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Minneapolis, MN vs Fort Smith, AR

Moving from Minneapolis to Fort Smith? Here's what changes — from your equivalent salary to housing ($393,774 → $205,554 median home) and taxes.

Minneapolis vs Fort Smith at a glance

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

Minneapolis, MN Fort Smith, AR Cost-of-living index Minneapolis, MN — Cost-of-living index: 104 104 Fort Smith, AR — Cost-of-living index: 85 85 Median home price Minneapolis, MN — Median home price: $394k $394k Fort Smith, AR — Median home price: $206k $206k Price per sqft Minneapolis, MN — Price per sqft: $219 $219 Fort Smith, AR — Price per sqft: $103 $103 Median rent Minneapolis, MN — Median rent: $1,721 $1,721 Fort Smith, AR — Median rent: $1,021 $1,021 Combined sales tax Minneapolis, MN — Combined sales tax: 8.1% 8.1% Fort Smith, AR — Combined sales tax: 9.5% 9.5% Property tax rate Minneapolis, MN — Property tax rate: 1.10% 1.10% Fort Smith, AR — Property tax rate: 0.62% 0.62% Violent crime /100k Minneapolis, MN — Violent crime /100k: 280 280 Fort Smith, AR — Violent crime /100k: 640 640 Electricity ¢/kWh Minneapolis, MN — Electricity ¢/kWh: 16.4 16.4 Fort Smith, AR — Electricity ¢/kWh: 14.2 14.2 Avg commute (min) Minneapolis, MN — Avg commute (min): 25 25 Fort Smith, AR — Avg commute (min): 22 22 Avg summer high °F Minneapolis, MN — Avg summer high °F: 83° 83° Fort Smith, AR — Avg summer high °F: 93° 93° Avg winter low °F Minneapolis, MN — Avg winter low °F: 4° 4° Fort Smith, AR — Avg winter low °F: 30° 30°

To keep the same standard of living as $100,000 in Minneapolis, MN, you'd need about $81,792 in Fort Smith, AR (−$18,208).

Livability — Minneapolis, MN: 54 · Fort Smith, AR: 73 (0–100).

What your home budget buys

A $500,000 home budget gets you about 2,285 sqft in Minneapolis vs 4,864 sqft in Fort Smith ($219 vs $103 per sqft).

Annual cost breakdown (at $100,000)

CategoryMinneapolis, MNFort Smith, ARDifference
Housing $20,652 $12,252 −$8,400
Groceries $5,227 $4,657 −$570
Transportation $3,375 $3,405 +$30
Utilities $1,776 $1,524 −$252
Insurance $2,200 $2,800 +$600
Taxes $16,345 $8,127 −$8,218
Total $49,575 $32,764 −$16,811

Side by side

MetricMinneapolis, MNFort Smith, AR
Cost-of-living index104.385.3
Unemployment rate3.90%5.23%
Population growth (5-yr)4.3%-12.6%
Air quality (median AQI)4744
Big Mac price (est.)$5.93$4.85
Median home price$393,774$205,554
Home price ÷ income4.2×3.9×
1-yr home appreciation2.1%4.6%
Price per square foot$219$103
Median rent$1,721$1,021
Total tax burden (% income)12.1%10.2%
Combined sales tax8.10%9.47%
Capital gains tax9.85%3.90%
Property tax rate1.10%0.62%
Healthcare (annual)$6,800$6,000
Childcare (annual, infant)$16,000$7,500
Vehicle property tax1.58%1.02%
Avg commute (min)2522
Home insurance / yr$2,200$2,800
Auto insurance / yr$1,600$1,900
Flood insurance / yr$600$750
Earthquake insurance / yr$100$350
Electricity ¢/kWh16.414.2
Gas $/gal3.152.95
Violent crime /100k280640
Avg summer high °F8393
Avg winter low °F430
Permit difficulty (1–5)32
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