SalaryCompareTool

Phoenix, AZ vs Minneapolis, MN

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

Phoenix vs Minneapolis at a glance

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

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

To keep the same standard of living as $100,000 in Phoenix, AZ, you'd need about $99,643 in Minneapolis, MN (−$357).

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

What your home budget buys

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

Annual cost breakdown (at $100,000)

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

Side by side

MetricPhoenix, AZMinneapolis, MN
Cost-of-living index104.7104.3
Unemployment rate4.88%3.90%
Population growth (5-yr)6.7%4.3%
Air quality (median AQI)4242
Big Mac price (est.)$5.96$5.93
Median home price$448,352$393,774
Home price ÷ income5.6×4.2×
1-yr home appreciation-1.7%2.1%
Price per square foot$242$219
Median rent$1,742$1,721
Total tax burden (% income)9.5%12.1%
Combined sales tax8.38%8.10%
Capital gains tax2.50%9.85%
Property tax rate0.51%1.10%
Healthcare (annual)$6,300$6,800
Childcare (annual, infant)$12,500$16,000
Vehicle property tax1.68%1.58%
Avg commute (min)2725
Home insurance / yr$1,800$2,200
Auto insurance / yr$1,900$1,600
Flood insurance / yr$550$600
Earthquake insurance / yr$100$100
Electricity ¢/kWh15.516.4
Gas $/gal3.603.15
Natural gas / mo$54$76
Water & sewer / mo$106$77
Home internet / mo$77$81
Violent crime /100k430280
Avg summer high °F10483
Avg winter low °F414
Annual precipitation (in)7.231.6
Annual snowfall (in)0.051.2
Sunshine (% possible)85%58%
Permit difficulty (1–5)23

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