Cost of Living Comparison Between Minneapolis, MN and Austin, TX 

Indices DifferenceInfo
Consumer Prices in Austin, TX are 5.0% lower than in Minneapolis, MN (without rent)
Consumer Prices Including Rent in Austin, TX are 13.4% higher than in Minneapolis, MN
Rent Prices in Austin, TX are 53.5% higher than in Minneapolis, MN
Restaurant Prices in Austin, TX are 0.2% higher than in Minneapolis, MN
Groceries Prices in Austin, TX are 12.1% lower than in Minneapolis, MN
Local Purchasing Power in Austin, TX is 9.6% higher than in Minneapolis, MN
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Minneapolis, MN Edit Austin, TX Edit Difference
Meal, Inexpensive Restaurant 20.00 $ 19.00 $      -5.0 %
Meal for 2 People, Mid-range Restaurant, Three-course 77.50 $ 84.00 $      +8.4 %
McMeal at McDonalds (or Equivalent Combo Meal) 10.00 $ 10.00 $      0.0 %
Domestic Beer (1 pint draught) 7.00 $ 6.00 $      -14.3 %
Imported Beer (12 oz small bottle) 7.00 $ 8.00 $      +14.3 %
Cappuccino (regular) 5.68 $ 5.34 $      -5.9 %
Coke/Pepsi (12 oz small bottle) 2.87 $ 2.73 $      -4.9 %
Water (12 oz small bottle) 2.13 $ 2.21 $      +3.5 %
Markets
Minneapolis, MN Edit Austin, TX Edit
Milk (regular), (1 gallon) 3.70 $ 3.95 $      +6.8 %
Loaf of Fresh White Bread (1 lb) 3.65 $ 3.22 $      -11.8 %
Rice (white), (1 lb) 2.24 $ 1.40 $      -37.4 %
Eggs (regular) (12) 3.62 $ 3.41 $      -6.0 %
Local Cheese (1 lb) 5.33 $ 6.18 $      +15.8 %
Chicken Fillets (1 lb) 6.40 $ 5.30 $      -17.3 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 7.58 $ 6.69 $      -11.7 %
Apples (1 lb) 2.70 $ 2.59 $      -3.8 %
Banana (1 lb) 0.91 $ 0.71 $      -22.0 %
Oranges (1 lb) 2.17 $ 2.04 $      -6.0 %
Tomato (1 lb) 2.88 $ 1.67 $      -42.1 %
Potato (1 lb) 1.43 $ 1.26 $      -12.0 %
Onion (1 lb) 1.65 $ 1.24 $      -24.5 %
Lettuce (1 head) 2.28 $ 1.94 $      -14.9 %
Water (1.5 liter bottle) 1.91 $ 2.00 $      +4.7 %
Bottle of Wine (Mid-Range) 15.00 $ 15.00 $      0.0 %
Domestic Beer (0.5 liter bottle) 2.13 $ 2.07 $      -2.9 %
Imported Beer (12 oz small bottle) 3.91 $ 3.68 $      -5.9 %
Cigarettes 20 Pack (Marlboro) 10.00 $ 8.00 $      -20.0 %
Transportation
Minneapolis, MN Edit Austin, TX Edit
One-way Ticket (Local Transport) 2.50 $ 1.75 $      -30.0 %
Monthly Pass (Regular Price) 90.00 $ 45.00 $      -50.0 %
Taxi Start (Normal Tariff) 5.00 $ 3.25 $      -35.0 %
Taxi 1 mile (Normal Tariff) 1.75 $ 2.75 $      +57.1 %
Taxi 1hour Waiting (Normal Tariff) 37.00 $ 35.00 $      -5.4 %
Gasoline (1 gallon) 3.45 $ 3.07 $      -10.9 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 32,946.00 $ 35,639.19 $      +8.2 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 25,926.47 $ 26,102.62 $      +0.7 %
Utilities (Monthly)
Minneapolis, MN Edit Austin, TX Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 168.36 $ 178.53 $      +6.0 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 51.08 $ 61.20 $      +19.8 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 65.32 $ 66.20 $      +1.4 %
Sports And Leisure
Minneapolis, MN Edit Austin, TX Edit
Fitness Club, Monthly Fee for 1 Adult 30.00 $ 57.67 $      +92.2 %
Tennis Court Rent (1 Hour on Weekend) 26.67 $ 17.50 $      -34.4 %
Cinema, International Release, 1 Seat 14.50 $ 14.50 $      0.0 %
Childcare
Minneapolis, MN Edit Austin, TX Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,450.00 $ 1,476.11 $      +1.8 %
International Primary School, Yearly for 1 Child 24,406.67 $ 21,625.00 $      -11.4 %
Clothing And Shoes
Minneapolis, MN Edit Austin, TX Edit
1 Pair of Jeans (Levis 501 Or Similar) 60.58 $ 62.78 $      +3.6 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 45.00 $ 56.76 $      +26.1 %
1 Pair of Nike Running Shoes (Mid-Range) 91.00 $ 98.96 $      +8.7 %
1 Pair of Men Leather Business Shoes 121.25 $ 135.83 $      +12.0 %
Rent Per Month
Minneapolis, MN Edit Austin, TX Edit
Apartment (1 bedroom) in City Centre 1,629.62 $ 2,310.00 $      +41.8 %
Apartment (1 bedroom) Outside of Centre 1,197.69 $ 1,558.62 $      +30.1 %
Apartment (3 bedrooms) in City Centre 2,657.73 $ 4,711.78 $      +77.3 %
Apartment (3 bedrooms) Outside of Centre 1,858.89 $ 2,692.00 $      +44.8 %
Buy Apartment Price
Minneapolis, MN Edit Austin, TX Edit
Price per Square Feet to Buy Apartment in City Centre 304.09 $ 531.80 $      +74.9 %
Price per Square Feet to Buy Apartment Outside of Centre 233.75 $ 260.44 $      +11.4 %
Salaries And Financing
Minneapolis, MN Edit Austin, TX Edit
Average Monthly Net Salary (After Tax) 4,486.35 $ 5,576.92 $      +24.3 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.54 6.73      +2.9 %
Last update: April 2024May 2024
Contributors in the past 12 months:98174