Cost of Living Comparison Between Minneapolis, MN and Phoenix, AZ 

Indices DifferenceInfo
Consumer Prices in Phoenix, AZ are 6.3% lower than in Minneapolis, MN (without rent)
Consumer Prices Including Rent in Phoenix, AZ are 1.7% lower than in Minneapolis, MN
Rent Prices in Phoenix, AZ are 8.6% higher than in Minneapolis, MN
Restaurant Prices in Phoenix, AZ are 1.2% lower than in Minneapolis, MN
Groceries Prices in Phoenix, AZ are 14.7% lower than in Minneapolis, MN
Local Purchasing Power in Phoenix, AZ is 3.3% higher than in Minneapolis, MN
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Minneapolis, MN Edit Phoenix, AZ Edit Difference
Meal, Inexpensive Restaurant 20.00 $ 19.99 $      -0.1 %
Meal for 2 People, Mid-range Restaurant, Three-course 77.50 $ 80.00 $      +3.2 %
McMeal at McDonalds (or Equivalent Combo Meal) 10.00 $ 10.00 $      0.0 %
Domestic Beer (1 pint draught) 7.00 $ 5.50 $      -21.4 %
Imported Beer (12 oz small bottle) 7.00 $ 6.38 $      -8.9 %
Cappuccino (regular) 5.68 $ 5.36 $      -5.6 %
Coke/Pepsi (12 oz small bottle) 2.87 $ 2.59 $      -9.7 %
Water (12 oz small bottle) 2.13 $ 1.94 $      -8.9 %
Markets
Minneapolis, MN Edit Phoenix, AZ Edit
Milk (regular), (1 gallon) 3.70 $ 3.45 $      -6.8 %
Loaf of Fresh White Bread (1 lb) 3.65 $ 3.34 $      -8.5 %
Rice (white), (1 lb) 2.24 $ 1.95 $      -13.0 %
Eggs (regular) (12) 3.62 $ 3.67 $      +1.3 %
Local Cheese (1 lb) 5.33 $ 4.91 $      -7.9 %
Chicken Fillets (1 lb) 6.40 $ 4.45 $      -30.6 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 7.58 $ 6.27 $      -17.3 %
Apples (1 lb) 2.70 $ 2.08 $      -22.8 %
Banana (1 lb) 0.91 $ 0.66 $      -27.5 %
Oranges (1 lb) 2.17 $ 1.84 $      -15.4 %
Tomato (1 lb) 2.88 $ 1.96 $      -32.0 %
Potato (1 lb) 1.43 $ 1.42 $      -1.0 %
Onion (1 lb) 1.65 $ 1.27 $      -22.8 %
Lettuce (1 head) 2.28 $ 1.85 $      -18.6 %
Water (1.5 liter bottle) 1.91 $ 2.43 $      +27.4 %
Bottle of Wine (Mid-Range) 15.00 $ 15.00 $      0.0 %
Domestic Beer (0.5 liter bottle) 2.13 $ 2.09 $      -2.2 %
Imported Beer (12 oz small bottle) 3.91 $ 4.51 $      +15.4 %
Cigarettes 20 Pack (Marlboro) 10.00 $ 9.00 $      -10.0 %
Transportation
Minneapolis, MN Edit Phoenix, AZ Edit
One-way Ticket (Local Transport) 2.50 $ 2.00 $      -20.0 %
Monthly Pass (Regular Price) 90.00 $ 55.00 $      -38.9 %
Taxi Start (Normal Tariff) 5.00 $ 2.75 $      -45.0 %
Taxi 1 mile (Normal Tariff) 1.75 $ 2.20 $      +25.7 %
Taxi 1hour Waiting (Normal Tariff) 37.00 $ 36.00 $      -2.7 %
Gasoline (1 gallon) 3.45 $ 4.05 $      +17.4 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 32,946.00 $ 30,000.00 $      -8.9 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 25,926.47 $ 27,595.23 $      +6.4 %
Utilities (Monthly)
Minneapolis, MN Edit Phoenix, AZ Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 168.36 $ 236.80 $      +40.6 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 51.08 $ 69.60 $      +36.3 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 65.32 $ 68.91 $      +5.5 %
Sports And Leisure
Minneapolis, MN Edit Phoenix, AZ Edit
Fitness Club, Monthly Fee for 1 Adult 30.00 $ 26.62 $      -11.3 %
Tennis Court Rent (1 Hour on Weekend) 26.67 $ 19.33 $      -27.5 %
Cinema, International Release, 1 Seat 14.50 $ 12.75 $      -12.1 %
Childcare
Minneapolis, MN Edit Phoenix, AZ Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 1,450.00 $ 1,142.86 $      -21.2 %
International Primary School, Yearly for 1 Child 24,406.67 $ 10,400.00 $      -57.4 %
Clothing And Shoes
Minneapolis, MN Edit Phoenix, AZ Edit
1 Pair of Jeans (Levis 501 Or Similar) 60.58 $ 46.67 $      -23.0 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 45.00 $ 39.44 $      -12.3 %
1 Pair of Nike Running Shoes (Mid-Range) 91.00 $ 86.67 $      -4.8 %
1 Pair of Men Leather Business Shoes 121.25 $ 110.72 $      -8.7 %
Rent Per Month
Minneapolis, MN Edit Phoenix, AZ Edit
Apartment (1 bedroom) in City Centre 1,629.62 $ 1,569.22 $      -3.7 %
Apartment (1 bedroom) Outside of Centre 1,197.69 $ 1,391.93 $      +16.2 %
Apartment (3 bedrooms) in City Centre 2,657.73 $ 2,677.23 $      +0.7 %
Apartment (3 bedrooms) Outside of Centre 1,858.89 $ 2,335.29 $      +25.6 %
Buy Apartment Price
Minneapolis, MN Edit Phoenix, AZ Edit
Price per Square Feet to Buy Apartment in City Centre 304.09 $ 319.48 $      +5.1 %
Price per Square Feet to Buy Apartment Outside of Centre 233.75 $ 268.51 $      +14.9 %
Salaries And Financing
Minneapolis, MN Edit Phoenix, AZ Edit
Average Monthly Net Salary (After Tax) 4,486.35 $ 4,557.29 $      +1.6 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.54 6.52      -0.3 %
Last update: April 2024May 2024
Contributors in the past 12 months:98151