Cost of Living Comparison Between Minneapolis, MN and Phoenix, AZ 
| Indices Difference |  |
|---|---|
| Cost of Living in Phoenix, AZ is 6.1% lower than in Minneapolis, MN (without rent) | |
| Cost of Living Including Rent in Phoenix, AZ is 1.5% lower than in Minneapolis, MN | |
| Rent Prices in Phoenix, AZ are 8.5% higher than in Minneapolis, MN | |
| Restaurant Prices in Phoenix, AZ are 0.3% lower than in Minneapolis, MN | |
| Groceries Prices in Phoenix, AZ are 14.1% lower than in Minneapolis, MN | |
| Local Purchasing Power in Phoenix, AZ is 2.0% lower than in Minneapolis, MN | |
Restaurants | Minneapolis, MN Edit |
Phoenix, AZ Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant | 20.00 $ | 19.99 $ | -0.0 % |
| Meal for 2 People, Mid-range Restaurant, Three-course | 77.50 $ | 80.00 $ | +3.2 % |
| McMeal at McDonalds (or Equivalent Combo Meal) | 10.00 $ | 11.00 $ | +10.0 % |
| Domestic Beer (1 pint draught) | 7.00 $ | 5.75 $ | -17.9 % |
| Imported Beer (12 oz small bottle) | 7.00 $ | 6.50 $ | -7.1 % |
| Cappuccino (regular) | 5.68 $ | 5.30 $ | -6.7 % |
| Coke/Pepsi (12 oz small bottle) | 2.87 $ | 2.57 $ | -10.5 % |
| Water (12 oz small bottle) | 2.13 $ | 1.95 $ | -8.8 % |
Markets | Minneapolis, MN Edit |
Phoenix, AZ Edit | |
| Milk (regular), (1 gallon) | 3.70 $ | 3.43 $ | -7.4 % |
| Loaf of Fresh White Bread (1 lb) | 3.65 $ | 3.34 $ | -8.4 % |
| Rice (white), (1 lb) | 2.24 $ | 2.00 $ | -10.7 % |
| Eggs (regular) (12) | 3.62 $ | 3.80 $ | +4.9 % |
| Local Cheese (1 lb) | 5.33 $ | 4.91 $ | -7.9 % |
| Chicken Fillets (1 lb) | 6.40 $ | 4.56 $ | -28.8 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 7.58 $ | 6.43 $ | -15.2 % |
| Apples (1 lb) | 2.70 $ | 2.05 $ | -23.8 % |
| Banana (1 lb) | 0.91 $ | 0.66 $ | -27.5 % |
| Oranges (1 lb) | 2.17 $ | 1.84 $ | -15.4 % |
| Tomato (1 lb) | 2.88 $ | 1.96 $ | -32.0 % |
| Potato (1 lb) | 1.43 $ | 1.42 $ | -1.0 % |
| Onion (1 lb) | 1.65 $ | 1.27 $ | -22.8 % |
| Lettuce (1 head) | 2.28 $ | 1.85 $ | -18.6 % |
| Water (1.5 liter bottle) | 1.91 $ | 2.43 $ | +27.4 % |
| Bottle of Wine (Mid-Range) | 15.00 $ | 15.00 $ | 0.0 % |
| Domestic Beer (0.5 liter bottle) | 2.13 $ | 2.09 $ | -1.9 % |
| Imported Beer (12 oz small bottle) | 3.91 $ | 4.51 $ | +15.4 % |
| Cigarettes 20 Pack (Marlboro) | 10.00 $ | 9.00 $ | -10.0 % |
Transportation | Minneapolis, MN Edit |
Phoenix, AZ Edit | |
| One-way Ticket (Local Transport) | 2.50 $ | 2.00 $ | -20.0 % |
| Monthly Pass (Regular Price) | 90.00 $ | 53.00 $ | -41.1 % |
| Taxi Start (Normal Tariff) | 5.00 $ | 2.75 $ | -45.0 % |
| Taxi 1 mile (Normal Tariff) | 1.75 $ | 2.20 $ | +25.7 % |
| Taxi 1hour Waiting (Normal Tariff) | 37.00 $ | 36.00 $ | -2.7 % |
| Gasoline (1 gallon) | 3.45 $ | 4.05 $ | +17.4 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 32,946.00 $ | 30,000.00 $ | -8.9 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 25,926.47 $ | 27,595.23 $ | +6.4 % |
Utilities (Monthly) | Minneapolis, MN Edit |
Phoenix, AZ Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 168.36 $ | 236.80 $ | +40.6 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 51.08 $ | 69.14 $ | +35.4 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 65.32 $ | 68.12 $ | +4.3 % |
Sports And Leisure | Minneapolis, MN Edit |
Phoenix, AZ Edit | |
| Fitness Club, Monthly Fee for 1 Adult | 30.00 $ | 26.62 $ | -11.3 % |
| Tennis Court Rent (1 Hour on Weekend) | 26.67 $ | 19.33 $ | -27.5 % |
| Cinema, International Release, 1 Seat | 14.50 $ | 12.50 $ | -13.8 % |
Childcare | Minneapolis, MN Edit |
Phoenix, AZ Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 1,450.00 $ | 1,142.86 $ | -21.2 % |
| International Primary School, Yearly for 1 Child | 24,406.67 $ | 10,400.00 $ | -57.4 % |
Clothing And Shoes | Minneapolis, MN Edit |
Phoenix, AZ Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 60.58 $ | 46.67 $ | -23.0 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 45.00 $ | 39.44 $ | -12.3 % |
| 1 Pair of Nike Running Shoes (Mid-Range) | 91.00 $ | 86.32 $ | -5.1 % |
| 1 Pair of Men Leather Business Shoes | 121.25 $ | 109.63 $ | -9.6 % |
Rent Per Month | Minneapolis, MN Edit |
Phoenix, AZ Edit | |
| Apartment (1 bedroom) in City Centre | 1,629.62 $ | 1,563.18 $ | -4.1 % |
| Apartment (1 bedroom) Outside of Centre | 1,197.69 $ | 1,391.93 $ | +16.2 % |
| Apartment (3 bedrooms) in City Centre | 2,657.73 $ | 2,677.23 $ | +0.7 % |
| Apartment (3 bedrooms) Outside of Centre | 1,858.89 $ | 2,335.29 $ | +25.6 % |
Buy Apartment Price | Minneapolis, MN Edit |
Phoenix, AZ Edit | |
| Price per Square Feet to Buy Apartment in City Centre | 304.09 $ | 319.48 $ | +5.1 % |
| Price per Square Feet to Buy Apartment Outside of Centre | 233.75 $ | 268.51 $ | +14.9 % |
Salaries And Financing | Minneapolis, MN Edit |
Phoenix, AZ Edit | |
| Average Monthly Net Salary (After Tax) | 4,604.53 $ | 4,444.59 $ | -3.5 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.54 | 6.53 | -0.1 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 99 | 152 |
Moving to Minneapolis, MN? Explore:
Moving to Phoenix, AZ? 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 Phoenix, AZ: | Cost of Living in Scottsdale, Arizona | 12.83 miles |
| Cost of Living in Peoria, Arizona | 13.45 miles |
| Cost of Living in Cottonwood, Arizona | 103.09 miles |
| Cost of Living in Tucson, Arizona | 116.20 miles |
| Cost of Living in Indio, California | 246.45 miles |
| Cost of Living in Imperial, California | 248.19 miles |