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

Indices DifferenceInfo
Cost of Living in Minneapolis, MN is 5.1% lower than in Miami, FL (without rent)
Cost of Living Including Rent in Minneapolis, MN is 24.4% lower than in Miami, FL
Rent Prices in Minneapolis, MN are 47.6% lower than in Miami, FL
Restaurant Prices in Minneapolis, MN are 16.4% lower than in Miami, FL
Groceries Prices in Minneapolis, MN are 5.3% higher than in Miami, FL
Local Purchasing Power in Minneapolis, MN is 41.0% 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 $ 77.50 $      -22.5 %
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) 4.89 $ 5.68 $      +16.2 %
Coke/Pepsi (12 oz small bottle) 2.79 $ 2.87 $      +2.8 %
Water (12 oz small bottle) 2.23 $ 2.13 $      -4.5 %
Markets
Miami, FL Edit Minneapolis, MN Edit
Milk (regular), (1 gallon) 4.33 $ 3.70 $      -14.5 %
Loaf of Fresh White Bread (1 lb) 3.26 $ 3.65 $      +11.7 %
Rice (white), (1 lb) 2.09 $ 2.24 $      +7.2 %
Eggs (regular) (12) 4.09 $ 3.62 $      -11.4 %
Local Cheese (1 lb) 6.07 $ 5.33 $      -12.2 %
Chicken Fillets (1 lb) 5.30 $ 6.40 $      +20.8 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 7.25 $ 7.58 $      +4.6 %
Apples (1 lb) 2.88 $ 2.70 $      -6.4 %
Banana (1 lb) 0.83 $ 0.91 $      +9.9 %
Oranges (1 lb) 1.98 $ 2.17 $      +9.3 %
Tomato (1 lb) 2.23 $ 2.88 $      +29.3 %
Potato (1 lb) 1.14 $ 1.43 $      +25.7 %
Onion (1 lb) 1.47 $ 1.65 $      +12.1 %
Lettuce (1 head) 2.74 $ 2.28 $      -16.8 %
Water (1.5 liter bottle) 2.24 $ 1.91 $      -14.7 %
Bottle of Wine (Mid-Range) 13.00 $ 15.00 $      +15.4 %
Domestic Beer (0.5 liter bottle) 2.03 $ 2.13 $      +4.8 %
Imported Beer (12 oz small bottle) 2.53 $ 3.91 $      +54.5 %
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) 3.49 $ 3.45 $      -1.3 %
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) 24,955.19 $ 25,926.47 $      +3.9 %
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 61.74 $ 51.08 $      -17.3 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 62.46 $ 65.32 $      +4.6 %
Sports And Leisure
Miami, FL Edit Minneapolis, MN Edit
Fitness Club, Monthly Fee for 1 Adult 75.53 $ 30.00 $      -60.3 %
Tennis Court Rent (1 Hour on Weekend) 23.38 $ 26.67 $      +14.1 %
Cinema, International Release, 1 Seat 15.00 $ 14.50 $      -3.3 %
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) 48.29 $ 60.58 $      +25.4 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 51.00 $ 45.00 $      -11.8 %
1 Pair of Nike Running Shoes (Mid-Range) 80.75 $ 91.00 $      +12.7 %
1 Pair of Men Leather Business Shoes 98.33 $ 121.25 $      +23.3 %
Rent Per Month
Miami, FL Edit Minneapolis, MN Edit
Apartment (1 bedroom) in City Centre 2,773.75 $ 1,629.62 $      -41.2 %
Apartment (1 bedroom) Outside of Centre 2,113.76 $ 1,197.69 $      -43.3 %
Apartment (3 bedrooms) in City Centre 5,358.34 $ 2,657.73 $      -50.4 %
Apartment (3 bedrooms) Outside of Centre 3,765.09 $ 1,858.89 $      -50.6 %
Buy Apartment Price
Miami, FL Edit Minneapolis, MN Edit
Price per Square Feet to Buy Apartment in City Centre 591.38 $ 304.09 $      -48.6 %
Price per Square Feet to Buy Apartment Outside of Centre 363.60 $ 233.75 $      -35.7 %
Salaries And Financing
Miami, FL Edit Minneapolis, MN Edit
Average Monthly Net Salary (After Tax) 4,318.32 $ 4,604.53 $      +6.6 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.58 6.54      -0.6 %
Last update: May 2024May 2024
Contributors in the past 12 months:15099