Cost of living in Minneapolis

In Minneapolis, United States, a single person typically needs around $2256 per month including rent. A family of four may spend about $5584 monthly.

How expensive is Minneapolis compared to other cities?

Compared to the European benchmark, Minneapolis is 58% more expensive overall.

How does Minneapolis compare to your city?

Minneapolis is 34% cheaper than New York City, without rent.

Rent in Minneapolis is, on average, 50% lower than in New York City.

What drives the cost of living in Minneapolis?

Who is Minneapolis a good fit for?

Minneapolis tends to fit higher-income residents who can comfortably absorb housing costs. It can be challenging on a moderate budget, mainly due to rent and utilities.

FAQ

Why is Minneapolis so expensive?

The primary driver of expenses in Minneapolis is rent and utilities, which significantly impact overall living costs.

Is food expensive in Minneapolis?

Food costs in Minneapolis are 42% higher than the European benchmark, making dining out and grocery shopping more costly.

Is public transport affordable in Minneapolis?

Public transport fares are 65% higher than the European benchmark, which may affect daily commuting expenses.

Cost of living breakdown

Cost of Living, one person, including rent
2256 $
Without Rent
945 $
Rent & Utilities
1311 $
Food
676 $
Transport
123 $
Monthly Salary, after tax
4424 $
GDP per Capita
81,695 $
Freedom Index
8.39
Lifespan
77 years
Speak English
96%
Population
430.0K

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Update Prices

Restaurants

Lunch menu, inexpensive restaurant 20.1 $
Dinner 80.8 $
Fast food, McDonalds or KFC 11 $
Beer, 0.5 L or 16 fl oz 6.96 $
Capuccino 6 $
Coke, 330ml 3 $

Compare Minneapolis with:

Markets

Milk, 1 L or 1 qt 0.98 $
Bread, 0.5 kg or 1 lb 4.01 $
Rice, 1 kg or 2 lb 5.19 $
Eggs, 12 pack 3.52 $
Cheese, 1 kg or 2 lb 11.9 $
Chicken Breast, 1 kg or 2 lb 15.7 $
Round Steak, 1 kg or 2 lb 17.4 $
Apples, 1 kg or 2 lb 5.74 $
Banana, 1 kg or 2 lb 2.08 $
Oranges, 1 kg or 2 lb 5.14 $
Tomato, 1 kg or 2 lb 4.61 $
Potato, 1 kg or 2.2 lb 2.96 $
Onion, 1 kg or 2.2 lb 3.33 $
Water, 1 L or 1 qt 1.38 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 2.25 $
Wine, 750 mL bottle 13.9 $
Beer, 0.5 L or 16 fl oz 2.01 $
Cigarette pack 10.9 $

Transportation

One-way Ticket 2.48 $
Monthly Pass 90 $
Gas or Petrol, 1l or 0.26 gal 0.9 $
Taxi, 8 km 18.2 $

Personal Care

Doctor Visit, private clinic 105 $
Cold medicine, for 1 week 8.25 $
Hair Shampoo, 400 ml or 12 oz. 5.17 $
Toilet paper, 4 rolls 3.44 $
Toothpaste, 1 tube 1.92 $

Utilities per Month

1 person, electricity, heating, water & garbage 102 $
Family of 4, electricity, heating, water & garbage 157 $
Internet plan, +60 Mbps 67.6 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 1,061 $
3 Bedroom Apartment, outside of center, 85 sq.m 2,009 $
1 Bedroom Apartment, in city center, 40 sq.m 1,461 $
3 Bedroom Apartment, in city center, 85 sq.m 2,697 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 3,075 $
Price per Square Meter to Buy House, in suburbs 2,486 $

Salaries and Financing

Average Monthly Net Salary, after tax 4,424 $
Mortgage Interest Rate, for 20 years fixed-rate 6.50%

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 33.9 $
Cinema, 1 seat 13.9 $
Haircut 15.9 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 83.9 $
Brand Jeans, Levis 501 59.7 $

Childcare

Preschool, full day, monthly for 1 child 1,565 $
International Primary School, yearly for 1 child 27,084 $

