Cost of Living in Minneapolis, United States
United States · North America
$2,700
Monthly Cost
avg/person
74
Cost Index
NYC=100
70
Rent Index
NYC=100
72
Quality of Life
Good
50
Safety Index
Moderate
0.4M
Population
USD
Quality Indices
Currency
Data collected from contributors and public sources.
Updated Monthly
Prices are indicative.
| Item | Price (USD) |
|---|---|
| Meal (inexpensive) | $15 |
| Meal for 2 (mid-range) | $65 |
| McMeal at McDonald's | $10 |
| Domestic Beer (0.5L) | $6 |
| Imported Beer (0.33L) | $7 |
| Cappuccino | $5 |
| Coke/Pepsi (0.33L) | $3 |
| Water (0.33L) | $2 |
| Item | Price (USD) |
|---|---|
| Milk (1L) | $1.1 |
| Bread (500g) | $3 |
| Rice (1kg) | $2 |
| Eggs (12) | $4 |
| Chicken (1kg) | $10 |
| Beef (1kg) | $14 |
| Apples (1kg) | $4 |
| Banana (1kg) | $1.6 |
| Tomato (1kg) | $4 |
| Potato (1kg) | $2.2 |
| Onion (1kg) | $1.8 |
| Water (1.5L) | $1.8 |
| Item | Price (USD) |
|---|---|
| 1-way Ticket (local) | $2 |
| Monthly Pass | $90 |
| Taxi 1km | $2.2 |
| Gasoline (1L) | $1 |
| Volkswagen Golf | $30000 |
| Toyota Corolla | $24000 |
| Item | Price (USD) |
|---|---|
| Basic (85m² apt) | $130 |
| Mobile Plan | $60 |
| Internet (60 Mbps) | $58 |
| Fitness Club/month | $68 |
| Item | Price (USD) |
|---|---|
| 1BR Center | $1,500/mo |
| 1BR Outside | $1,000/mo |
| 3BR Center | $2,800/mo |
| 3BR Outside | $1,800/mo |
| Price/m² Center | $5,000/m² |
| Price/m² Outside | $3,200/m² |
| Item | Price (USD) |
|---|---|
| Average Net Salary | $4800 |
| Mortgage Interest Rate | 6.8% |
View Cost of Living in United States
Cost of Living in Minneapolis — Complete Guide (2026)
Monthly Budget Overview
The average cost of living in Minneapolis, United States is approximately $2,700 per month for a single person. This includes rent, groceries, local transport, and utilities. Compared to New York City (index 100), Minneapolis has a cost index of 74, making it around 26% more affordable.
Rent and Housing
Renting a one-bedroom apartment outside the city center in Minneapolis costs around $1,000/month, while a one-bedroom in the center is approximately $1,500/month. A three-bedroom apartment in the center averages $2,800/month. The rent index is 70 compared to New York City.
Quality of Life and Safety
Minneapolis scores 72/100 on the quality of life index and 50/100 on safety. Healthcare is rated 76/100. The climate index is 38/100. These scores are based on factors including infrastructure, pollution levels, healthcare access, and crime rates reported by residents and contributors.
Salaries and Purchasing Power
The average net salary in Minneapolis is approximately $4,800/month. With a purchasing power index of 86/100, residents can cover basic expenses and save modestly. The local currency is USD, though all prices on this page are displayed in USD for easy international comparison.
Cost of Living vs Salary in Minneapolis
The average monthly salary in Minneapolis is approximately $4,800. Compared with the average monthly living cost of $2,700, residents generally enjoy a purchasing power score of 86/100.
Healthcare Costs in Minneapolis
Healthcare quality in Minneapolis is rated 76/100. Medical expenses vary depending on insurance coverage and healthcare providers, but overall healthcare access remains an important factor when evaluating the total cost of living.
Quality of Life in Minneapolis
Minneapolis has a quality of life score of 72/100, supported by factors such as healthcare, safety, climate, purchasing power, infrastructure, and public services.
Cost of Living for Students in Minneapolis
Students living in Minneapolis should budget for accommodation, food, transportation, internet, and study-related expenses. Shared housing and student discounts can significantly reduce monthly costs.
Cost of Living for Expats in Minneapolis
Expats moving to Minneapolis often consider rent, healthcare, transportation, taxation, and lifestyle costs. Worldlivingcost data helps compare living expenses with other cities worldwide before relocation.
Quick Answer
The average cost of living in Minneapolis, United States is approximately $2,700 per month for a single person including rent, groceries, transportation, utilities and healthcare. The city's cost index is 74 compared with New York City (100).
