Austin, TX → Minneapolis, MN
Moving to Minneapolis costs you $412 a month
−$4,944 a year for the same registered nurse, the same household size, and the same number of bedrooms.
In 2022-2023, 206 households moved Austin → Minneapolis (avg AGI $99,796). 417 went the other way. The whole move →
| Per month | Austin | Minneapolis | Difference |
|---|---|---|---|
| Gross pay | $8,125 | $8,281 | +$156 |
| Income and payroll tax | $1,710 | $2,198 | +$488 |
| Take-home pay | $6,415 | $6,084 | −$331 |
| Rent | $1,226 | $1,369 | +$143 |
| Getting around | $566 | $504 | −$62 |
| Groceries | $400 | $400 | $0 |
| Healthcare | $450 | $450 | $0 |
| Utilities | $250 | $250 | $0 |
| Everything else | $350 | $350 | $0 |
| Left over | $3,173 | $2,761 | −$412 |
To break even in Minneapolis, you'd need to earn
$107,000
Household gross, versus $97,500 today. That's the salary that leaves you exactly as much at the end of the month as Austin does now.
The tax difference alone
−$5,294
A year, in state and local income tax. Effective rates: 21.0% in Austin, 26.5% in Minneapolis.
More about Minneapolis
Austin, TX in full
No income tax, but property taxes are among the steepest anywhere.
Minneapolis, MN in full
Strong wages, good bones, and a January that averages 9°F at night.
The reverse move
Same two cities, but starting from Minneapolis on Minneapolis wages.
Minneapolis → Austin →Rent is Zillow's asking rent for each metro; taxes and living costs are modelled. An estimate, not a quote or tax advice. How this is calculated.