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Minneapolis, MN vs Lakeland, FL

Moving from Minneapolis to Lakeland? Here's what changes — from your equivalent salary to housing ($393,774 → $298,816 median home) and taxes.

Minneapolis vs Lakeland at a glance

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

Minneapolis, MN Lakeland, FL Cost-of-living index Minneapolis, MN — Cost-of-living index: 104 104 Lakeland, FL — Cost-of-living index: 98 98 Median home price Minneapolis, MN — Median home price: $394k $394k Lakeland, FL — Median home price: $299k $299k Price per sqft Minneapolis, MN — Price per sqft: $219 $219 Lakeland, FL — Price per sqft: $162 $162 Median rent Minneapolis, MN — Median rent: $1,721 $1,721 Lakeland, FL — Median rent: $1,849 $1,849 Combined sales tax Minneapolis, MN — Combined sales tax: 8.1% 8.1% Lakeland, FL — Combined sales tax: 7.0% 7.0% Property tax rate Minneapolis, MN — Property tax rate: 1.10% 1.10% Lakeland, FL — Property tax rate: 0.73% 0.73% Violent crime /100k Minneapolis, MN — Violent crime /100k: 280 280 Lakeland, FL — Violent crime /100k: 380 380 Electricity ¢/kWh Minneapolis, MN — Electricity ¢/kWh: 16.4 16.4 Lakeland, FL — Electricity ¢/kWh: 15.4 15.4 Avg commute (min) Minneapolis, MN — Avg commute (min): 25 25 Lakeland, FL — Avg commute (min): 30 30 Avg summer high °F Minneapolis, MN — Avg summer high °F: 83° 83° Lakeland, FL — Avg summer high °F: 91° 91° Avg winter low °F Minneapolis, MN — Avg winter low °F: 4° Lakeland, FL — Avg winter low °F: 52° 52°

To keep the same standard of living as $100,000 in Minneapolis, MN, you'd need about $93,702 in Lakeland, FL (−$6,298).

Livability — Minneapolis, MN: 54 · Lakeland, FL: 69 (0–100).

What your home budget buys

A $500,000 home budget gets you about 2,285 sqft in Minneapolis vs 3,096 sqft in Lakeland ($219 vs $162 per sqft).

Annual cost breakdown (at $100,000)

CategoryMinneapolis, MNLakeland, FLDifference
Housing $20,652 $22,188 +$1,536
Groceries $5,227 $4,813 −$414
Transportation $3,375 $4,800 +$1,425
Utilities $1,776 $1,656 −$120
Insurance $2,200 $4,200 +$2,000
Taxes $16,345 $4,036 −$12,309
Total $49,575 $41,693 −$7,882

Side by side

MetricMinneapolis, MNLakeland, FL
Cost-of-living index104.397.7
Unemployment rate3.90%4.63%
Population growth (5-yr)4.3%12.9%
Air quality (median AQI)4242
Big Mac price (est.)$5.93$5.56
Median home price$393,774$298,816
Home price ÷ income4.2×4.9×
1-yr home appreciation2.1%-3.2%
Price per square foot$219$162
Median rent$1,721$1,849
Total tax burden (% income)12.1%9.1%
Combined sales tax8.10%7.02%
Capital gains tax9.85%None
Property tax rate1.10%0.73%
Healthcare (annual)$6,800$7,500
Childcare (annual, infant)$16,000$10,000
Vehicle property tax1.58%None
Avg commute (min)2530
Home insurance / yr$2,200$4,200
Auto insurance / yr$1,600$2,900
Flood insurance / yr$600$1,400
Earthquake insurance / yr$100$100
Electricity ¢/kWh16.415.4
Gas $/gal3.153.35
Natural gas / mo$76$38
Water & sewer / mo$77$88
Home internet / mo$81$76
Violent crime /100k280380
Avg summer high °F8391
Avg winter low °F452
Annual precipitation (in)31.651.5
Annual snowfall (in)51.20.0
Sunshine (% possible)58%68%
Permit difficulty (1–5)33

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