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Minneapolis, MN vs Louisville/Jefferson County, KY

Moving from Minneapolis to Louisville/Jefferson County? Here's what changes — from your equivalent salary to housing ($393,774 → $350,000 median home) and taxes.

Minneapolis vs Louisville/Jefferson County at a glance

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

Minneapolis, MN Louisville/Jefferson County, KY Cost-of-living index Minneapolis, MN — Cost-of-living index: 104 104 Louisville/Jefferson County, KY — Cost-of-living index: 93 93 Median home price Minneapolis, MN — Median home price: $394k $394k Louisville/Jefferson County, KY — Median home price: $350k $350k Price per sqft Minneapolis, MN — Price per sqft: $219 $219 Louisville/Jefferson County, KY — Price per sqft: $200 $200 Median rent Minneapolis, MN — Median rent: $1,721 $1,721 Louisville/Jefferson County, KY — Median rent: $1,500 $1,500 Combined sales tax Minneapolis, MN — Combined sales tax: 8.1% 8.1% Louisville/Jefferson County, KY — Combined sales tax: 6.0% 6.0% Property tax rate Minneapolis, MN — Property tax rate: 1.10% 1.10% Louisville/Jefferson County, KY — Property tax rate: 0.82% 0.82% Violent crime /100k Minneapolis, MN — Violent crime /100k: 280 280 Louisville/Jefferson County, KY — Violent crime /100k: 260 260 Electricity ¢/kWh Minneapolis, MN — Electricity ¢/kWh: 16.4 16.4 Louisville/Jefferson County, KY — Electricity ¢/kWh: 15.0 15.0 Avg commute (min) Minneapolis, MN — Avg commute (min): 25 25 Louisville/Jefferson County, KY — Avg commute (min): 24 24 Avg summer high °F Minneapolis, MN — Avg summer high °F: 83° 83° Louisville/Jefferson County, KY — Avg summer high °F: 88° 88° Avg winter low °F Minneapolis, MN — Avg winter low °F: 4° Louisville/Jefferson County, KY — Avg winter low °F: 26° 26°

To keep the same standard of living as $100,000 in Minneapolis, MN, you'd need about $89,348 in Louisville/Jefferson County, KY (−$10,652).

Livability — Minneapolis, MN: 54 · Louisville/Jefferson County, KY: 72 (0–100).

What your home budget buys

A $500,000 home budget gets you about 2,285 sqft in Minneapolis vs 2,500 sqft in Louisville/Jefferson County ($219 vs $200 per sqft).

Annual cost breakdown (at $100,000)

CategoryMinneapolis, MNLouisville/Jefferson County, KYDifference
Housing $20,652 $18,000 −$2,652
Groceries $5,227 $4,716 −$511
Transportation $3,375 $3,870 +$495
Utilities $1,776 $1,620 −$156
Insurance $2,200 $2,200 +$0
Taxes $16,345 $7,922 −$8,423
Total $49,575 $38,328 −$11,247

Side by side

MetricMinneapolis, MNLouisville/Jefferson County, KY
Cost-of-living index104.393.2
Unemployment rate3.90%4.66%
Population growth (5-yr)4.3%0.3%
Air quality (median AQI)4751
Big Mac price (est.)$5.93$5.30
Median home price$393,774$350,000
Home price ÷ income4.2×5.0×
1-yr home appreciation2.1%3.0%
Price per square foot$219$200
Median rent$1,721$1,500
Total tax burden (% income)12.1%9.6%
Combined sales tax8.10%6.00%
Capital gains tax9.85%4.00%
Property tax rate1.10%0.82%
Healthcare (annual)$6,800$6,300
Childcare (annual, infant)$16,000$9,000
Vehicle property tax1.58%1.44%
Avg commute (min)2524
Home insurance / yr$2,200$2,200
Auto insurance / yr$1,600$2,200
Flood insurance / yr$600$700
Earthquake insurance / yr$100$250
Electricity ¢/kWh16.415.0
Gas $/gal3.153.10
Violent crime /100k280260
Avg summer high °F8388
Avg winter low °F426
Permit difficulty (1–5)32

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