Cost of Living Comparison Between Minneapolis, MN and Raleigh, NC 
| Indices Difference |  |
|---|---|
| Consumer Prices in Raleigh, NC are 5.6% higher than in Minneapolis, MN (without rent) | |
| Consumer Prices Including Rent in Raleigh, NC are 16.3% higher than in Minneapolis, MN | |
| Rent Prices in Raleigh, NC are 39.6% higher than in Minneapolis, MN | |
| Restaurant Prices in Raleigh, NC are 5.9% higher than in Minneapolis, MN | |
| Groceries Prices in Raleigh, NC are 0.6% higher than in Minneapolis, MN | |
| Local Purchasing Power in Raleigh, NC is 14.5% lower than in Minneapolis, MN | |
Restaurants | Minneapolis, MN Edit |
Raleigh, NC Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant | 20.00 $ | 20.00 $ | 0.0 % |
| Meal for 2 People, Mid-range Restaurant, Three-course | 77.50 $ | 90.00 $ | +16.1 % |
| McMeal at McDonalds (or Equivalent Combo Meal) | 10.00 $ | 11.50 $ | +15.0 % |
| Domestic Beer (1 pint draught) | 7.00 $ | 6.25 $ | -10.7 % |
| Imported Beer (12 oz small bottle) | 7.00 $ | 7.50 $ | +7.1 % |
| Cappuccino (regular) | 5.68 $ | 5.47 $ | -3.8 % |
| Coke/Pepsi (12 oz small bottle) | 2.87 $ | 2.85 $ | -0.8 % |
| Water (12 oz small bottle) | 2.13 $ | 2.37 $ | +11.0 % |
Markets | Minneapolis, MN Edit |
Raleigh, NC Edit | |
| Milk (regular), (1 gallon) | 3.70 $ | 3.65 $ | -1.3 % |
| Loaf of Fresh White Bread (1 lb) | 3.65 $ | 3.79 $ | +3.9 % |
| Rice (white), (1 lb) | 2.24 $ | 2.54 $ | +13.5 % |
| Eggs (regular) (12) | 3.62 $ | 4.09 $ | +13.0 % |
| Local Cheese (1 lb) | 5.33 $ | 6.38 $ | +19.6 % |
| Chicken Fillets (1 lb) | 6.40 $ | 5.29 $ | -17.4 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 7.58 $ | 8.28 $ | +9.2 % |
| Apples (1 lb) | 2.70 $ | 2.59 $ | -3.8 % |
| Banana (1 lb) | 0.91 $ | 0.72 $ | -20.5 % |
| Oranges (1 lb) | 2.17 $ | 2.87 $ | +32.2 % |
| Tomato (1 lb) | 2.88 $ | 2.24 $ | -22.3 % |
| Potato (1 lb) | 1.43 $ | 1.44 $ | +0.9 % |
| Onion (1 lb) | 1.65 $ | 1.24 $ | -24.5 % |
| Lettuce (1 head) | 2.28 $ | 1.81 $ | -20.3 % |
| Water (1.5 liter bottle) | 1.91 $ | 3.04 $ | +59.5 % |
| Bottle of Wine (Mid-Range) | 15.00 $ | 15.00 $ | 0.0 % |
| Domestic Beer (0.5 liter bottle) | 2.13 $ | 1.93 $ | -9.7 % |
| Imported Beer (12 oz small bottle) | 3.91 $ | 3.61 $ | -7.8 % |
| Cigarettes 20 Pack (Marlboro) | 10.00 $ | 7.50 $ | -25.0 % |
Transportation | Minneapolis, MN Edit |
Raleigh, NC Edit | |
| One-way Ticket (Local Transport) | 2.50 $ | 2.25 $ | -10.0 % |
| Monthly Pass (Regular Price) | 90.00 $ | 60.00 $ | -33.3 % |
| Taxi Start (Normal Tariff) | 5.00 $ | 2.50 $ | -50.0 % |
| Taxi 1 mile (Normal Tariff) | 1.75 $ | 2.50 $ | +42.9 % |
| Taxi 1hour Waiting (Normal Tariff) | 37.00 $ | 15.00 $ | -59.5 % |
| Gasoline (1 gallon) | 3.45 $ | 3.60 $ | +4.4 % |
| 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 $ | 25,857.40 $ | -0.3 % |
Utilities (Monthly) | Minneapolis, MN Edit |
Raleigh, NC Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 168.36 $ | 256.77 $ | +52.5 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 51.08 $ | 68.73 $ | +34.6 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 65.32 $ | 84.29 $ | +29.1 % |
