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Austin vs Minneapolis

Cost-of-living comparison and salary equivalence. Enter your current salary to see what you'd need to earn to live equally well.

$/ year

To keep the same standard of living in Minneapolis, MN, you'd need

$73,053 / year

Minneapolis, MN is 3% cheaper overall

Category breakdown (Minneapolis, MN vs Austin, TX)

  • Housing-8%
  • Food & groceries+2%
  • Transport0%
  • Utilities-6%
  • Healthcare+6%
  • Goods & services0%

Full comparison

Austin, TXMinneapolis, MN
Cost of living
Overall cost index108105
Housing120110
Food100102
Transport104104
Utilities10296
Healthcare100106
Goods & services104104
Housing
Rent, 1-bed centre$1,650/mo$1,450/mo
Rent, 1-bed outside$1,300/mo$1,150/mo
Rent, 3-bed centre$3,000/mo$2,600/mo
Buy price / m² centre$5,000$3,800
Money & purchasing power
$1,000 goes as far as$927$952
Inexpensive meal$17$18
Monthly transit pass$42$96
Taxes
Income tax (top rate)37%37%
VAT / sales tax0%0%
Social security (employee)7.7%7.7%
Corporate tax21%21%
Capital gains20%20%
Economy & salaries
Avg net salary$4,300/mo$4,300/mo
Minimum wage$1,257/mo$1,257/mo
GDP per capita$82,000$82,000
Work & digital nomad
Digital-nomad visaNoNo
English proficiencyNativeNative
Coworking spaces6040
Time zoneUTC-6UTC-6
Quality of life
Safety index5855
Healthcare index7682
Pollution index4035
Internet speed200 Mbps200 Mbps
Walkability4270
Public transport4058
Family-friendly6570
Tap waterSafe to drinkSafe to drink
Health insurance$450/mo$450/mo
Life expectancy79 yr79 yr
LGBTQ+ acceptanceHighHigh
Climate
January avg+11 °C-8 °C
July avg+30 °C+23 °C
Sunny days / year228198
Rainfall / year870 mm800 mm
Connectivity
Flight to nearest hub1.5 h1.5 h

Taxes & Economy & salaries: United States vs United States. Estimates use approximate cost-of-living indices (US average = 100) and are for general guidance only.

? Frequently asked questions

Is Austin cheaper than Minneapolis?

Minneapolis is about 3% cheaper than Austin overall — its cost-of-living index is 105 versus 108 for Austin.

How much do you need to earn in Minneapolis to live like in Austin?

To keep the same standard of living, a $75,000 salary in Austin is worth about $73,053 in Minneapolis. Enter your own figure in the calculator above.

Which has lower taxes, Austin or Minneapolis?

Both cities are in the same country, so national income tax (37%) and VAT are identical; only local cost of living differs.

More comparisons from Austin

Estimates use approximate cost-of-living indices (US average = 100) and are for general guidance only.