2,257 Combined sales tax Minneapolis, MN — Combined sales tax: 8.1% 8.1% Boulder, CO — Combined sales tax: 7.8% 7.8% Property tax rate Minneapolis, MN — Property tax rate: 1.10% 1.10% Boulder, CO — Property tax rate: 0.53% 0.53% Violent crime /100k Minneapolis, MN — Violent crime /100k: 280 280 Boulder, CO — Violent crime /100k: 490 490 Electricity ¢/kWh Minneapolis, MN — Electricity ¢/kWh: 16.4 16.4 Boulder, CO — Electricity ¢/kWh: 16.5 16.5 Avg commute (min) Minneapolis, MN — Avg commute (min): 25 25 Boulder, CO — Avg commute (min): 23 23 Avg summer high °F Minneapolis, MN — Avg summer high °F: 83° 83° Boulder, CO — Avg summer high °F: 88° 88° Avg winter low °F Minneapolis, MN — Avg winter low °F: 4° Boulder, CO — Avg winter low °F: 18° 18°

To keep the same standard of living as $100,000 in Minneapolis, MN, you'd need about $96,464 in Boulder, CO (−$3,536).

Livability — Minneapolis, MN: 54 · Boulder, CO: 54 (0–100).

What your home budget buys

A $500,000 home budget gets you about 2,285 sqft in Minneapolis vs 1,305 sqft in Boulder ($219 vs $383 per sqft).

Annual cost breakdown (at $100,000)

CategoryMinneapolis, MNBoulder, CODifference
Housing $20,652 $27,084 +$6,432
Groceries $5,227 $4,814 −$413
Transportation $3,375 $4,050 +$675
Utilities $1,776 $1,788 +$12
Insurance $2,200 $2,800 +$600
Taxes $16,345 $10,679 −$5,666
Total $49,575 $51,214 +$1,639

Side by side

MetricMinneapolis, MNBoulder, CO
Cost-of-living index104.3100.6
Unemployment rate3.90%4.41%
Population growth (5-yr)4.3%3.8%
Air quality (median AQI)4749
Big Mac price (est.)$5.93$5.72
Median home price$393,774$727,954
Home price ÷ income4.2×7.3×
1-yr home appreciation2.1%-2.6%
Price per square foot$219$383
Median rent$1,721$2,257
Total tax burden (% income)12.1%9.7%
Combined sales tax8.10%7.77%
Capital gains tax9.85%4.40%
Property tax rate1.10%0.53%
Healthcare (annual)$6,800$6,800
Childcare (annual, infant)$16,000$16,000
Vehicle property tax1.58%1.79%
Avg commute (min)2523
Home insurance / yr$2,200$2,800
Auto insurance / yr$1,600$2,000
Flood insurance / yr$600$550
Earthquake insurance / yr$100$100
Electricity ¢/kWh16.416.5
Gas $/gal3.153.30
Violent crime /100k280490
Avg summer high °F8388
Avg winter low °F418
Permit difficulty (1–5)33

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