Cost of Living Comparison Between Minneapolis, MN and Austin, TX 

Indices DifferenceInfo
Consumer Prices in Austin, TX are 5.2% lower than in Minneapolis, MN (without rent)
Consumer Prices Including Rent in Austin, TX are 11.8% higher than in Minneapolis, MN
Rent Prices in Austin, TX are 49.4% higher than in Minneapolis, MN
Restaurant Prices in Austin, TX are 1.5% higher than in Minneapolis, MN
Groceries Prices in Austin, TX are 10.6% lower than in Minneapolis, MN
Local Purchasing Power in Austin, TX is 10.2% higher than in Minneapolis, MN
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Minneapolis, MN Edit Austin, TX Edit Difference
Meal, Inexpensive Restaurant 20.00 $ 20.00 $      0.0 %
Meal for 2 People, Mid-range Restaurant, Three-course 80.00 $ 85.00 $      +6.2 %
McMeal at McDonalds (or Equivalent Combo Meal) 10.00 $ 10.00 $      0.0 %
Domestic Beer (1 pint draught) 7.00 $ 6.00 $      -14.3 %
Imported Beer (12 oz small bottle) 7.00 $ 8.00 $      +14.3 %
Cappuccino (regular) 5.68 $ 5.38 $      -5.3 %
Coke/Pepsi (12 oz small bottle) 2.93 $ 2.78 $      -5.1 %
Water (12 oz small bottle) 2.18 $ 2.24 $      +2.7 %
Markets
Minneapolis, MN Edit Austin, TX Edit
Milk (regular), (1 gallon) 3.61 $ 3.97 $      +9.9 %
Loaf of Fresh White Bread (1 lb) 3.64 $ 3.19 $      -12.3 %
Rice (white), (1 lb) 2.27 $ 1.40 $      -38.3 %
Eggs (regular) (12) 3.62 $ 3.38 $      -6.8 %
Local Cheese (1 lb) 5.10 $ 6.02 $      +18.1 %
Chicken Fillets (1 lb) 6.06 $ 5.41 $      -10.7 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 7.69 $ 6.87 $      -10.6 %
Apples (1 lb) 2.77 $ 2.64 $      -4.9 %
Banana (1 lb) 0.94 $ 0.71 $      -24.6 %
Oranges (1 lb) 2.12 $ 1.98 $      -6.3 %
Tomato (1 lb) 2.73 $ 1.61 $      -41.0 %
Potato (1 lb) 1.45 $ 1.27 $      -11.8 %
Onion (1 lb) 1.59 $ 1.23 $      -22.6 %
Lettuce (1 head) 2.28 $ 1.91 $      -16.0 %
Water (1.5 liter bottle) 1.75 $ 2.03 $      +15.7 %
Bottle of Wine (Mid-Range) 14.00 $ 14.67 $      +4.8 %
Domestic Beer (0.5 liter bottle) 2.13 $ 2.07 $      -2.9 %
Imported Beer (12 oz small bottle) 3.91 $ 3.49 $      -10.8 %
Cigarettes 20 Pack (Marlboro) 9.75 $ 8.00 $      -17.9 %
Transportation
Minneapolis, MN Edit Austin, TX Edit
One-way Ticket (Local Transport) 2.50 $ 1.50 $      -40.0 %
Monthly Pass (Regular Price) 90.00 $ 45.00 $      -50.0 %
Taxi Start (Normal Tariff) 5.00 $ 3.50 $      -30.0 %
Taxi 1 mile (Normal Tariff) 1.75 $ 2.88 $      +64.3 %
Taxi 1hour Waiting (Normal Tariff) 37.00 $ 35.00 $      -5.4 %
Gasoline (1 gallon) 3.50 $ 3.07 $      -12.3 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 32,946.00 $ 35,639.19 $      +8.2 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 25,926.47 $ 25,975.95 $      +0.2 %
Utilities (Monthly)
Minneapolis, MN Edit Austin, TX Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 165.73 $ 175.67 $      +6.0 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 49.50 $ 61.40 $      +24.0 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 64.78 $ 66.20 $      +2.2 %
Sports And Leisure
Minneapolis, MN Edit Austin, TX Edit
Fitness Club, Monthly Fee for 1 Adult 42.50 $ 54.64 $      +28.6 %
Tennis Court Rent (1 Hour on Weekend) 35.00 $ 17.50 $      -50.0 %
Cinema, International Release, 1 Seat 14.00 $ 15.00 $      +7.1 %
Childcare
Minneapolis, MN Edit Austin, TX Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,650.00 $ 1,488.75 $      -9.8 %
International Primary School, Yearly for 1 Child 24,406.67 $ 21,560.00 $      -11.7 %
Clothing And Shoes
Minneapolis, MN Edit Austin, TX Edit
1 Pair of Jeans (Levis 501 Or Similar) 62.68 $ 62.88 $      +0.3 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 45.00 $ 56.68 $      +26.0 %
1 Pair of Nike Running Shoes (Mid-Range) 91.14 $ 97.16 $      +6.6 %
1 Pair of Men Leather Business Shoes 117.14 $ 131.05 $      +11.9 %
Rent Per Month
Minneapolis, MN Edit Austin, TX Edit
Apartment (1 bedroom) in City Centre 1,629.62 $ 2,244.23 $      +37.7 %
Apartment (1 bedroom) Outside of Centre 1,197.69 $ 1,532.76 $      +28.0 %
Apartment (3 bedrooms) in City Centre 2,657.73 $ 4,532.72 $      +70.5 %
Apartment (3 bedrooms) Outside of Centre 1,858.89 $ 2,659.09 $      +43.0 %
Buy Apartment Price
Minneapolis, MN Edit Austin, TX Edit
Price per Square Feet to Buy Apartment in City Centre 304.09 $ 368.17 $      +21.1 %
Price per Square Feet to Buy Apartment Outside of Centre 233.75 $ 249.25 $      +6.6 %
Salaries And Financing
Minneapolis, MN Edit Austin, TX Edit
Average Monthly Net Salary (After Tax) 4,531.61 $ 5,587.71 $      +23.3 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.54 6.62      +1.3 %
Last update: April 2024April 2024
Contributors in the past 12 months:100179