Cost of Living Comparison Between Minneapolis, MN and New York, NY 
| Indices Difference |  |
|---|---|
| Cost of Living in New York, NY is 38.1% higher than in Minneapolis, MN (without rent) | |
| Cost of Living Including Rent in New York, NY is 81.9% higher than in Minneapolis, MN | |
| Rent Prices in New York, NY are 176.8% higher than in Minneapolis, MN | |
| Restaurant Prices in New York, NY are 45.7% higher than in Minneapolis, MN | |
| Groceries Prices in New York, NY are 27.4% higher than in Minneapolis, MN | |
| Local Purchasing Power in New York, NY is 30.5% lower than in Minneapolis, MN | |
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 $ | 11.00 $ | +57.1 % |
| Cappuccino (regular) | 5.68 $ | 5.70 $ | +0.4 % |
| Coke/Pepsi (12 oz small bottle) | 2.93 $ | 3.06 $ | +4.5 % |
| Water (12 oz small bottle) | 2.13 $ | 2.29 $ | +7.3 % |
Markets | Minneapolis, MN Edit |
New York, NY Edit | |
| Milk (regular), (1 gallon) | 3.70 $ | 5.60 $ | +51.4 % |
| Loaf of Fresh White Bread (1 lb) | 3.65 $ | 4.46 $ | +22.2 % |
| Rice (white), (1 lb) | 2.24 $ | 3.33 $ | +48.6 % |
| Eggs (regular) (12) | 3.62 $ | 5.20 $ | +43.4 % |
| Local Cheese (1 lb) | 5.11 $ | 7.46 $ | +46.0 % |
| Chicken Fillets (1 lb) | 5.96 $ | 6.74 $ | +13.2 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 7.40 $ | 8.52 $ | +15.1 % |
| Apples (1 lb) | 2.63 $ | 3.25 $ | +23.8 % |
| Banana (1 lb) | 0.94 $ | 0.96 $ | +2.6 % |
| Oranges (1 lb) | 2.29 $ | 2.70 $ | +17.5 % |
| Tomato (1 lb) | 2.55 $ | 3.03 $ | +18.7 % |
| Potato (1 lb) | 1.38 $ | 1.75 $ | +27.3 % |
| Onion (1 lb) | 1.61 $ | 1.69 $ | +5.2 % |
| Lettuce (1 head) | 2.33 $ | 3.19 $ | +37.1 % |
| Water (1.5 liter bottle) | 2.03 $ | 2.47 $ | +21.8 % |
| Bottle of Wine (Mid-Range) | 15.00 $ | 20.00 $ | +33.3 % |
| Domestic Beer (0.5 liter bottle) | 2.13 $ | 2.64 $ | +23.8 % |
| Imported Beer (12 oz small bottle) | 3.91 $ | 3.70 $ | -5.4 % |
| 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 $ | 4.92 $ | -1.5 % |
| 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 $ | 3.84 $ | +11.4 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 32,946.00 $ | 35,000.00 $ | +6.2 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 25,926.47 $ | 28,263.92 $ | +9.0 % |
Utilities (Monthly) | Minneapolis, MN Edit |
New York, NY Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 168.36 $ | 173.29 $ | +2.9 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 51.08 $ | 66.57 $ | +30.3 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 65.06 $ | 69.87 $ | +7.4 % |
Sports And Leisure | Minneapolis, MN Edit |
New York, NY Edit | |
| Fitness Club, Monthly Fee for 1 Adult | 34.00 $ | 138.33 $ | +306.9 % |
| Tennis Court Rent (1 Hour on Weekend) | 26.67 $ | 77.86 $ | +192.0 % |
| 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 $ | 3,168.00 $ | +118.5 % |
| International Primary School, Yearly for 1 Child | 24,406.67 $ | 58,000.00 $ | +137.6 % |
Clothing And Shoes | Minneapolis, MN Edit |
New York, NY Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 63.02 $ | 71.54 $ | +13.5 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 45.00 $ | 48.24 $ | +7.2 % |
| 1 Pair of Nike Running Shoes (Mid-Range) | 91.00 $ | 102.21 $ | +12.3 % |
| 1 Pair of Men Leather Business Shoes | 121.25 $ | 165.41 $ | +36.4 % |
Rent Per Month | Minneapolis, MN Edit |
New York, NY Edit | |
| Apartment (1 bedroom) in City Centre | 1,629.62 $ | 4,328.21 $ | +165.6 % |
| Apartment (1 bedroom) Outside of Centre | 1,197.69 $ | 2,917.55 $ | +143.6 % |
| Apartment (3 bedrooms) in City Centre | 2,657.73 $ | 8,565.00 $ | +222.3 % |
| Apartment (3 bedrooms) Outside of Centre | 1,858.89 $ | 4,515.20 $ | +142.9 % |
Buy Apartment Price | Minneapolis, MN Edit |
New York, NY Edit | |
| Price per Square Feet to Buy Apartment in City Centre | 304.09 $ | 1,569.57 $ | +416.2 % |
| Price per Square Feet to Buy Apartment Outside of Centre | 233.75 $ | 1,142.75 $ | +388.9 % |
Salaries And Financing | Minneapolis, MN Edit |
New York, NY Edit | |
| Average Monthly Net Salary (After Tax) | 4,524.12 $ | 5,718.11 $ | +26.4 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.54 | 6.72 | +2.8 % |
| Last update: | May 2024 | June 2024 | |
| Contributors in the past 12 months: | 99 | 477 |
Moving to Minneapolis, MN? Explore:
Moving to New York, NY? Explore:
Cities near Minneapolis, MN: | Cost of Living in Saint Paul, Minnesota | 8.84 miles |
| Cost of Living in Neillsville, Wisconsin | 146.10 miles |
| Cost of Living in Duluth, Minnesota | 154.36 miles |
| Cost of Living in Watertown, South Dakota | 203.67 miles |
| Cost of Living in Stevens Point, Wisconsin | 204.53 miles |
| Cost of Living in Oelwein, Iowa | 233.60 miles |
| Cost of Living in Des Moines, Iowa | 243.50 miles |
Cities near New York, NY: | Cost of Living in Jersey City, New Jersey | 4.58 miles |
| Cost of Living in East Rutherford, New Jersey | 10.01 miles |
| Cost of Living in Rutherford, New Jersey | 10.22 miles |
| Cost of Living in Newark, New Jersey | 11.63 miles |
| Cost of Living in Paterson, New Jersey | 17.95 miles |
| Cost of Living in Bergen County, New Jersey | 20.13 miles |
| Cost of Living in Hempstead, New York | 22.26 miles |
| Cost of Living in West Caldwell, New Jersey | 23.56 miles |
| Cost of Living in Woodbridge, New Jersey | 25.26 miles |
| Cost of Living in Parsippany-Troy Hills, New Jersey | 30.18 miles |