SalaryCompareTool

Salt Lake City, UT vs Minneapolis, MN

Moving from Salt Lake City to Minneapolis? Here's what changes — from your equivalent salary to housing ($568,656 → $393,774 median home) and taxes.

Salt Lake City vs Minneapolis at a glance

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

Salt Lake City, UT Minneapolis, MN Cost-of-living index Salt Lake City, UT — Cost-of-living index: 97 97 Minneapolis, MN — Cost-of-living index: 104 104 Median home price Salt Lake City, UT — Median home price: $569k $569k Minneapolis, MN — Median home price: $394k $394k Price per sqft Salt Lake City, UT — Price per sqft: $271 $271 Minneapolis, MN — Price per sqft: $219 $219 Median rent Salt Lake City, UT — Median rent: $1,641 $1,641 Minneapolis, MN — Median rent: $1,721 $1,721 Combined sales tax Salt Lake City, UT — Combined sales tax: 7.2% 7.2% Minneapolis, MN — Combined sales tax: 8.1% 8.1% Property tax rate Salt Lake City, UT — Property tax rate: 0.59% 0.59% Minneapolis, MN — Property tax rate: 1.10% 1.10% Violent crime /100k Salt Lake City, UT — Violent crime /100k: 260 260 Minneapolis, MN — Violent crime /100k: 280 280 Electricity ¢/kWh Salt Lake City, UT — Electricity ¢/kWh: 13.3 13.3 Minneapolis, MN — Electricity ¢/kWh: 16.4 16.4 Avg commute (min) Salt Lake City, UT — Avg commute (min): 23 23 Minneapolis, MN — Avg commute (min): 25 25 Avg summer high °F Salt Lake City, UT — Avg summer high °F: 92° 92° Minneapolis, MN — Avg summer high °F: 83° 83° Avg winter low °F Salt Lake City, UT — Avg winter low °F: 24° 24° Minneapolis, MN — Avg winter low °F: 4°

To keep the same standard of living as $100,000 in Salt Lake City, UT, you'd need about $107,367 in Minneapolis, MN (+$7,367).

Livability — Salt Lake City, UT: 64 · Minneapolis, MN: 54 (0–100).

What your home budget buys

A $500,000 home budget gets you about 1,846 sqft in Salt Lake City vs 2,285 sqft in Minneapolis ($271 vs $219 per sqft).

Annual cost breakdown (at $100,000)

CategorySalt Lake City, UTMinneapolis, MNDifference
Housing $19,692 $20,652 +$960
Groceries $4,736 $5,227 +$491
Transportation $3,450 $3,375 −$75
Utilities $1,440 $1,776 +$336
Insurance $1,200 $2,200 +$1,000
Taxes $9,729 $16,345 +$6,617
Total $40,246 $49,575 +$9,329

Side by side

MetricSalt Lake City, UTMinneapolis, MN
Cost-of-living index97.1104.3
Unemployment rate3.61%3.90%
Population growth (5-yr)7.2%4.3%
Air quality (median AQI)5647
Big Mac price (est.)$5.53$5.93
Median home price$568,656$393,774
Home price ÷ income6.3×4.2×
1-yr home appreciation1.3%2.1%
Price per square foot$271$219
Median rent$1,641$1,721
Total tax burden (% income)12.1%12.1%
Combined sales tax7.19%8.10%
Capital gains tax4.65%9.85%
Property tax rate0.59%1.10%
Healthcare (annual)$6,000$6,800
Childcare (annual, infant)$10,000$16,000
Vehicle property taxNone1.58%
Avg commute (min)2325
Home insurance / yr$1,200$2,200
Auto insurance / yr$1,500$1,600
Flood insurance / yr$500$600
Earthquake insurance / yr$450$100
Electricity ¢/kWh13.316.4
Gas $/gal3.603.15
Violent crime /100k260280
Avg summer high °F9283
Avg winter low °F244
Permit difficulty (1–5)23

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