Cost of Living Comparison Between Indianapolis, IN and Minneapolis, MN 

Indices DifferenceInfo
Cost of Living in Minneapolis, MN is 4.8% higher than in Indianapolis, IN (without rent)
Cost of Living Including Rent in Minneapolis, MN is 5.7% higher than in Indianapolis, IN
Rent Prices in Minneapolis, MN are 7.9% higher than in Indianapolis, IN
Restaurant Prices in Minneapolis, MN are 6.9% lower than in Indianapolis, IN
Groceries Prices in Minneapolis, MN are 18.4% higher than in Indianapolis, IN
Local Purchasing Power in Minneapolis, MN is 12.0% lower than in Indianapolis, IN
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Indianapolis, IN Edit Minneapolis, MN Edit Difference
Meal, Inexpensive Restaurant 25.00 $ 20.00 $      -20.0 %
Meal for 2 People, Mid-range Restaurant, Three-course 77.50 $ 77.50 $      0.0 %
McMeal at McDonalds (or Equivalent Combo Meal) 10.50 $ 10.00 $      -4.8 %
Domestic Beer (1 pint draught) 6.00 $ 7.00 $      +16.7 %
Imported Beer (12 oz small bottle) 7.75 $ 7.00 $      -9.7 %
Cappuccino (regular) 4.65 $ 5.68 $      +22.2 %
Coke/Pepsi (12 oz small bottle) 2.29 $ 2.87 $      +25.3 %
Water (12 oz small bottle) 2.02 $ 2.13 $      +5.4 %
Markets
Indianapolis, IN Edit Minneapolis, MN Edit
Milk (regular), (1 gallon) 3.22 $ 3.70 $      +14.8 %
Loaf of Fresh White Bread (1 lb) 2.85 $ 3.65 $      +27.7 %
Rice (white), (1 lb) 2.38 $ 2.24 $      -6.0 %
Eggs (regular) (12) 2.37 $ 3.62 $      +52.7 %
Local Cheese (1 lb) 4.69 $ 5.33 $      +13.7 %
Chicken Fillets (1 lb) 4.84 $ 6.40 $      +32.3 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.66 $ 7.58 $      +13.8 %
Apples (1 lb) 1.87 $ 2.70 $      +43.9 %
Banana (1 lb) 0.78 $ 0.91 $      +16.1 %
Oranges (1 lb) 2.75 $ 2.17 $      -21.1 %
Tomato (1 lb) 1.74 $ 2.88 $      +65.9 %
Potato (1 lb) 1.45 $ 1.43 $      -1.2 %
Onion (1 lb) 1.46 $ 1.65 $      +13.0 %
Lettuce (1 head) 1.41 $ 2.28 $      +61.3 %
Water (1.5 liter bottle) 2.03 $ 1.91 $      -6.1 %
Bottle of Wine (Mid-Range) 14.00 $ 15.00 $      +7.2 %
Domestic Beer (0.5 liter bottle) 1.73 $ 2.13 $      +23.3 %
Imported Beer (12 oz small bottle) 2.56 $ 3.91 $      +52.7 %
Cigarettes 20 Pack (Marlboro) 8.00 $ 10.00 $      +25.0 %
Transportation
Indianapolis, IN Edit Minneapolis, MN Edit
One-way Ticket (Local Transport) 1.75 $ 2.50 $      +42.9 %
Monthly Pass (Regular Price) 60.00 $ 90.00 $      +50.0 %
Taxi Start (Normal Tariff) 2.00 $ 5.00 $      +150.0 %
Taxi 1 mile (Normal Tariff) 2.75 $ 1.75 $      -36.4 %
Taxi 1hour Waiting (Normal Tariff) 34.00 $ 37.00 $      +8.8 %
Gasoline (1 gallon) 3.63 $ 3.45 $      -4.9 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 35,000.00 $ 32,946.00 $      -5.9 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 24,944.15 $ 25,926.47 $      +3.9 %
Utilities (Monthly)
Indianapolis, IN Edit Minneapolis, MN Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 240.00 $ 168.36 $      -29.8 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 59.62 $ 51.08 $      -14.3 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 78.00 $ 65.32 $      -16.3 %
Sports And Leisure
Indianapolis, IN Edit Minneapolis, MN Edit
Fitness Club, Monthly Fee for 1 Adult 36.33 $ 34.00 $      -6.4 %
Tennis Court Rent (1 Hour on Weekend) 32.00 $ 26.67 $      -16.7 %
Cinema, International Release, 1 Seat 12.00 $ 14.50 $      +20.8 %
Childcare
Indianapolis, IN Edit Minneapolis, MN Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,855.00 $ 1,450.00 $      -21.8 %
International Primary School, Yearly for 1 Child 27,350.00 $ 24,406.67 $      -10.8 %
Clothing And Shoes
Indianapolis, IN Edit Minneapolis, MN Edit
1 Pair of Jeans (Levis 501 Or Similar) 51.17 $ 60.58 $      +18.4 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 44.67 $ 45.00 $      +0.7 %
1 Pair of Nike Running Shoes (Mid-Range) 65.80 $ 91.00 $      +38.3 %
1 Pair of Men Leather Business Shoes 92.00 $ 121.25 $      +31.8 %
Rent Per Month
Indianapolis, IN Edit Minneapolis, MN Edit
Apartment (1 bedroom) in City Centre 1,567.50 $ 1,629.62 $      +4.0 %
Apartment (1 bedroom) Outside of Centre 1,116.88 $ 1,197.69 $      +7.2 %
Apartment (3 bedrooms) in City Centre 2,375.00 $ 2,657.73 $      +11.9 %
Apartment (3 bedrooms) Outside of Centre 1,745.83 $ 1,858.89 $      +6.5 %
Buy Apartment Price
Indianapolis, IN Edit Minneapolis, MN Edit
Price per Square Feet to Buy Apartment in City Centre 183.65 $ 304.09 $      +65.6 %
Price per Square Feet to Buy Apartment Outside of Centre 143.65 $ 233.75 $      +62.7 %
Salaries And Financing
Indianapolis, IN Edit Minneapolis, MN Edit
Average Monthly Net Salary (After Tax) 4,979.50 $ 4,631.77 $      -7.0 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.60 6.54      -0.9 %
Last update: May 2024May 2024
Contributors in the past 12 months:55101