Cost of Living in Minneapolis, MN
Overall index: 102 (100 = US national average). Data source: US Census ACS 2023 & BLS OEWS 2025, 2025.
Overall Cost of Living Index
Cost Breakdown by Category
| Category | Index | vs US avg | Sample cost |
|---|---|---|---|
| Housing | 99 | -1% | $930 |
| Transportation | 104 | +4% | $3.50 |
| Food | 107 | +7% | $439 |
| Utilities | 100 | +0% | $178 |
| Healthcare | 100 | +0% | $129 |
Index 100 = US national average. Higher = more expensive.
Cost breakdown (visual)
Salary Calculator: What do you need to earn in Minneapolis?
A single adult living comfortably in Minneapolis, MN needs approximately $35,700 / year after taxes.
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Frequently Asked Questions
What is the cost of living in Minneapolis, MN?
The overall cost of living in Minneapolis, MN is 2% higher than the US national average (index: 102 where 100 = national average).
How much is rent in Minneapolis, MN?
Average rent for a 1-bedroom apartment in Minneapolis, MN is about $930/month.
Is Minneapolis, MN expensive to live in?
Costs in Minneapolis, MN are roughly in line with the national average.
What salary do I need to live in Minneapolis, MN?
A single adult needs roughly $35,700/year to cover basic living costs in Minneapolis, MN.