Sports And Leisure | Minneapolis, MN Edit |
Raleigh, NC Edit | |
| Fitness Club, Monthly Fee for 1 Adult | 30.00 $ | 40.40 $ | +34.7 % |
| Tennis Court Rent (1 Hour on Weekend) | 26.67 $ | 34.00 $ | +27.5 % |
| Cinema, International Release, 1 Seat | 14.50 $ | 14.75 $ | +1.7 % |
Childcare | Minneapolis, MN Edit |
Raleigh, NC Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 1,450.00 $ | 1,413.33 $ | -2.5 % |
| International Primary School, Yearly for 1 Child | 24,406.67 $ | 22,111.00 $ | -9.4 % |
Clothing And Shoes | Minneapolis, MN Edit |
Raleigh, NC Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 60.58 $ | 60.43 $ | -0.2 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 45.00 $ | 51.00 $ | +13.3 % |
| 1 Pair of Nike Running Shoes (Mid-Range) | 91.00 $ | 102.71 $ | +12.9 % |
| 1 Pair of Men Leather Business Shoes | 121.25 $ | 140.77 $ | +16.1 % |
Rent Per Month | Minneapolis, MN Edit |
Raleigh, NC Edit | |
| Apartment (1 bedroom) in City Centre | 1,629.62 $ | 2,007.42 $ | +23.2 % |
| Apartment (1 bedroom) Outside of Centre | 1,197.69 $ | 1,665.14 $ | +39.0 % |
| Apartment (3 bedrooms) in City Centre | 2,657.73 $ | 3,614.48 $ | +36.0 % |
| Apartment (3 bedrooms) Outside of Centre | 1,858.89 $ | 2,963.77 $ | +59.4 % |
Buy Apartment Price | Minneapolis, MN Edit |
Raleigh, NC Edit | |
| Price per Square Feet to Buy Apartment in City Centre | 304.09 $ | 867.42 $ | +185.3 % |
| Price per Square Feet to Buy Apartment Outside of Centre | 233.75 $ | 393.86 $ | +68.5 % |
Salaries And Financing | Minneapolis, MN Edit |
Raleigh, NC Edit | |
| Average Monthly Net Salary (After Tax) | 4,486.35 $ | 4,458.36 $ | -0.6 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.54 | 6.58 | +0.6 % |
| Last update: | April 2024 | April 2024 | |
| Contributors in the past 12 months: | 98 | 84 |
Moving to Minneapolis, MN? Explore:
Moving to Raleigh, NC? Explore:
Cities near Minneapolis, MN: | Cost of Living in Saint Paul, Minnesota | 8.84 miles |
| Cost of Living in Neillsville, Wisconsin | 146.10 miles |
| Cost of Living in Duluth, Minnesota | 154.36 miles |
| Cost of Living in Watertown, South Dakota | 203.67 miles |
| Cost of Living in Stevens Point, Wisconsin | 204.53 miles |
| Cost of Living in Oelwein, Iowa | 233.60 miles |
| Cost of Living in Des Moines, Iowa | 243.50 miles |
Cities near Raleigh, NC: | Cost of Living in Durham, North Carolina | 25.07 miles |
| Cost of Living in Hope Mills, North Carolina | 72.42 miles |
| Cost of Living in Greensboro, North Carolina | 78.15 miles |
| Cost of Living in Winston-Salem, North Carolina | 104.00 miles |
| Cost of Living in Wilmington, North Carolina | 130.45 miles |
| Cost of Living in Richmond, Virginia | 156.89 miles |
| Cost of Living in Roanoke, Virginia | 164.31 miles |
| Cost of Living in Charlotte, North Carolina | 165.00 miles |
| Cost of Living in Chesapeake, Virginia | 181.68 miles |
| Cost of Living in Norfolk, Virginia | 182.87 miles |