Raleigh, NC vs Minneapolis, MN
Moving from Raleigh to Minneapolis? Here's what changes — from your equivalent salary to housing ($438,364 → $393,774 median home) and taxes.
Raleigh vs Minneapolis at a glance
Bars scaled to the range across all 200 metros; labels show actual values.
To keep the same standard of living as $100,000 in Raleigh, NC, you'd need about $106,046 in Minneapolis, MN (+$6,046).
Livability — Raleigh, NC: 64 · Minneapolis, MN: 54 (0–100).
What your home budget buys
A $500,000 home budget gets you about 2,281 sqft in Raleigh vs 2,285 sqft in Minneapolis ($219 vs $219 per sqft).
Annual cost breakdown (at $100,000)
| Category | Raleigh, NC | Minneapolis, MN | Difference |
|---|---|---|---|
| Housing | $20,328 | $20,652 | +$324 |
| Groceries | $4,840 | $5,227 | +$387 |
| Transportation | $3,130 | $3,375 | +$245 |
| Utilities | $1,752 | $1,776 | +$24 |
| Insurance | $2,000 | $2,200 | +$200 |
| Taxes | $9,294 | $16,345 | +$7,051 |
| Total | $41,344 | $49,575 | +$8,231 |
Side by side
| Metric | Raleigh, NC | Minneapolis, MN |
|---|---|---|
| Cost-of-living index | 98.4 | 104.3 |
| Unemployment rate | 4.19% | 3.90% |
| Population growth (5-yr) | 11.5% | 4.3% |
| Air quality (median AQI) | 47 | 47 |
| Big Mac price (est.) | $5.60 | $5.93 |
| Median home price | $438,364 | $393,774 |
| Home price ÷ income | 4.8× | 4.2× |
| 1-yr home appreciation | -2.2% | 2.1% |
| Price per square foot | $219 | $219 |
| Median rent | $1,694 | $1,721 |
| Total tax burden (% income) | 9.9% | 12.1% |
| Combined sales tax | 6.98% | 8.10% |
| Capital gains tax | 4.25% | 9.85% |
| Property tax rate | 0.75% | 1.10% |
| Healthcare (annual) | $6,600 | $6,800 |
| Childcare (annual, infant) | $10,000 | $16,000 |
| Vehicle property tax | 1.10% | 1.58% |
| Avg commute (min) | 27 | 25 |
| Home insurance / yr | $2,000 | $2,200 |
| Auto insurance / yr | $1,400 | $1,600 |
| Flood insurance / yr | $800 | $600 |
| Earthquake insurance / yr | $100 | $100 |
| Electricity ¢/kWh | 16.3 | 16.4 |
| Gas $/gal | 3.20 | 3.15 |
| Violent crime /100k | 400 | 280 |
| Avg summer high °F | 89 | 83 |
| Avg winter low °F | 30 | 4 |
| Permit difficulty (1–5) | 3 | 3 |