Cost of Living Comparison Between Charlotte, NC and Minneapolis, MN 

Indices DifferenceInfo
Consumer Prices in Minneapolis, MN are 3.6% lower than in Charlotte, NC (without rent)
Consumer Prices Including Rent in Minneapolis, MN are 15.7% lower than in Charlotte, NC
Rent Prices in Minneapolis, MN are 33.8% lower than in Charlotte, NC
Restaurant Prices in Minneapolis, MN are 4.4% higher than in Charlotte, NC
Groceries Prices in Minneapolis, MN are 4.4% lower than in Charlotte, NC
Local Purchasing Power in Minneapolis, MN is 12.5% higher than in Charlotte, NC
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Charlotte, NC 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) 11.00 $ 10.00 $      -9.1 %
Domestic Beer (1 pint draught) 6.00 $ 7.00 $      +16.7 %
Imported Beer (12 oz small bottle) 7.12 $ 7.00 $      -1.8 %
Cappuccino (regular) 4.98 $ 5.68 $      +14.1 %
Coke/Pepsi (12 oz small bottle) 2.46 $ 2.87 $      +16.9 %
Water (12 oz small bottle) 1.99 $ 2.13 $      +7.2 %
Markets
Charlotte, NC Edit Minneapolis, MN Edit
Milk (regular), (1 gallon) 3.98 $ 3.70 $      -7.1 %
Loaf of Fresh White Bread (1 lb) 3.46 $ 3.65 $      +5.4 %
Rice (white), (1 lb) 2.40 $ 2.24 $      -6.5 %
Eggs (regular) (12) 3.94 $ 3.62 $      -8.1 %
Local Cheese (1 lb) 5.68 $ 5.33 $      -6.1 %
Chicken Fillets (1 lb) 6.38 $ 6.40 $      +0.4 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 10.05 $ 7.58 $      -24.6 %
Apples (1 lb) 3.13 $ 2.70 $      -13.9 %
Banana (1 lb) 0.76 $ 0.91 $      +19.8 %
Oranges (1 lb) 2.82 $ 2.17 $      -23.1 %
Tomato (1 lb) 2.09 $ 2.88 $      +38.1 %
Potato (1 lb) 1.58 $ 1.43 $      -9.1 %
Onion (1 lb) 1.56 $ 1.65 $      +5.2 %
Lettuce (1 head) 1.80 $ 2.28 $      +26.4 %
Water (1.5 liter bottle) 1.90 $ 1.91 $      +0.7 %
Bottle of Wine (Mid-Range) 15.00 $ 15.00 $      0.0 %
Domestic Beer (0.5 liter bottle) 1.73 $ 2.13 $      +23.3 %
Imported Beer (12 oz small bottle) 3.88 $ 3.91 $      +0.9 %
Cigarettes 20 Pack (Marlboro) 8.00 $ 10.00 $      +25.0 %
Transportation
Charlotte, NC Edit Minneapolis, MN Edit
One-way Ticket (Local Transport) 2.25 $ 2.50 $      +11.1 %
Monthly Pass (Regular Price) 120.00 $ 90.00 $      -25.0 %
Taxi Start (Normal Tariff) 5.00 $ 5.00 $      0.0 %
Taxi 1 mile (Normal Tariff) 8.00 $ 1.75 $      -78.1 %
Taxi 1hour Waiting (Normal Tariff) 36.50 $ 37.00 $      +1.4 %
Gasoline (1 gallon) 3.22 $ 3.45 $      +7.2 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 34,000.00 $ 32,946.00 $      -3.1 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 24,893.65 $ 25,926.47 $      +4.1 %
Utilities (Monthly)
Charlotte, NC Edit Minneapolis, MN Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 180.95 $ 168.36 $      -7.0 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 44.71 $ 51.08 $      +14.2 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 72.78 $ 65.32 $      -10.3 %
Sports And Leisure
Charlotte, NC Edit Minneapolis, MN Edit
Fitness Club, Monthly Fee for 1 Adult 29.80 $ 30.00 $      +0.7 %
Tennis Court Rent (1 Hour on Weekend) 20.00 $ 26.67 $      +33.3 %
Cinema, International Release, 1 Seat 15.00 $ 14.50 $      -3.3 %
Childcare
Charlotte, NC Edit Minneapolis, MN Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,455.50 $ 1,450.00 $      -0.4 %
International Primary School, Yearly for 1 Child 26,280.00 $ 24,406.67 $      -7.1 %
Clothing And Shoes
Charlotte, NC Edit Minneapolis, MN Edit
1 Pair of Jeans (Levis 501 Or Similar) 59.81 $ 60.58 $      +1.3 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 46.80 $ 45.00 $      -3.8 %
1 Pair of Nike Running Shoes (Mid-Range) 107.30 $ 91.00 $      -15.2 %
1 Pair of Men Leather Business Shoes 129.87 $ 121.25 $      -6.6 %
Rent Per Month
Charlotte, NC Edit Minneapolis, MN Edit
Apartment (1 bedroom) in City Centre 2,016.67 $ 1,629.62 $      -19.2 %
Apartment (1 bedroom) Outside of Centre 1,816.55 $ 1,197.69 $      -34.1 %
Apartment (3 bedrooms) in City Centre 4,474.00 $ 2,657.73 $      -40.6 %
Apartment (3 bedrooms) Outside of Centre 2,783.85 $ 1,858.89 $      -33.2 %
Buy Apartment Price
Charlotte, NC Edit Minneapolis, MN Edit
Price per Square Feet to Buy Apartment in City Centre 409.18 $ 304.09 $      -25.7 %
Price per Square Feet to Buy Apartment Outside of Centre 257.26 $ 233.75 $      -9.1 %
Salaries And Financing
Charlotte, NC Edit Minneapolis, MN Edit
Average Monthly Net Salary (After Tax) 4,729.38 $ 4,486.35 $      -5.1 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.45 6.54      +1.3 %
Last update: April 2024April 2024
Contributors in the past 12 months:7798