SalaryCompareTool

Minneapolis, MN vs Phoenix, AZ

Moving from Minneapolis to Phoenix? Here's what changes — from your equivalent salary to housing ($393,774 → $448,352 median home) and taxes.

Minneapolis vs Phoenix at a glance

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

Minneapolis, MN Phoenix, AZ Cost-of-living index Minneapolis, MN — Cost-of-living index: 104 104 Phoenix, AZ — Cost-of-living index: 105 105 Median home price Minneapolis, MN — Median home price: $394k $394k Phoenix, AZ — Median home price: $448k $448k Price per sqft Minneapolis, MN — Price per sqft: $219 $219 Phoenix, AZ — Price per sqft: $242 $242 Median rent Minneapolis, MN — Median rent: $1,721 $1,721 Phoenix, AZ — Median rent: $1,742 $1,742 Combined sales tax Minneapolis, MN — Combined sales tax: 8.1% 8.1% Phoenix, AZ — Combined sales tax: 8.4% 8.4% Property tax rate Minneapolis, MN — Property tax rate: 1.10% 1.10% Phoenix, AZ — Property tax rate: 0.51% 0.51% Violent crime /100k Minneapolis, MN — Violent crime /100k: 280 280 Phoenix, AZ — Violent crime /100k: 430 430 Electricity ¢/kWh Minneapolis, MN — Electricity ¢/kWh: 16.4 16.4 Phoenix, AZ — Electricity ¢/kWh: 15.5 15.5 Avg commute (min) Minneapolis, MN — Avg commute (min): 25 25 Phoenix, AZ — Avg commute (min): 27 27 Avg summer high °F Minneapolis, MN — Avg summer high °F: 83° 83° Phoenix, AZ — Avg summer high °F: 104° 104° Avg winter low °F Minneapolis, MN — Avg winter low °F: 4° Phoenix, AZ — Avg winter low °F: 41° 41°

To keep the same standard of living as $100,000 in Minneapolis, MN, you'd need about $100,359 in Phoenix, AZ (+$359).

Livability — Minneapolis, MN: 54 · Phoenix, AZ: 62 (0–100).

What your home budget buys

A $500,000 home budget gets you about 2,285 sqft in Minneapolis vs 2,063 sqft in Phoenix ($219 vs $242 per sqft).

Annual cost breakdown (at $100,000)

CategoryMinneapolis, MNPhoenix, AZDifference
Housing $20,652 $20,904 +$252
Groceries $5,227 $4,919 −$308
Transportation $3,375 $3,960 +$585
Utilities $1,776 $1,668 −$108
Insurance $2,200 $1,800 −$400
Taxes $16,345 $7,280 −$9,065
Total $49,575 $40,531 −$9,044

Side by side

MetricMinneapolis, MNPhoenix, AZ
Cost-of-living index104.3104.7
Unemployment rate3.90%4.88%
Population growth (5-yr)4.3%6.7%
Air quality (median AQI)4786
Big Mac price (est.)$5.93$5.96
Median home price$393,774$448,352
Home price ÷ income4.2×5.6×
1-yr home appreciation2.1%-1.7%
Price per square foot$219$242
Median rent$1,721$1,742
Total tax burden (% income)12.1%9.5%
Combined sales tax8.10%8.38%
Capital gains tax9.85%2.50%
Property tax rate1.10%0.51%
Healthcare (annual)$6,800$6,300
Childcare (annual, infant)$16,000$12,500
Vehicle property tax1.58%1.68%
Avg commute (min)2527
Home insurance / yr$2,200$1,800
Auto insurance / yr$1,600$1,900
Flood insurance / yr$600$550
Earthquake insurance / yr$100$100
Electricity ¢/kWh16.415.5
Gas $/gal3.153.60
Violent crime /100k280430
Avg summer high °F83104
Avg winter low °F441
Permit difficulty (1–5)32

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