Compare Minneapolis with other top cities

Cayman Islands
Minneapolis vs George Town (George Town is 62% more expensive)
Bahamas
Minneapolis vs Nassau (Nassau is 22% more expensive) Minneapolis vs Freeport (Freeport is 3% less expensive)
Vanuatu
Minneapolis vs Port Vila (Port Vila is 4% more expensive) Minneapolis vs Luganville (Luganville is 35% more expensive)
United States
Minneapolis vs New York City (New York City is 80% more expensive) Minneapolis vs Los Angeles (Los Angeles is 41% more expensive) Minneapolis vs Chicago (Chicago is 18% more expensive) Minneapolis vs Houston (Houston is 0% less expensive) Minneapolis vs Phoenix (Phoenix is 5% more expensive) Minneapolis vs Philadelphia (Philadelphia is 13% more expensive) Minneapolis vs San Antonio (San Antonio is 3% less expensive) Minneapolis vs San Diego (San Diego is 48% more expensive) Minneapolis vs Dallas (Dallas is 13% more expensive) Minneapolis vs San Jose (San Jose is 63% more expensive)
Canada
Minneapolis vs Toronto (Toronto is 14% more expensive) Minneapolis vs Montreal (Montreal is 13% less expensive) Minneapolis vs Calgary (Calgary is 5% less expensive) Minneapolis vs Ottawa (Ottawa is 1% less expensive) Minneapolis vs Edmonton (Edmonton is 21% less expensive) Minneapolis vs Winnipeg (Winnipeg is 22% less expensive) Minneapolis vs Mississauga (Mississauga is 10% more expensive) Minneapolis vs Vancouver (Vancouver is 17% more expensive) Minneapolis vs Brampton (Brampton is 6% less expensive) Minneapolis vs Hamilton (Hamilton is 5% less expensive)
Barbados
Minneapolis vs Bridgetown (Bridgetown is 40% less expensive) Minneapolis vs Holetown (Holetown is 38% less expensive)
Panama
Minneapolis vs Panama City (Panama City is 39% less expensive) Minneapolis vs Colon (Colon is 48% less expensive) Minneapolis vs Tocumen (Tocumen is 45% less expensive) Minneapolis vs Santiago de Veraguas (Santiago de Veraguas is 53% less expensive) Minneapolis vs David (David is 63% less expensive) Minneapolis vs La Chorrera (La Chorrera is 58% less expensive) Minneapolis vs Balboa (Balboa is 45% less expensive) Minneapolis vs Pacora (Pacora is 45% less expensive) Minneapolis vs Chitre (Chitre is 52% less expensive) Minneapolis vs Penonome (Penonome is 51% less expensive)
Saint Kitts And Nevis
Minneapolis vs Basseterre (Basseterre is 45% less expensive) Minneapolis vs Cayon (Cayon is 45% less expensive)
Cuba
Minneapolis vs Havana (Havana is 55% less expensive) Minneapolis vs Santiago de Cuba (Santiago de Cuba is 37% less expensive) Minneapolis vs Holguin (Holguin is 43% less expensive) Minneapolis vs Camaguey (Camaguey is 32% less expensive) Minneapolis vs Santa Clara (Santa Clara is 53% less expensive) Minneapolis vs Bayamo (Bayamo is 48% less expensive) Minneapolis vs Guantanamo (Guantanamo is 31% less expensive) Minneapolis vs Las Tunas (Las Tunas is 31% less expensive) Minneapolis vs Pinar del Rio (Pinar del Rio is 51% less expensive) Minneapolis vs Cienfuegos (Cienfuegos is 61% less expensive)
Costa Rica
Minneapolis vs San Jose (San Jose is 45% less expensive) Minneapolis vs Limon (Limon is 47% less expensive) Minneapolis vs Liberia (Liberia is 60% less expensive) Minneapolis vs Alajuela (Alajuela is 45% less expensive) Minneapolis vs Puntarenas (Puntarenas is 43% less expensive) Minneapolis vs Cartago (Cartago is 57% less expensive) Minneapolis vs Heredia (Heredia is 45% less expensive) Minneapolis vs Tamarindo (Tamarindo is 25% less expensive) Minneapolis vs Santa Teresa (Santa Teresa is 42% less expensive)
Saint Lucia
Minneapolis vs Castries (Castries is 49% less expensive) Minneapolis vs Vieux Fort (Vieux Fort is 47% less expensive)
Jamaica
Minneapolis vs Kingston (Kingston is 41% less expensive) Minneapolis vs Spanish Town (Spanish Town is 65% less expensive) Minneapolis vs Montego Bay (Montego Bay is 55% less expensive) Minneapolis vs Half Way Tree (Half Way Tree is 48% less expensive) Minneapolis vs May Pen (May Pen is 64% less expensive) Minneapolis vs Mandeville (Mandeville is 57% less expensive) Minneapolis vs Old Harbour (Old Harbour is 62% less expensive) Minneapolis vs Linstead (Linstead is 54% less expensive) Minneapolis vs Savanna-la-Mar (Savanna-la-Mar is 50% less expensive) Minneapolis vs Port Antonio (Port Antonio is 49% less expensive)
