Cost of Living Comparison Between Raleigh, NC and Minneapolis, MN 

Indices DifferenceInfo
Consumer Prices in Minneapolis, MN are 4.0% lower than in Raleigh, NC (without rent)
Consumer Prices Including Rent in Minneapolis, MN are 12.3% lower than in Raleigh, NC
Rent Prices in Minneapolis, MN are 26.1% lower than in Raleigh, NC
Restaurant Prices in Minneapolis, MN are 4.5% lower than in Raleigh, NC
Groceries Prices in Minneapolis, MN are 2.2% lower than in Raleigh, NC
Local Purchasing Power in Minneapolis, MN is 19.4% higher than in Raleigh, NC
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Raleigh, NC Edit Minneapolis, MN Edit Difference
Meal, Inexpensive Restaurant 20.00 $ 20.00 $      0.0 %
Meal for 2 People, Mid-range Restaurant, Three-course 90.00 $ 80.00 $      -11.1 %
McMeal at McDonalds (or Equivalent Combo Meal) 12.00 $ 10.00 $      -16.7 %
Domestic Beer (1 pint draught) 6.25 $ 7.00 $      +12.0 %
Imported Beer (12 oz small bottle) 7.50 $ 7.00 $      -6.7 %
Cappuccino (regular) 5.42 $ 5.78 $      +6.7 %
Coke/Pepsi (12 oz small bottle) 2.85 $ 3.00 $      +5.2 %
Water (12 oz small bottle) 2.37 $ 2.23 $      -5.7 %
Markets
Raleigh, NC Edit Minneapolis, MN Edit
Milk (regular), (1 gallon) 3.65 $ 3.61 $      -1.1 %
Loaf of Fresh White Bread (1 lb) 3.79 $ 3.64 $      -3.9 %
Rice (white), (1 lb) 2.54 $ 2.27 $      -10.5 %
Eggs (regular) (12) 4.09 $ 3.62 $      -11.5 %
Local Cheese (1 lb) 6.38 $ 5.10 $      -20.0 %
Chicken Fillets (1 lb) 5.29 $ 6.06 $      +14.5 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 8.28 $ 7.69 $      -7.1 %
Apples (1 lb) 2.59 $ 2.77 $      +7.0 %
Banana (1 lb) 0.71 $ 0.94 $      +32.7 %
Oranges (1 lb) 2.87 $ 2.12 $      -26.2 %
Tomato (1 lb) 2.24 $ 2.73 $      +21.5 %
Potato (1 lb) 1.44 $ 1.45 $      +0.0 %
Onion (1 lb) 1.18 $ 1.59 $      +34.4 %
Lettuce (1 head) 1.81 $ 2.28 $      +25.5 %
Water (1.5 liter bottle) 3.04 $ 1.75 $      -42.4 %
Bottle of Wine (Mid-Range) 15.00 $ 14.00 $      -6.7 %
Domestic Beer (0.5 liter bottle) 1.93 $ 2.13 $      +10.7 %
Imported Beer (12 oz small bottle) 3.61 $ 3.91 $      +8.5 %
Cigarettes 20 Pack (Marlboro) 7.50 $ 9.75 $      +30.0 %
Transportation
Raleigh, NC Edit Minneapolis, MN Edit
One-way Ticket (Local Transport) 2.25 $ 2.50 $      +11.1 %
Monthly Pass (Regular Price) 60.00 $ 90.00 $      +50.0 %
Taxi Start (Normal Tariff) 2.50 $ 5.00 $      +100.0 %
Taxi 1 mile (Normal Tariff) 2.50 $ 2.50 $      0.0 %
Taxi 1hour Waiting (Normal Tariff) 15.00 $ 50.00 $      +233.3 %
Gasoline (1 gallon) 3.62 $ 3.51 $      -3.1 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 30,000.00 $ 32,946.00 $      +9.8 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 25,857.40 $ 25,926.47 $      +0.3 %
Utilities (Monthly)
Raleigh, NC Edit Minneapolis, MN Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 259.65 $ 170.57 $      -34.3 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 68.73 $ 49.50 $      -28.0 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 84.30 $ 65.53 $      -22.3 %
Sports And Leisure
Raleigh, NC Edit Minneapolis, MN Edit
Fitness Club, Monthly Fee for 1 Adult 40.40 $ 42.50 $      +5.2 %
Tennis Court Rent (1 Hour on Weekend) 34.00 $ 36.00 $      +5.9 %
Cinema, International Release, 1 Seat 14.75 $ 14.00 $      -5.1 %
Childcare
Raleigh, NC Edit Minneapolis, MN Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,413.33 $ 1,650.00 $      +16.7 %
International Primary School, Yearly for 1 Child 22,111.00 $ 24,406.67 $      +10.4 %
Clothing And Shoes
Raleigh, NC Edit Minneapolis, MN Edit
1 Pair of Jeans (Levis 501 Or Similar) 61.97 $ 65.90 $      +6.3 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 52.17 $ 51.50 $      -1.3 %
1 Pair of Nike Running Shoes (Mid-Range) 102.71 $ 97.12 $      -5.4 %
1 Pair of Men Leather Business Shoes 143.57 $ 130.62 $      -9.0 %
Rent Per Month
Raleigh, NC Edit Minneapolis, MN Edit
Apartment (1 bedroom) in City Centre 2,007.42 $ 1,669.06 $      -16.9 %
Apartment (1 bedroom) Outside of Centre 1,665.14 $ 1,214.64 $      -27.1 %
Apartment (3 bedrooms) in City Centre 3,614.48 $ 2,727.92 $      -24.5 %
Apartment (3 bedrooms) Outside of Centre 2,963.77 $ 1,963.33 $      -33.8 %
Buy Apartment Price
Raleigh, NC Edit Minneapolis, MN Edit
Price per Square Feet to Buy Apartment in City Centre 867.42 $ 304.09 $      -64.9 %
Price per Square Feet to Buy Apartment Outside of Centre 393.86 $ 233.75 $      -40.7 %
Salaries And Financing
Raleigh, NC Edit Minneapolis, MN Edit
Average Monthly Net Salary (After Tax) 4,430.18 $ 4,638.48 $      +4.7 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.58 6.56      -0.2 %
Last update: April 2024April 2024
Contributors in the past 12 months:88103