#11 of 66 for you
Minneapolis, MN
Strong wages, good bones, and a January that averages 9°F at night.
Left over monthly
$2,764
Versus Chicago
+$384/mo
+$4,608 a year
Local pay for your job
$99,438
Local wages run 6% vs national
Where the money goes
One earner filing as a household, at 1 bedrooms.
- Taxes$2,200
- Rent$1,369
- Other living costs$1,954
- Left over$2,764
Pay and tax, per year
- Gross household pay
- $99,438
- Federal income tax
- −$13,490
- Social Security and Medicare
- −$7,607
- State income tax (MN)
- −$5,298
- Take-home pay
- $73,042
- Effective tax rate
- 26.5%
Living costs, per month
- Rent, 1br
- $1,369
- Groceries
- $400
- Getting around
- $504
- Healthcare
- $450
- Utilities and internet
- $250
- Everything else
- $350
- Total spending
- $3,323
Left over each month
$8,287 gross, minus $2,200 in tax and $3,323 in living costs.
$2,764
What living here is like
- Weather
- 198 sunny days, 84°F in July, 9°F January nights
- Getting around
- Plan on a car per adult
- Average commute
- 26 minutes each way
- Size
- 3.7M people
- Buying instead
- Median home $354,400 — roughly $2,445/mo with 20% down, tax and upkeep
- Taxes
- Minnesota income tax. Sales tax 8.1%, property tax 1.11%.
How it scores against what you said matters
- Money left over
- 72
- Sun and mild weather
- 45
- Access to the outdoors
- 78
- City life and culture
- 78
- A short commute
- 60
Chicago vs Minneapolis, line by line
Same job, same household, both tax codes applied.
Open the comparison →Also worth a look
- Seattle, WA$3,406/mo
No state income tax and high wages, offset by home prices and 150 sunny days.
- Austin, TX$3,176/mo
No income tax, but property taxes are among the steepest anywhere.
- Houston, TX$3,159/mo
The cheapest housing of any top-10 metro, paid for in property tax and humidity.
- Dallas, TX$3,044/mo
No income tax, endless new construction, and a 1.5% property tax bill.