City comparison
Cost indices by category, with the US city average (100) marked.
Index: 100 = US city average. Lower is more affordable.
Side-by-side costs, salaries, and sub-category indices.
| Metric | Austin | Minneapolis | Difference |
|---|---|---|---|
| Median rent | $1,549/mo | $1,267/mo | 22.3% higher in A |
| Median home value | $461,500 | $328,700 | 40.4% higher in A |
| Median household income | $86,556 | $76,332 | 13.4% higher in A |
| Groceries index | 95.2 | 103.1 | 7.6% lower in A |
| Utilities index | 85.9 | 99.9 | 14.0% lower in A |
| Transportation index | 97.5 | 104.2 | 6.4% lower in A |
| Healthcare index | 95.8 | 102.8 | 6.8% lower in A |
How much you'd need to earn in the other city to keep the same standard of living.
If you earn $100,000 in Austin, you'd need $99,433 in Minneapolis to maintain your standard of living.
Climate, safety, and demographics side by side.
Minneapolis, MN is about 0.6% cheaper overall than Austin, TX, based on our cost-of-living index. Housing costs are roughly 10% lower in Minneapolis than in Austin. If you earn $80,000 in Austin, you'd need about $79,546 in Minneapolis to keep the same standard of living.