Living in Minneapolis
Living in Minneapolis offers a balance between housing costs, transportation expenses, healthcare access and overall quality of life. The city has a cost of living index of 74 and a quality of life score of 72/100. Residents spend most of their monthly budget on housing, groceries and transportation, while local salaries average $4,800 per month. For expats, students, remote workers and families, Minneapolis provides a useful benchmark when comparing living costs with other cities in United States and around the world.
Key Facts About Minneapolis
- Average Monthly Cost: $2,700
- Cost Index: 74
- Rent Index: 70
- Average Salary: $4,800
- Quality of Life: 72/100
- Safety Score: 50/100
- Country: United States
- Currency: USD
Is Minneapolis Expensive?
Minneapolis has a cost index of 74 compared with New York City's benchmark score of 100. This means it is more affordable than many major international cities.
How does Minneapolis compare to other cities?
Minneapolis is located in North America with a population of approximately 0.4M. At a cost index of 74 (NYC = 100), it is a moderately affordable city, offering good value compared to most Western cities. Use the free comparison tool to see how Minneapolis stacks up against any other city worldwide across rent, groceries, transport, and salaries.
Frequently Asked Questions
What is the cost of living in Minneapolis?
The average cost of living in Minneapolis, United States is approximately $2,700 per month for a single person, including rent, food, transportation, and utilities. The cost index is 74 relative to New York City (NYC = 100).
How much does rent cost in Minneapolis?
Rent in Minneapolis varies by neighborhood and apartment size. The rent index is 70 (NYC=100). Use Worldlivingcost's city comparison tool to see detailed rent prices for Minneapolis alongside other cities worldwide.
Is Minneapolis expensive to live in?
Minneapolis has a cost index of 74 compared to New York City (100). At 74, Minneapolis is moderately priced and more affordable than most Western cities. The average monthly budget for a single person is around $2,700.
What is the quality of life in Minneapolis?
Minneapolis has a quality of life index of 72/100 and a safety index of 50/100. The city is located in North America and offers a good quality of life rating based on factors including safety, healthcare, climate, and infrastructure.
How does the cost of living in Minneapolis compare to other cities?
Use Worldlivingcost's free comparison tool to compare Minneapolis with any city worldwide. Minneapolis's cost index is 74 (NYC=100), making it cheaper than New York. Compare rent, groceries, transport, healthcare, and salaries side by side.
Can you live comfortably in Minneapolis?
Many residents live comfortably in Minneapolis with a monthly budget of around $2,700 depending on lifestyle and housing choices.
Is Minneapolis good for expats?
Minneapolis is popular among expats due to its job opportunities, quality of life, and infrastructure.
What salary is needed in Minneapolis?
A salary above the average monthly living cost of $2,700 is generally sufficient for a comfortable lifestyle in Minneapolis.
Is Minneapolis cheaper than New York?
Yes, Minneapolis has a cost index of 74 compared with New York City's benchmark index of 100.
What are the biggest expenses in Minneapolis?
Housing, rent, groceries, transportation, and healthcare are typically the largest monthly expenses in Minneapolis.
Best Time & Tips to Save Money in Minneapolis
Cheapest Ways to Live in Minneapolis
Newcomers looking to reduce their monthly budget in Minneapolis typically save the most on housing by choosing accommodation outside the city center, where rent runs close to $1,000/month compared to $1,500/month in the center. Cooking at home instead of dining out, using public transport instead of taxis, and sharing an apartment with roommates are the most effective ways to cut living expenses in Minneapolis, United States.
Is Minneapolis Worth Moving To?
With a purchasing power index of 86/100 and a quality of life score of 72/100, Minneapolis is considered a highly desirable relocation destination with strong infrastructure and services. Combined with a cost index of 74 relative to New York City, Minneapolis remains a popular search term among people comparing the cost of living United States has to offer against other destinations in North America.
Minneapolis Cost of Living FAQ Summary
People searching for "cost of living in Minneapolis", "Minneapolis monthly expenses 2026", and "is Minneapolis affordable" can use this page as a complete reference. With an average monthly cost of $2,700, a safety score of 50/100, and healthcare rated 76/100, Minneapolis offers a data-backed answer for expats, digital nomads, students, and families planning a move to United States.
Popular City Cost Comparisons
Minneapolis vs Berlin
Cost of living comparison
Minneapolis vs Dubai
Cost of living comparison
Minneapolis vs Hong Kong
Cost of living comparison
Minneapolis vs New York
Cost of living comparison
Cost of Living in United States
Country living costs
Compare CitiesCity RankingsCountry RankingsMethodologyAbout UsCalculatorLast reviewed: 7/15/2026