Cost of Living Comparison Between Miami, FL and Minneapolis, MN 

Indices DifferenceInfo
Cost of Living in Minneapolis, MN is 6.8% lower than in Miami, FL (without rent)
Cost of Living Including Rent in Minneapolis, MN is 25.6% lower than in Miami, FL
Rent Prices in Minneapolis, MN are 48.5% lower than in Miami, FL
Restaurant Prices in Minneapolis, MN are 15.6% lower than in Miami, FL
Groceries Prices in Minneapolis, MN are 0.9% higher than in Miami, FL
Local Purchasing Power in Minneapolis, MN is 32.5% higher than in Miami, FL
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Miami, FL Edit Minneapolis, MN Edit Difference
Meal, Inexpensive Restaurant 25.00 $ 20.00 $      -20.0 %
Meal for 2 People, Mid-range Restaurant, Three-course 100.00 $ 80.00 $      -20.0 %
McMeal at McDonalds (or Equivalent Combo Meal) 12.00 $ 10.00 $      -16.7 %
Domestic Beer (1 pint draught) 7.00 $ 7.00 $      0.0 %
Imported Beer (12 oz small bottle) 8.00 $ 7.00 $      -12.5 %
Cappuccino (regular) 4.96 $ 5.68 $      +14.6 %
Coke/Pepsi (12 oz small bottle) 2.83 $ 2.93 $      +3.4 %
Water (12 oz small bottle) 2.26 $ 2.13 $      -5.4 %
Markets
Miami, FL Edit Minneapolis, MN Edit
Milk (regular), (1 gallon) 4.33 $ 3.70 $      -14.5 %
Loaf of Fresh White Bread (1 lb) 3.31 $ 3.65 $      +10.0 %
Rice (white), (1 lb) 2.11 $ 2.24 $      +6.2 %
Eggs (regular) (12) 4.09 $ 3.62 $      -11.4 %
Local Cheese (1 lb) 6.54 $ 5.11 $      -21.8 %
Chicken Fillets (1 lb) 5.53 $ 5.96 $      +7.7 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 7.28 $ 7.40 $      +1.6 %
Apples (1 lb) 2.94 $ 2.63 $      -10.6 %
Banana (1 lb) 0.82 $ 0.94 $      +13.8 %
Oranges (1 lb) 2.07 $ 2.29 $      +10.7 %
Tomato (1 lb) 2.11 $ 2.55 $      +20.9 %
Potato (1 lb) 1.14 $ 1.38 $      +21.0 %
Onion (1 lb) 1.55 $ 1.61 $      +3.7 %
Lettuce (1 head) 2.92 $ 2.33 $      -20.2 %
Water (1.5 liter bottle) 2.31 $ 2.03 $      -12.2 %
Bottle of Wine (Mid-Range) 15.00 $ 15.00 $      0.0 %
Domestic Beer (0.5 liter bottle) 2.03 $ 2.13 $      +4.8 %
Imported Beer (12 oz small bottle) 2.33 $ 3.91 $      +67.8 %
Cigarettes 20 Pack (Marlboro) 9.45 $ 10.00 $      +5.8 %
Transportation
Miami, FL Edit Minneapolis, MN Edit
One-way Ticket (Local Transport) 2.25 $ 2.50 $      +11.1 %
Monthly Pass (Regular Price) 113.75 $ 90.00 $      -20.9 %
Taxi Start (Normal Tariff) 2.98 $ 5.00 $      +68.1 %
Taxi 1 mile (Normal Tariff) 2.10 $ 1.75 $      -16.7 %
Taxi 1hour Waiting (Normal Tariff) 24.00 $ 37.00 $      +54.2 %
Gasoline (1 gallon) 3.50 $ 3.44 $      -1.9 %
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) 24,844.08 $ 25,926.47 $      +4.4 %
Utilities (Monthly)
Miami, FL Edit Minneapolis, MN Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 169.20 $ 168.36 $      -0.5 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 63.16 $ 51.08 $      -19.1 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 63.16 $ 65.06 $      +3.0 %
Sports And Leisure
Miami, FL Edit Minneapolis, MN Edit
Fitness Club, Monthly Fee for 1 Adult 75.93 $ 34.00 $      -55.2 %
Tennis Court Rent (1 Hour on Weekend) 23.86 $ 26.67 $      +11.8 %
Cinema, International Release, 1 Seat 15.50 $ 14.50 $      -6.5 %
Childcare
Miami, FL Edit Minneapolis, MN Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,162.50 $ 1,450.00 $      +24.7 %
International Primary School, Yearly for 1 Child 28,333.33 $ 24,406.67 $      -13.9 %
Clothing And Shoes
Miami, FL Edit Minneapolis, MN Edit
1 Pair of Jeans (Levis 501 Or Similar) 49.80 $ 63.02 $      +26.5 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 53.89 $ 45.00 $      -16.5 %
1 Pair of Nike Running Shoes (Mid-Range) 83.06 $ 91.00 $      +9.6 %
1 Pair of Men Leather Business Shoes 100.77 $ 121.25 $      +20.3 %
Rent Per Month
Miami, FL Edit Minneapolis, MN Edit
Apartment (1 bedroom) in City Centre 2,769.58 $ 1,629.62 $      -41.2 %
Apartment (1 bedroom) Outside of Centre 2,106.60 $ 1,197.69 $      -43.1 %
Apartment (3 bedrooms) in City Centre 5,454.82 $ 2,586.25 $      -52.6 %
Apartment (3 bedrooms) Outside of Centre 3,779.15 $ 1,858.89 $      -50.8 %
Buy Apartment Price
Miami, FL Edit Minneapolis, MN Edit
Price per Square Feet to Buy Apartment in City Centre 605.52 $ 304.09 $      -49.8 %
Price per Square Feet to Buy Apartment Outside of Centre 370.66 $ 233.75 $      -36.9 %
Salaries And Financing
Miami, FL Edit Minneapolis, MN Edit
Average Monthly Net Salary (After Tax) 4,589.79 $ 4,524.12 $      -1.4 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.61 6.54      -1.1 %
Last update: June 2024June 2024
Contributors in the past 12 months:150101