Minneapolis, MN
Hand-reviewed metroCost of living in Minneapolis: $2,767 leftover
Cost of living in Minneapolis, as leftover, is $2,767 a month for one adult, renting a 1-bedroom on local pay — take-home after tax minus rent of $1,366 and the rest of the modelled month. A price index would say non-housing costs sit near the US average (index 1.00). Minnesota taxes wage income on a bracket schedule. Minneapolis is a hand-reviewed metro.
These figures start from one adult in a one-bedroom, on local pay of about $98,500. Change the job, the pay, or how many bedrooms you need, and leftover changes. This is a monthly budget, not a cost-of-living index.
The month, in dollars
Take-home is $6,087 after tax. These lines are the modelled bills, then what is left. The monthly costs page is the same household inside the city hub.
| Rent | $1,366 |
|---|---|
| Groceries | $400 |
| Transport | $504 |
| Healthcare | $450 |
| Utilities | $250 |
| Childcare | $0 |
| Everything else | $350 |
| Total costs | $3,320 |
| Leftover | $2,767 |
Sales tax is about 8.1%. Property tax is modelled at 1.11% of a $354,400 median home. Non-housing lines scale a national baseline by this metro's cost index (1.00).
Asking rent by bedroom
Turnover asking rent in Minneapolis, not the Census median of occupied stock. Rent versus buying.
Studio
$1,171
1 bedroom
$1,366
2 bedrooms
$1,626
3 bedrooms
$2,130
4 bedrooms
$2,520
Leftover in other metros nearby
Same household. Each leftover is take-home after that metro's tax minus its rent.
- Cost of living in Duluth$2,500 leftover
Minneapolis vs Duluth · $1,049 rent
- Cost of living in Rochester$3,020 leftover
Minneapolis vs Rochester · $1,330 rent
- $2,600 leftover
- Cost of living in Mankato$2,345 leftover
Minneapolis vs Mankato · $934 rent
Leftover is take-home after federal, state and city wage tax, minus asking rent at the bedroom count you set, minus a modelled month of groceries, utilities, healthcare, transport and childcare. It is not a cost-of-living index and not a moving quote. Change the job, remote versus local pay, or bedrooms and the ranking is a different city. How the math works · Leftover vs a COL index · Why a cheaper COL% can still lose leftover.
Cost of living in Minneapolis
What is the cost of living in Minneapolis?
On the default one-adult, one-bedroom household, leftover in Minneapolis, MN is about $2,767 a month after tax and rent. Asking rent is about $1,366 for a one-bedroom and $1,626 for a two-bedroom. That is a budget, not a cost-of-living index.
How does Minneapolis compare with a cost-of-living index?
A price index would say non-housing costs sit near the US average (index 1.00). Leftover still depends on your tax bill and bedroom count, which an index does not. Minneapolis is a hand-reviewed metro.
Where is take-home pay in Minneapolis calculated?
The take-home page for Minneapolis splits federal, payroll, state and local wage tax, then subtracts rent. The city paycheck page is the same leftover math with the map.
Popular compares from Minneapolis
- Minneapolis vs Austin · $412 more
- Minneapolis vs Dallas · $281 more
- Minneapolis vs Denver · $113 less
- Minneapolis vs Raleigh · $16 less
- Minneapolis vs San Francisco · $407 less
- Minneapolis vs New York · $1,520 less
Moving from Minneapolis
- Minneapolis → Phoenix · $191 less
- Minneapolis → Austin · $412 more
- Minneapolis → Dallas · $281 more
- Minneapolis → Denver · $113 less
- Minneapolis → Raleigh · $16 less
- Minneapolis → San Francisco · $407 less
- Minneapolis → New York · $1,520 less
- Minneapolis → Reno · $470 less
- Minneapolis → Los Angeles · $1,064 less
- Minneapolis → Chicago · $342 less
- Minneapolis → Houston · $402 more
- Minneapolis → Washington · $143 more
- Minneapolis → Atlanta · $271 less
- Minneapolis → Philadelphia · $330 less
- Minneapolis → Miami · $1,071 less
- Minneapolis → Boston · $803 less
Other Minnesota metros
Other metros in Minnesota, with leftover, rent, and day-to-day pages.
- Duluth, MN
PaycheckHousingCostsDaily lifeKidsMove costCost of livingTake-home
- Rochester, MN
PaycheckHousingCostsDaily lifeKidsMove costCost of livingTake-home
- St. Cloud, MN
PaycheckHousingCostsDaily lifeKidsMove costCost of livingTake-home
- Mankato, MN
PaycheckHousingCostsDaily lifeKidsMove costCost of livingTake-home