Cost of Living Comparison Between Minneapolis, MN and New York, NY 

Indices DifferenceInfo
Consumer Prices in New York, NY are 35.9% higher than in Minneapolis, MN (without rent)
Consumer Prices Including Rent in New York, NY are 78.5% higher than in Minneapolis, MN
Rent Prices in New York, NY are 171.4% higher than in Minneapolis, MN
Restaurant Prices in New York, NY are 45.3% higher than in Minneapolis, MN
Groceries Prices in New York, NY are 24.2% higher than in Minneapolis, MN
Local Purchasing Power in New York, NY is 28.3% lower than in Minneapolis, MN
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Minneapolis, MN Edit New York, NY Edit Difference
Meal, Inexpensive Restaurant 20.00 $ 30.00 $      +50.0 %
Meal for 2 People, Mid-range Restaurant, Three-course 77.50 $ 130.00 $      +67.7 %
McMeal at McDonalds (or Equivalent Combo Meal) 10.00 $ 12.00 $      +20.0 %
Domestic Beer (1 pint draught) 7.00 $ 8.00 $      +14.3 %
Imported Beer (12 oz small bottle) 7.00 $ 10.50 $      +50.0 %
Cappuccino (regular) 5.68 $ 5.60 $      -1.5 %
Coke/Pepsi (12 oz small bottle) 2.87 $ 3.08 $      +7.2 %
Water (12 oz small bottle) 2.13 $ 2.29 $      +7.5 %
Markets
Minneapolis, MN Edit New York, NY Edit
Milk (regular), (1 gallon) 3.70 $ 5.63 $      +52.3 %
Loaf of Fresh White Bread (1 lb) 3.65 $ 4.33 $      +18.8 %
Rice (white), (1 lb) 2.24 $ 3.21 $      +43.4 %
Eggs (regular) (12) 3.62 $ 5.30 $      +46.4 %
Local Cheese (1 lb) 5.33 $ 7.46 $      +39.9 %
Chicken Fillets (1 lb) 6.40 $ 6.93 $      +8.3 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 7.58 $ 8.69 $      +14.7 %
Apples (1 lb) 2.70 $ 3.17 $      +17.8 %
Banana (1 lb) 0.91 $ 0.92 $      +1.8 %
Oranges (1 lb) 2.17 $ 2.66 $      +22.4 %
Tomato (1 lb) 2.88 $ 2.86 $      -0.8 %
Potato (1 lb) 1.43 $ 1.84 $      +28.5 %
Onion (1 lb) 1.65 $ 1.69 $      +2.7 %
Lettuce (1 head) 2.28 $ 2.92 $      +28.3 %
Water (1.5 liter bottle) 1.91 $ 2.43 $      +27.4 %
Bottle of Wine (Mid-Range) 15.00 $ 20.00 $      +33.3 %
Domestic Beer (0.5 liter bottle) 2.13 $ 2.53 $      +18.5 %
Imported Beer (12 oz small bottle) 3.91 $ 3.81 $      -2.7 %
Cigarettes 20 Pack (Marlboro) 10.00 $ 17.00 $      +70.0 %
Transportation
Minneapolis, MN Edit New York, NY Edit
One-way Ticket (Local Transport) 2.50 $ 2.90 $      +16.0 %
Monthly Pass (Regular Price) 90.00 $ 132.00 $      +46.7 %
Taxi Start (Normal Tariff) 5.00 $ 5.00 $      0.0 %
Taxi 1 mile (Normal Tariff) 1.75 $ 3.50 $      +100.0 %
Taxi 1hour Waiting (Normal Tariff) 37.00 $ 34.00 $      -8.1 %
Gasoline (1 gallon) 3.45 $ 3.85 $      +11.8 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 32,946.00 $ 31,500.00 $      -4.4 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 25,926.47 $ 27,469.93 $      +6.0 %
Utilities (Monthly)
Minneapolis, MN Edit New York, NY Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 168.36 $ 183.18 $      +8.8 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 51.08 $ 66.32 $      +29.8 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 65.32 $ 70.31 $      +7.7 %
Sports And Leisure
Minneapolis, MN Edit New York, NY Edit
Fitness Club, Monthly Fee for 1 Adult 30.00 $ 132.14 $      +340.5 %
Tennis Court Rent (1 Hour on Weekend) 26.67 $ 74.17 $      +178.1 %
Cinema, International Release, 1 Seat 14.50 $ 20.00 $      +37.9 %
Childcare
Minneapolis, MN Edit New York, NY Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,450.00 $ 3,096.67 $      +113.6 %
International Primary School, Yearly for 1 Child 24,406.67 $ 58,250.00 $      +138.7 %
Clothing And Shoes
Minneapolis, MN Edit New York, NY Edit
1 Pair of Jeans (Levis 501 Or Similar) 60.58 $ 70.85 $      +17.0 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 45.00 $ 45.42 $      +0.9 %
1 Pair of Nike Running Shoes (Mid-Range) 91.00 $ 97.75 $      +7.4 %
1 Pair of Men Leather Business Shoes 121.25 $ 163.59 $      +34.9 %
Rent Per Month
Minneapolis, MN Edit New York, NY Edit
Apartment (1 bedroom) in City Centre 1,629.62 $ 4,150.51 $      +154.7 %
Apartment (1 bedroom) Outside of Centre 1,197.69 $ 2,846.86 $      +137.7 %
Apartment (3 bedrooms) in City Centre 2,657.73 $ 8,432.88 $      +217.3 %
Apartment (3 bedrooms) Outside of Centre 1,858.89 $ 4,503.08 $      +142.2 %
Buy Apartment Price
Minneapolis, MN Edit New York, NY Edit
Price per Square Feet to Buy Apartment in City Centre 304.09 $ 1,644.57 $      +440.8 %
Price per Square Feet to Buy Apartment Outside of Centre 233.75 $ 1,091.71 $      +367.0 %
Salaries And Financing
Minneapolis, MN Edit New York, NY Edit
Average Monthly Net Salary (After Tax) 4,486.35 $ 5,742.00 $      +28.0 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.54 6.68      +2.2 %
Last update: April 2024May 2024
Contributors in the past 12 months:98475