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

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Indices DifferenceInfo
Cost of Living in Minneapolis, MN is 6.6% higher than in Austin, TX (without rent)
Cost of Living Including Rent in Minneapolis, MN is 10.4% lower than in Austin, TX
Rent Prices in Minneapolis, MN are 33.5% lower than in Austin, TX
Restaurant Prices in Minneapolis, MN are 3.6% higher than in Austin, TX
Groceries Prices in Minneapolis, MN are 13.8% higher than in Austin, TX
Local Purchasing Power in Minneapolis, MN is 7.9% lower than in Austin, TX
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Austin, TX Edit Minneapolis, MN Edit Difference
Meal, Inexpensive Restaurant 18.00 $ 20.00 $      +11.1 %
Meal for 2 People, Mid-range Restaurant, Three-course 80.00 $ 77.50 $      -3.1 %
McMeal at McDonalds (or Equivalent Combo Meal) 10.00 $ 10.00 $      0.0 %
Domestic Beer (1 pint draught) 6.00 $ 7.00 $      +16.7 %
Imported Beer (12 oz small bottle) 8.00 $ 7.00 $      -12.5 %
Cappuccino (regular) 5.36 $ 5.68 $      +6.1 %
Coke/Pepsi (12 oz small bottle) 2.70 $ 2.87 $      +6.6 %
Water (12 oz small bottle) 2.16 $ 2.13 $      -1.2 %
Markets
Austin, TX Edit Minneapolis, MN Edit
Milk (regular), (1 gallon) 3.95 $ 3.70 $      -6.4 %
Loaf of Fresh White Bread (1 lb) 3.22 $ 3.65 $      +13.3 %
Rice (white), (1 lb) 1.40 $ 2.24 $      +59.7 %
Eggs (regular) (12) 3.41 $ 3.62 $      +6.3 %
Local Cheese (1 lb) 6.18 $ 5.33 $      -13.7 %
Chicken Fillets (1 lb) 5.30 $ 6.40 $      +20.9 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.69 $ 7.58 $      +13.3 %
Apples (1 lb) 2.59 $ 2.70 $      +4.0 %
Banana (1 lb) 0.71 $ 0.91 $      +28.2 %
Oranges (1 lb) 2.04 $ 2.17 $      +6.4 %
Tomato (1 lb) 1.67 $ 2.88 $      +72.7 %
Potato (1 lb) 1.26 $ 1.43 $      +13.7 %
Onion (1 lb) 1.24 $ 1.65 $      +32.5 %
Lettuce (1 head) 1.94 $ 2.28 $      +17.5 %
Water (1.5 liter bottle) 2.00 $ 1.91 $      -4.5 %
Bottle of Wine (Mid-Range) 15.00 $ 15.00 $      0.0 %
Domestic Beer (0.5 liter bottle) 2.07 $ 2.13 $      +3.0 %
Imported Beer (12 oz small bottle) 3.57 $ 3.91 $      +9.8 %
Cigarettes 20 Pack (Marlboro) 8.00 $ 10.00 $      +25.0 %
Transportation
Austin, TX Edit Minneapolis, MN Edit
One-way Ticket (Local Transport) 1.75 $ 2.50 $      +42.9 %
Monthly Pass (Regular Price) 45.00 $ 90.00 $      +100.0 %
Taxi Start (Normal Tariff) 3.25 $ 5.00 $      +53.8 %
Taxi 1 mile (Normal Tariff) 2.75 $ 1.75 $      -36.4 %
Taxi 1hour Waiting (Normal Tariff) 35.00 $ 37.00 $      +5.7 %
Gasoline (1 gallon) 3.07 $ 3.45 $      +12.3 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 35,639.19 $ 32,946.00 $      -7.6 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 26,102.62 $ 25,926.47 $      -0.7 %
Utilities (Monthly)
Austin, TX Edit Minneapolis, MN Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 173.25 $ 168.36 $      -2.8 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 61.15 $ 51.08 $      -16.5 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 66.20 $ 65.32 $      -1.3 %
Sports And Leisure
Austin, TX Edit Minneapolis, MN Edit
Fitness Club, Monthly Fee for 1 Adult 54.64 $ 30.00 $      -45.1 %
Tennis Court Rent (1 Hour on Weekend) 17.50 $ 26.67 $      +52.4 %
Cinema, International Release, 1 Seat 14.00 $ 14.50 $      +3.6 %
Childcare
Austin, TX Edit Minneapolis, MN Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,476.11 $ 1,450.00 $      -1.8 %
International Primary School, Yearly for 1 Child 21,625.00 $ 24,406.67 $      +12.9 %
Clothing And Shoes
Austin, TX Edit Minneapolis, MN Edit
1 Pair of Jeans (Levis 501 Or Similar) 61.92 $ 60.58 $      -2.2 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 55.85 $ 45.00 $      -19.4 %
1 Pair of Nike Running Shoes (Mid-Range) 97.56 $ 91.00 $      -6.7 %
1 Pair of Men Leather Business Shoes 132.87 $ 121.25 $      -8.7 %
Rent Per Month
Austin, TX Edit Minneapolis, MN Edit
Apartment (1 bedroom) in City Centre 2,262.92 $ 1,629.62 $      -28.0 %
Apartment (1 bedroom) Outside of Centre 1,530.36 $ 1,197.69 $      -21.7 %
Apartment (3 bedrooms) in City Centre 4,589.15 $ 2,657.73 $      -42.1 %
Apartment (3 bedrooms) Outside of Centre 2,665.22 $ 1,858.89 $      -30.3 %
Buy Apartment Price
Austin, TX Edit Minneapolis, MN Edit
Price per Square Feet to Buy Apartment in City Centre 368.17 $ 304.09 $      -17.4 %
Price per Square Feet to Buy Apartment Outside of Centre 249.25 $ 233.75 $      -6.2 %
Salaries And Financing
Austin, TX Edit Minneapolis, MN Edit
Average Monthly Net Salary (After Tax) 5,579.13 $ 4,604.53 $      -17.5 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.69 6.54      -2.3 %
Last update: May 2024May 2024
Contributors in the past 12 months:17599