Cost of living in Minneapolis, MN Livability score 54 · cost-of-living index 104.3 (US = 100)
How Minneapolis compares Where Minneapolis falls within the range of all 200 metros (marker = this city).
Cost-of-living index (US=100) 85 118 Cost-of-living index (US=100): 104 — range 85 to 118 across all metros 104 Median home price $149k $1610k Median home price: $394k — range $149k to $1610k across all metros $394k Price per sqft (more house = lower) $88 $1074 Price per sqft (more house = lower): $219 — range $88 to $1074 across all metros $219 Combined sales tax 0.0% 11.5% Combined sales tax: 8.1% — range 0.0% to 11.5% across all metros 8.1% Property tax rate 0.28% 2.76% Property tax rate: 1.10% — range 0.28% to 2.76% across all metros 1.10% Violent crime (per 100k) 110 1,000 Violent crime (per 100k): 280 — range 110 to 1,000 across all metros 280 Electricity (¢/kWh) 12.3 46.6 Electricity (¢/kWh): 16.4 — range 12.3 to 46.6 across all metros 16.4 Avg summer high (°F) 65° 104° Avg summer high (°F): 83° — range 65° to 104° across all metros 83° Avg winter low (°F) -2° 72° Avg winter low (°F): 4° — range -2° to 72° across all metros 4° Map of Minneapolis Grocery stores, parks, golf courses and more — real listings. Toggle categories in the legend.
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Cost of living Metric Value US rank Cost-of-living index (US=100) 104.3 #168 of 200 Grocery index (US=100) 104.5 #171 of 200 Big Mac price (est.) $5.93 #167 of 200 Median household income $94,673 #16 of 200 Median wage (all occupations) $51,083 #10 of 200
Economy Metric Value US rank Unemployment rate 3.90% #23 of 200 Population growth (5-yr) +4.3% #91 of 200
Housing — what your money buys Metric Value US rank Median home price $393,774 #133 of 200 Home price ÷ income (affordability) 4.2× #65 of 200 1-yr home appreciation +2.1% #85 of 200 Price per square foot $219 #135 of 200 Typical home size (implied) 1,800 sqft Median rent (monthly) $1,721 #121 of 200 Homes for sale (inventory) 11,577 Median days on market 17 #98 of 200
Taxes Metric Value US rank Total tax burden (est. % of income) 12.1% #154 of 200 Combined sales tax 8.10% #114 of 200 State income tax (top rate) 9.85% Capital gains tax 9.85% #163 of 200 High earners No special surtax Effective property tax rate 1.10% #121 of 200 Median property tax paid $3,660 #143 of 200
Healthcare & childcare Metric Value US rank Healthcare (annual, single adult) $6,800 #93 of 200 Childcare (annual, infant, center) $16,000 #150 of 200
Vehicles & commute Metric Value US rank Annual registration $200 #135 of 200 Vehicle property tax (annual) 1.58% of value (~$442/yr) #161 of 200 Emissions testing Not required Emissions detail No vehicle emissions testing DMV & license offices 5 Avg commute to work 25 min #110 of 200
Utilities & fuel Metric Value US rank Electricity 16.4¢/kWh #81 of 200 Avg monthly electric bill $148 #81 of 200 Gasoline $3.15/gal #57 of 200 Natural gas (avg monthly bill) $76 #137 of 200 Water & sewer (avg monthly bill) $77 #34 of 200 Home internet (avg monthly bill) $81 #121 of 200
Insurance Metric Value US rank Home insurance (annual) $2,200 #129 of 200 Auto insurance (annual) $1,600 #51 of 200
Disaster risk & supplemental insurance Metric Value US rank Main natural hazards Notable hazards: tornadoes — separate flood/quake/windstorm policies may be needed. Flood insurance (annual, NFIP) $600 #16 of 200 Earthquake insurance (annual) $100 #1 of 200
Climate & air quality Metric Value US rank Air quality (median AQI, lower=cleaner) 42 #1 of 200 Cooling degree-days (AC load) 700 #25 of 200 Heating degree-days (heat load) 8,000 #197 of 200 Avg summer high 83°F #21 of 200 Avg winter low 4°F #198 of 200 Annual precipitation 31.6" #48 of 200 Annual snowfall 51.2" #181 of 200 Sunshine (% of possible) 58% #105 of 200 Plant hardiness zone 4b Frost window 05-20 → 09-25
Safety Metric Value US rank Violent crime (per 100k) 280 #21 of 200 Property crime (per 100k) 1,900 #63 of 200
Local amenities & recreation Metric Value US rank Grocery stores 54 #109 of 200 Parks 72 Hiking areas 9 Golf courses 18 Shooting ranges 4 Lakes 21
Permits Metric Value US rank Building permit difficulty (1–5) 3 #87 of 200 Permit detail Moderate
US rank = this metro's position among all 200 metros (1 = best: cheapest / safest / highest income, etc.). Childcare is a family cost, not included in the salary-equivalence total.
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Estimates for guidance only — not financial or legal advice. Live/official data:
cost-of-living & grocery (BEA RPP); home price, rent, inventory, days-on-market (Zillow);
income & property tax (US Census ACS); electricity (US EIA); plant-hardiness (USDA);
crime (FBI UCR); local grocery, park, hiking, golf, shooting-range, lake & DMV
counts (Google Maps listings) via our own scraper.
Taxes (Tax Foundation) and insurance, emissions, permits, climate, wages and fuel use
sourced state/metro figures.