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

Indices DifferenceInfo
Consumer Prices in Minneapolis, MN are 0.2% higher than in Indianapolis, IN (without rent)
Consumer Prices Including Rent in Minneapolis, MN are 1.7% higher than in Indianapolis, IN
Rent Prices in Minneapolis, MN are 5.1% higher than in Indianapolis, IN
Restaurant Prices in Minneapolis, MN are 6.8% lower than in Indianapolis, IN
Groceries Prices in Minneapolis, MN are 16.0% higher than in Indianapolis, IN
Local Purchasing Power in Minneapolis, MN is 8.6% 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 80.00 $ 80.00 $      0.0 %
McMeal at McDonalds (or Equivalent Combo Meal) 10.00 $ 10.00 $      0.0 %
Domestic Beer (1 pint draught) 5.50 $ 7.00 $      +27.3 %
Imported Beer (12 oz small bottle) 8.00 $ 7.00 $      -12.5 %
Cappuccino (regular) 4.78 $ 5.65 $      +18.3 %
Coke/Pepsi (12 oz small bottle) 2.15 $ 2.87 $      +33.6 %
Water (12 oz small bottle) 2.40 $ 2.13 $      -11.1 %
Markets
Indianapolis, IN Edit Minneapolis, MN Edit
Milk (regular), (1 gallon) 3.25 $ 3.61 $      +11.1 %
Loaf of Fresh White Bread (1 lb) 2.87 $ 3.65 $      +27.1 %
Rice (white), (1 lb) 2.38 $ 2.27 $      -4.6 %
Eggs (regular) (12) 2.52 $ 3.62 $      +43.9 %
Local Cheese (1 lb) 4.69 $ 5.10 $      +8.8 %
Chicken Fillets (1 lb) 4.99 $ 6.06 $      +21.5 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 6.66 $ 7.69 $      +15.5 %
Apples (1 lb) 1.96 $ 2.77 $      +41.7 %
Banana (1 lb) 0.80 $ 0.94 $      +18.3 %
Oranges (1 lb) 2.75 $ 2.12 $      -23.0 %
Tomato (1 lb) 1.71 $ 2.73 $      +59.5 %
Potato (1 lb) 1.45 $ 1.45 $      -0.3 %
Onion (1 lb) 1.46 $ 1.59 $      +8.9 %
Lettuce (1 head) 1.41 $ 2.28 $      +61.3 %
Water (1.5 liter bottle) 2.03 $ 1.75 $      -13.8 %
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) 80.00 $ 90.00 $      +12.5 %
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) 3.66 $ 3.50 $      -4.4 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 35,518.26 $ 32,946.00 $      -7.2 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 26,069.15 $ 25,926.47 $      -0.5 %
Utilities (Monthly)
Indianapolis, IN Edit Minneapolis, MN Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 259.50 $ 168.36 $      -35.1 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 65.25 $ 51.08 $      -21.7 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 82.73 $ 65.32 $      -21.0 %
Sports And Leisure
Indianapolis, IN Edit Minneapolis, MN Edit
Fitness Club, Monthly Fee for 1 Adult 50.00 $ 30.00 $      -40.0 %
Tennis Court Rent (1 Hour on Weekend) 32.00 $ 26.67 $      -16.7 %
Cinema, International Release, 1 Seat 12.00 $ 14.00 $      +16.7 %
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) 57.00 $ 62.68 $      +10.0 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 53.50 $ 45.00 $      -15.9 %
1 Pair of Nike Running Shoes (Mid-Range) 74.80 $ 91.00 $      +21.7 %
1 Pair of Men Leather Business Shoes 109.00 $ 121.25 $      +11.2 %
Rent Per Month
Indianapolis, IN Edit Minneapolis, MN Edit
Apartment (1 bedroom) in City Centre 1,612.86 $ 1,629.62 $      +1.0 %
Apartment (1 bedroom) Outside of Centre 1,192.86 $ 1,197.69 $      +0.4 %
Apartment (3 bedrooms) in City Centre 2,410.00 $ 2,657.73 $      +10.3 %
Apartment (3 bedrooms) Outside of Centre 1,775.00 $ 1,858.89 $      +4.7 %
Buy Apartment Price
Indianapolis, IN Edit Minneapolis, MN Edit
Price per Square Feet to Buy Apartment in City Centre 175.32 $ 304.09 $      +73.4 %
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) 4,874.31 $ 4,531.61 $      -7.0 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.61 6.54      -1.2 %
Last update: April 2024April 2024
Contributors in the past 12 months:54101