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 | Minneapolis | Phoenix | Difference |
|---|---|---|---|
| Median rent | $1,267/mo | $1,322/mo | 4.2% lower in A |
| Median home value | $328,700 | $340,200 | 3.4% lower in A |
| Median household income | $76,332 | $72,092 | 5.9% higher in A |
| Groceries index | 103.1 | 97.7 | 5.4% higher in A |
| Utilities index | 99.9 | 102.9 | 2.9% lower in A |
| Transportation index | 104.2 | 104.2 | ≈ equal |
| Healthcare index | 102.8 | 104.0 | 1.2% 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 Minneapolis, you'd need $102,690 in Phoenix to maintain your standard of living.
Climate, safety, and demographics side by side.
Minneapolis, MN is about 2.6% cheaper overall than Phoenix, AZ, based on our cost-of-living index. Housing costs are roughly 7% lower in Minneapolis than in Phoenix. If you earn $80,000 in Minneapolis, you'd need about $82,152 in Phoenix to keep the same standard of living.