Cost of Living Comparison Between Minneapolis, MN and New York, NY 

Indices DifferenceInfo
Consumer Prices in New York, NY are 35.5% higher than in Minneapolis, MN (without rent)
Consumer Prices Including Rent in New York, NY are 76.9% higher than in Minneapolis, MN
Rent Prices in New York, NY are 167.0% higher than in Minneapolis, MN
Restaurant Prices in New York, NY are 44.1% higher than in Minneapolis, MN
Groceries Prices in New York, NY are 25.1% higher than in Minneapolis, MN
Local Purchasing Power in New York, NY is 28.3% lower than in Minneapolis, MN
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Minneapolis, MN Edit New York, NY Edit Difference
Meal, Inexpensive Restaurant 20.00 $ 30.00 $      +50.0 %
Meal for 2 People, Mid-range Restaurant, Three-course 80.00 $ 130.00 $      +62.5 %
McMeal at McDonalds (or Equivalent Combo Meal) 10.00 $ 12.00 $      +20.0 %
Domestic Beer (1 pint draught) 7.00 $ 8.00 $      +14.3 %
Imported Beer (12 oz small bottle) 7.00 $ 11.00 $      +57.1 %
Cappuccino (regular) 5.65 $ 5.56 $      -1.5 %
Coke/Pepsi (12 oz small bottle) 2.87 $ 3.04 $      +5.9 %
Water (12 oz small bottle) 2.13 $ 2.29 $      +7.2 %
Markets
Minneapolis, MN Edit New York, NY Edit
Milk (regular), (1 gallon) 3.61 $ 5.76 $      +59.5 %
Loaf of Fresh White Bread (1 lb) 3.65 $ 4.29 $      +17.7 %
Rice (white), (1 lb) 2.27 $ 3.22 $      +41.7 %
Eggs (regular) (12) 3.62 $ 5.40 $      +48.9 %
Local Cheese (1 lb) 5.10 $ 7.57 $      +48.4 %
Chicken Fillets (1 lb) 6.06 $ 6.97 $      +15.1 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 7.69 $ 8.64 $      +12.4 %
Apples (1 lb) 2.77 $ 3.06 $      +10.3 %
Banana (1 lb) 0.94 $ 0.92 $      -1.9 %
Oranges (1 lb) 2.12 $ 2.66 $      +25.4 %
Tomato (1 lb) 2.73 $ 2.81 $      +3.3 %
Potato (1 lb) 1.45 $ 1.81 $      +25.5 %
Onion (1 lb) 1.59 $ 1.63 $      +2.6 %
Lettuce (1 head) 2.28 $ 2.88 $      +26.3 %
Water (1.5 liter bottle) 1.75 $ 2.41 $      +37.4 %
Bottle of Wine (Mid-Range) 15.00 $ 20.00 $      +33.3 %
Domestic Beer (0.5 liter bottle) 2.13 $ 2.53 $      +18.5 %
Imported Beer (12 oz small bottle) 3.91 $ 3.81 $      -2.7 %
Cigarettes 20 Pack (Marlboro) 10.00 $ 17.00 $      +70.0 %
Transportation
Minneapolis, MN Edit New York, NY Edit
One-way Ticket (Local Transport) 2.50 $ 2.90 $      +16.0 %
Monthly Pass (Regular Price) 90.00 $ 132.00 $      +46.7 %
Taxi Start (Normal Tariff) 5.00 $ 5.00 $      0.0 %
Taxi 1 mile (Normal Tariff) 1.75 $ 3.50 $      +100.0 %
Taxi 1hour Waiting (Normal Tariff) 37.00 $ 30.00 $      -18.9 %
Gasoline (1 gallon) 3.50 $ 3.89 $      +11.2 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 32,946.00 $ 28,000.00 $      -15.0 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 25,926.47 $ 27,049.17 $      +4.3 %
Utilities (Monthly)
Minneapolis, MN Edit New York, NY Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 168.36 $ 178.15 $      +5.8 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 51.08 $ 64.70 $      +26.7 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 65.32 $ 69.77 $      +6.8 %
Sports And Leisure
Minneapolis, MN Edit New York, NY Edit
Fitness Club, Monthly Fee for 1 Adult 30.00 $ 132.14 $      +340.5 %
Tennis Court Rent (1 Hour on Weekend) 26.67 $ 74.17 $      +178.1 %
Cinema, International Release, 1 Seat 14.00 $ 20.00 $      +42.9 %
Childcare
Minneapolis, MN Edit New York, NY Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,450.00 $ 3,065.64 $      +111.4 %
International Primary School, Yearly for 1 Child 24,406.67 $ 63,250.00 $      +159.2 %
Clothing And Shoes
Minneapolis, MN Edit New York, NY Edit
1 Pair of Jeans (Levis 501 Or Similar) 62.68 $ 69.52 $      +10.9 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 45.00 $ 45.42 $      +0.9 %
1 Pair of Nike Running Shoes (Mid-Range) 91.00 $ 96.00 $      +5.5 %
1 Pair of Men Leather Business Shoes 121.25 $ 161.86 $      +33.5 %
Rent Per Month
Minneapolis, MN Edit New York, NY Edit
Apartment (1 bedroom) in City Centre 1,629.62 $ 4,162.14 $      +155.4 %
Apartment (1 bedroom) Outside of Centre 1,197.69 $ 2,839.97 $      +137.1 %
Apartment (3 bedrooms) in City Centre 2,657.73 $ 8,250.20 $      +210.4 %
Apartment (3 bedrooms) Outside of Centre 1,858.89 $ 4,353.33 $      +134.2 %
Buy Apartment Price
Minneapolis, MN Edit New York, NY Edit
Price per Square Feet to Buy Apartment in City Centre 304.09 $ 1,644.57 $      +440.8 %
Price per Square Feet to Buy Apartment Outside of Centre 233.75 $ 1,091.71 $      +367.0 %
Salaries And Financing
Minneapolis, MN Edit New York, NY Edit
Average Monthly Net Salary (After Tax) 4,531.61 $ 5,750.71 $      +26.9 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.54 6.65      +1.7 %
Last update: April 2024April 2024
Contributors in the past 12 months:101500