Cost of Living in Minneapolis
Summary about cost of living in Minneapolis:
- Four-person family monthly costs: 3,752.59$ without rent (using our estimator).
- A single person monthly costs: 1,044.30$ without rent.
- Cost of living index in Minneapolis is 19.06% lower than in New York.
- Rent in Minneapolis is, on average, 56.61% lower than in New York.
- Cost of living rank 33th out of 487 cities in the world.
- Minneapolis has a cost of living index of 80.94.
| Restaurants | [ Edit ] | Range |
|---|---|---|
| Meal, Inexpensive Restaurant | 15.00 $ | |
| Meal for 2 People, Mid-range Restaurant, Three-course | 70.00 $ | |
| McMeal at McDonalds (or Equivalent Combo Meal) | 7.50 $ | |
| Domestic Beer (1 pint draught) | 6.00 $ | |
| Imported Beer (12 oz small bottle) | 6.50 $ | |
| Cappuccino (regular) | 4.28 $ | |
| Coke/Pepsi (12 oz small bottle) | 1.94 $ | |
| Water (12 oz small bottle) | 1.45 $ | |
| Markets | [ Edit ] | |
| Milk (regular), (1 gallon) | 2.81 $ | |
| Loaf of Fresh White Bread (1 lb) | 2.79 $ | |
| Rice (white), (1 lb) | 2.63 $ | |
| Eggs (regular) (12) | 2.00 $ | |
| Local Cheese (1 lb) | 4.74 $ | |
| Chicken Fillets (1 lb) | 5.38 $ | |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 6.35 $ | |
| Apples (1 lb) | 2.45 $ | |
| Banana (1 lb) | 0.76 $ | |
| Oranges (1 lb) | 2.00 $ | |
| Tomato (1 lb) | 2.00 $ | |
| Potato (1 lb) | 1.53 $ | |
| Onion (1 lb) | 1.71 $ | |
| Lettuce (1 head) | 1.76 $ | |
| Water (1.5 liter bottle) | 1.73 $ | |
| Bottle of Wine (Mid-Range) | 12.00 $ | |
| Domestic Beer (0.5 liter bottle) | 1.81 $ | |
| Imported Beer (12 oz small bottle) | 3.29 $ | |
| Cigarettes 20 Pack (Marlboro) | 9.99 $ | |
| Transportation | [ Edit ] | |
| One-way Ticket (Local Transport) | 2.50 $ | |
| Monthly Pass (Regular Price) | 90.00 $ | |
| Taxi Start (Normal Tariff) | 5.00 $ | |
| Taxi 1 mile (Normal Tariff) | 3.25 $ | |
| Taxi 1hour Waiting (Normal Tariff) | 27.50 $ | |
| Gasoline (1 gallon) | 2.55 $ | |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 23,000.00 $ | |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 21,002.47 $ | |
| Utilities (Monthly) | [ Edit ] | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 171.80 $ | |
| 1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) | 0.25 $ | |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 61.79 $ | |
| Sports And Leisure | [ Edit ] | |
| Fitness Club, Monthly Fee for 1 Adult | 58.27 $ | |
| Tennis Court Rent (1 Hour on Weekend) | 20.57 $ | |
| Cinema, International Release, 1 Seat | 12.00 $ | |
| Childcare | [ Edit ] | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 1,341.25 $ | |
| International Primary School, Yearly for 1 Child | 18,683.33 $ | |
| Clothing And Shoes | [ Edit ] | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 45.07 $ | |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 38.00 $ | |
| 1 Pair of Nike Running Shoes (Mid-Range) | 82.81 $ | |
| 1 Pair of Men Leather Business Shoes | 98.76 $ | |
| Rent Per Month | [ Edit ] | |
| Apartment (1 bedroom) in City Centre | 1,407.59 $ | |
| Apartment (1 bedroom) Outside of Centre | 1,087.10 $ | |
| Apartment (3 bedrooms) in City Centre | 2,541.07 $ | |
| Apartment (3 bedrooms) Outside of Centre | 1,749.12 $ | |
| Buy Apartment Price | [ Edit ] | |
| Price per Square Feet to Buy Apartment in City Centre | 291.12 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 167.10 $ | |
| Salaries And Financing | [ Edit ] | |
| Average Monthly Net Salary (After Tax) | 4,283.85 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.19 |
Prices in Minneapolis, Minnesota
These data are based on 1423 entries in the past 18 months from 199 different contributors.
Last update: May 2020
Last update: May 2020
Sources and References
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