El Salvador
Minneapolis vs San Salvador (San Salvador is 47% less expensive) Minneapolis vs Santa Ana (Santa Ana is 69% less expensive) Minneapolis vs Soyapango (Soyapango is 48% less expensive) Minneapolis vs San Miguel (San Miguel is 52% less expensive) Minneapolis vs Mejicanos (Mejicanos is 49% less expensive) Minneapolis vs Apopa (Apopa is 49% less expensive) Minneapolis vs Santa Tecla (Santa Tecla is 47% less expensive) Minneapolis vs Ahuachapan (Ahuachapan is 36% less expensive) Minneapolis vs Usulutan (Usulutan is 52% less expensive) Minneapolis vs Sonsonate (Sonsonate is 61% less expensive)
Antigua And Barbuda
Minneapolis vs St. John's (St. John's is 52% less expensive) Minneapolis vs All Saints (All Saints is 52% less expensive)
Grenada
Minneapolis vs St. George's (St. George's is 53% less expensive) Minneapolis vs Grenville (Grenville is 53% less expensive)
Dominica
Minneapolis vs Roseau (Roseau is 56% less expensive) Minneapolis vs Portsmouth (Portsmouth is 50% less expensive)
Saint Vincent
Minneapolis vs Kingstown (Kingstown is 57% less expensive) Minneapolis vs Georgetown (Georgetown is 55% less expensive)
Belize
Minneapolis vs Belize City (Belize City is 61% less expensive) Minneapolis vs San Ignacio (San Ignacio is 52% less expensive) Minneapolis vs Belmopan (Belmopan is 68% less expensive) Minneapolis vs San Pedro Town (San Pedro Town is 41% less expensive) Minneapolis vs Caye Caulker (Caye Caulker is 30% less expensive)
Guatemala
Minneapolis vs Guatemala City (Guatemala City is 55% less expensive) Minneapolis vs Mixco (Mixco is 72% less expensive) Minneapolis vs Coban (Coban is 60% less expensive) Minneapolis vs Quetzaltenango (Quetzaltenango is 66% less expensive) Minneapolis vs Jalapa (Jalapa is 60% less expensive) Minneapolis vs San Miguel Petapa (San Miguel Petapa is 60% less expensive) Minneapolis vs Momostenango (Momostenango is 61% less expensive) Minneapolis vs Mazatenango (Mazatenango is 61% less expensive) Minneapolis vs Flores (Flores is 62% less expensive) Minneapolis vs Panajachel (Panajachel is 65% less expensive)
Honduras
Minneapolis vs Tegucigalpa (Tegucigalpa is 63% less expensive) Minneapolis vs San Pedro Sula (San Pedro Sula is 54% less expensive) Minneapolis vs Choloma (Choloma is 73% less expensive) Minneapolis vs La Ceiba (La Ceiba is 71% less expensive) Minneapolis vs El Progreso (El Progreso is 61% less expensive) Minneapolis vs Villanueva (Villanueva is 62% less expensive) Minneapolis vs Comayagua (Comayagua is 68% less expensive) Minneapolis vs Puerto Cortes (Puerto Cortes is 68% less expensive) Minneapolis vs Yoro (Yoro is 67% less expensive) Minneapolis vs La Lima (La Lima is 61% less expensive)
Dominican Republic
Minneapolis vs Santiago de los Caballeros (Santiago de los Caballeros is 65% less expensive) Minneapolis vs Santo Domingo (Santo Domingo is 54% less expensive) Minneapolis vs Puerto Plata (Puerto Plata is 66% less expensive) Minneapolis vs Higuey (Higuey is 66% less expensive) Minneapolis vs La Vega (La Vega is 75% less expensive) Minneapolis vs San Cristobal (San Cristobal is 63% less expensive) Minneapolis vs San Pedro de Macoris (San Pedro de Macoris is 68% less expensive) Minneapolis vs San Francisco de Macoris (San Francisco de Macoris is 77% less expensive) Minneapolis vs San Juan de la Maguana (San Juan de la Maguana is 72% less expensive) Minneapolis vs Bonao (Bonao is 76% less expensive)
Nicaragua
Minneapolis vs Managua (Managua is 66% less expensive) Minneapolis vs Leon (Leon is 72% less expensive) Minneapolis vs Masaya (Masaya is 68% less expensive) Minneapolis vs Matagalpa (Matagalpa is 76% less expensive) Minneapolis vs Chinandega (Chinandega is 72% less expensive) Minneapolis vs Esteli (Esteli is 74% less expensive) Minneapolis vs Granada (Granada is 69% less expensive) Minneapolis vs Jinotega (Jinotega is 80% less expensive) Minneapolis vs Juigalpa (Juigalpa is 71% less expensive) Minneapolis vs San Juan del Sur (San Juan del Sur is 61% less expensive)