SalaryCompareTool

Minneapolis, MN vs Reno, NV

Moving from Minneapolis to Reno? Here's what changes — from your equivalent salary to housing ($393,774 → $570,546 median home) and taxes.

Minneapolis vs Reno at a glance

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

Minneapolis, MN Reno, NV Cost-of-living index Minneapolis, MN — Cost-of-living index: 104 104 Reno, NV — Cost-of-living index: 98 98 Median home price Minneapolis, MN — Median home price: $394k $394k Reno, NV — Median home price: $571k $571k Price per sqft Minneapolis, MN — Price per sqft: $219 $219 Reno, NV — Price per sqft: $300 $300 Median rent Minneapolis, MN — Median rent: $1,721 $1,721 Reno, NV — Median rent: $1,978 $1,978 Combined sales tax Minneapolis, MN — Combined sales tax: 8.1% 8.1% Reno, NV — Combined sales tax: 8.2% 8.2% Property tax rate Minneapolis, MN — Property tax rate: 1.10% 1.10% Reno, NV — Property tax rate: 0.48% 0.48% Violent crime /100k Minneapolis, MN — Violent crime /100k: 280 280 Reno, NV — Violent crime /100k: 460 460 Electricity ¢/kWh Minneapolis, MN — Electricity ¢/kWh: 16.4 16.4 Reno, NV — Electricity ¢/kWh: 14.3 14.3 Avg commute (min) Minneapolis, MN — Avg commute (min): 25 25 Reno, NV — Avg commute (min): 22 22 Avg summer high °F Minneapolis, MN — Avg summer high °F: 83° 83° Reno, NV — Avg summer high °F: 95° 95° Avg winter low °F Minneapolis, MN — Avg winter low °F: 4° Reno, NV — Avg winter low °F: 30° 30°

To keep the same standard of living as $100,000 in Minneapolis, MN, you'd need about $93,982 in Reno, NV (−$6,018).

Livability — Minneapolis, MN: 54 · Reno, NV: 62 (0–100).

What your home budget buys

A $500,000 home budget gets you about 2,285 sqft in Minneapolis vs 1,665 sqft in Reno ($219 vs $300 per sqft).

Annual cost breakdown (at $100,000)

CategoryMinneapolis, MNReno, NVDifference
Housing $20,652 $23,736 +$3,084
Groceries $5,227 $4,841 −$386
Transportation $3,375 $4,740 +$1,365
Utilities $1,776 $1,548 −$228
Insurance $2,200 $1,300 −$900
Taxes $16,345 $5,060 −$11,285
Total $49,575 $41,225 −$8,350

Side by side

MetricMinneapolis, MNReno, NV
Cost-of-living index104.398.0
Unemployment rate3.90%5.01%
Population growth (5-yr)4.3%9.2%
Air quality (median AQI)4242
Big Mac price (est.)$5.93$5.58
Median home price$393,774$570,546
Home price ÷ income4.2×7.0×
1-yr home appreciation2.1%0.0%
Price per square foot$219$300
Median rent$1,721$1,978
Total tax burden (% income)12.1%9.6%
Combined sales tax8.10%8.23%
Capital gains tax9.85%None
Property tax rate1.10%0.48%
Healthcare (annual)$6,800$6,400
Childcare (annual, infant)$16,000$11,000
Vehicle property tax1.58%2.12%
Avg commute (min)2522
Home insurance / yr$2,200$1,300
Auto insurance / yr$1,600$2,400
Flood insurance / yr$600$500
Earthquake insurance / yr$100$400
Electricity ¢/kWh16.414.3
Gas $/gal3.154.20
Natural gas / mo$76$48
Water & sewer / mo$77$80
Home internet / mo$81$89
Violent crime /100k280460
Avg summer high °F8395
Avg winter low °F430
Annual precipitation (in)31.67.4
Annual snowfall (in)51.222.0
Sunshine (% possible)58%82%
Permit difficulty (1–5)33

Ad · affiliate links