Cost of Living Comparison Between New York, NY and Minneapolis, MN 
| Indices Difference |  |
|---|---|
| Consumer Prices in Minneapolis, MN are 28.4% lower than in New York, NY (without rent) | |
| Consumer Prices Including Rent in Minneapolis, MN are 47.1% lower than in New York, NY | |
| Rent Prices in Minneapolis, MN are 66.4% lower than in New York, NY | |
| Restaurant Prices in Minneapolis, MN are 31.5% lower than in New York, NY | |
| Groceries Prices in Minneapolis, MN are 20.0% lower than in New York, NY | |
| Local Purchasing Power in Minneapolis, MN is 46.7% higher than in New York, NY | |
Restaurants | New York, NY Edit |
Minneapolis, MN Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant | 30.00 $ | 20.00 $ | -33.3 % |
| Meal for 2 People, Mid-range Restaurant, Three-course | 130.00 $ | 77.50 $ | -40.4 % |
| McMeal at McDonalds (or Equivalent Combo Meal) | 12.00 $ | 10.00 $ | -16.7 % |
| Domestic Beer (1 pint draught) | 8.00 $ | 7.00 $ | -12.5 % |
| Imported Beer (12 oz small bottle) | 11.00 $ | 7.00 $ | -36.4 % |
| Cappuccino (regular) | 5.72 $ | 5.68 $ | -0.6 % |
| Coke/Pepsi (12 oz small bottle) | 3.17 $ | 2.87 $ | -9.4 % |
| Water (12 oz small bottle) | 2.33 $ | 2.13 $ | -8.5 % |
Markets | New York, NY Edit |
Minneapolis, MN Edit | |
| Milk (regular), (1 gallon) | 5.65 $ | 3.70 $ | -34.5 % |
| Loaf of Fresh White Bread (1 lb) | 4.39 $ | 3.65 $ | -16.9 % |
| Rice (white), (1 lb) | 3.40 $ | 2.24 $ | -34.1 % |
| Eggs (regular) (12) | 5.22 $ | 3.62 $ | -30.5 % |
| Local Cheese (1 lb) | 7.64 $ | 5.33 $ | -30.2 % |
| Chicken Fillets (1 lb) | 6.93 $ | 6.40 $ | -7.7 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 8.99 $ | 7.58 $ | -15.7 % |
| Apples (1 lb) | 3.10 $ | 2.70 $ | -13.1 % |
| Banana (1 lb) | 0.96 $ | 0.91 $ | -5.5 % |
| Oranges (1 lb) | 2.53 $ | 2.17 $ | -14.1 % |
| Tomato (1 lb) | 2.93 $ | 2.88 $ | -1.4 % |
| Potato (1 lb) | 1.81 $ | 1.43 $ | -20.7 % |
| Onion (1 lb) | 1.69 $ | 1.65 $ | -2.6 % |
| Lettuce (1 head) | 2.95 $ | 2.28 $ | -22.8 % |
| Water (1.5 liter bottle) | 2.52 $ | 1.91 $ | -24.4 % |
| Bottle of Wine (Mid-Range) | 20.00 $ | 15.00 $ | -25.0 % |
| Domestic Beer (0.5 liter bottle) | 2.53 $ | 2.13 $ | -15.6 % |
| Imported Beer (12 oz small bottle) | 3.86 $ | 3.91 $ | +1.5 % |
| Cigarettes 20 Pack (Marlboro) | 17.00 $ | 10.00 $ | -41.2 % |
Transportation | New York, NY Edit |
Minneapolis, MN Edit | |
| One-way Ticket (Local Transport) | 2.90 $ | 2.50 $ | -13.8 % |
| Monthly Pass (Regular Price) | 132.00 $ | 90.00 $ | -31.8 % |
| Taxi Start (Normal Tariff) | 5.00 $ | 5.00 $ | 0.0 % |
| Taxi 1 mile (Normal Tariff) | 3.50 $ | 1.75 $ | -50.0 % |
| Taxi 1hour Waiting (Normal Tariff) | 34.00 $ | 37.00 $ | +8.8 % |
| Gasoline (1 gallon) | 3.85 $ | 3.45 $ | -10.5 % |
| 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) | 28,356.86 $ | 25,926.47 $ | -8.6 % |
Utilities (Monthly) | New York, NY Edit |
Minneapolis, MN Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 187.85 $ | 168.36 $ | -10.4 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data | 68.17 $ | 51.08 $ | -25.1 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 71.82 $ | 65.32 $ | -9.1 % |
Sports And Leisure | New York, NY Edit |
Minneapolis, MN Edit | |
| Fitness Club, Monthly Fee for 1 Adult | 147.95 $ | 30.00 $ | -79.7 % |
| Tennis Court Rent (1 Hour on Weekend) | 93.12 $ | 26.67 $ | -71.4 % |
| Cinema, International Release, 1 Seat | 20.00 $ | 14.50 $ | -27.5 % |
Childcare | New York, NY Edit |
Minneapolis, MN Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 3,123.56 $ | 1,450.00 $ | -53.6 % |
| International Primary School, Yearly for 1 Child | 58,000.00 $ | 24,406.67 $ | -57.9 % |
Clothing And Shoes | New York, NY Edit |
Minneapolis, MN Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 72.17 $ | 60.58 $ | -16.1 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 48.24 $ | 45.00 $ | -6.7 % |
| 1 Pair of Nike Running Shoes (Mid-Range) | 101.23 $ | 91.00 $ | -10.1 % |
| 1 Pair of Men Leather Business Shoes | 169.09 $ | 121.25 $ | -28.3 % |
Rent Per Month | New York, NY Edit |
Minneapolis, MN Edit | |
| Apartment (1 bedroom) in City Centre | 4,443.59 $ | 1,629.62 $ | -63.3 % |
| Apartment (1 bedroom) Outside of Centre | 3,069.19 $ | 1,197.69 $ | -61.0 % |
| Apartment (3 bedrooms) in City Centre | 9,388.10 $ | 2,657.73 $ | -71.7 % |
| Apartment (3 bedrooms) Outside of Centre | 4,940.69 $ | 1,858.89 $ | -62.4 % |
Buy Apartment Price | New York, NY Edit |
Minneapolis, MN Edit | |
| Price per Square Feet to Buy Apartment in City Centre | 1,866.77 $ | 304.09 $ | -83.7 % |
| Price per Square Feet to Buy Apartment Outside of Centre | 1,424.60 $ | 233.75 $ | -83.6 % |
Salaries And Financing | New York, NY Edit |
Minneapolis, MN Edit | |
| Average Monthly Net Salary (After Tax) | 5,935.70 $ | 4,604.53 $ | -22.4 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.82 | 6.54 | -4.2 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 497 | 99 |
Moving to New York, NY? Explore:
Moving to Minneapolis, MN? Explore:
Cities near New York, NY: | Cost of Living in Jersey City, New Jersey | 4.58 miles |
| Cost of Living in East Rutherford, New Jersey | 10.01 miles |
| Cost of Living in Rutherford, New Jersey | 10.22 miles |
| Cost of Living in Newark, New Jersey | 11.63 miles |
| Cost of Living in Paterson, New Jersey | 17.95 miles |
| Cost of Living in Bergen County, New Jersey | 20.13 miles |
| Cost of Living in Hempstead, New York | 22.26 miles |
| Cost of Living in West Caldwell, New Jersey | 23.56 miles |
| Cost of Living in Woodbridge, New Jersey | 25.26 miles |
| Cost of Living in Parsippany-Troy Hills, New Jersey | 30.18 miles |
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 |