Cost of Living in Minneapolis
Summary about cost of living in Minneapolis, MN, United States:
- Family of four estimated monthly costs are 3,875.42$ without rent (using our estimator).
- A single person estimated monthly costs are 1,077.73$ without rent.
- Cost of living index in Minneapolis is 17.20% lower than in New York.
- Rent in Minneapolis is, on average, 57.58% lower than in New York.
Restaurants | [ Edit ] | Range |
|---|---|---|
| Meal, Inexpensive Restaurant | 16.85 $ | |
| 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) | 7.00 $ | |
| Cappuccino (regular) | 4.32 $ | |
| Coke/Pepsi (12 oz small bottle) | 1.91 $ | |
| Water (12 oz small bottle) | 1.45 $ | |
Markets | [ Edit ] | |
| Milk (regular), (1 gallon) | 3.05 $ | |
| Loaf of Fresh White Bread (1 lb) | 2.70 $ | |
| Rice (white), (1 lb) | 2.74 $ | |
| Eggs (regular) (12) | 2.09 $ | |
| Local Cheese (1 lb) | 4.34 $ | |
| Chicken Fillets (1 lb) | 5.72 $ | |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) | 6.67 $ | |
| Apples (1 lb) | 2.67 $ | |
| Banana (1 lb) | 0.68 $ | |
| Oranges (1 lb) | 2.44 $ | |
| Tomato (1 lb) | 1.92 $ | |
| Potato (1 lb) | 1.66 $ | |
| Onion (1 lb) | 1.82 $ | |
| Lettuce (1 head) | 1.63 $ | |
| Water (1.5 liter bottle) | 2.08 $ | |
| Bottle of Wine (Mid-Range) | 12.00 $ | |
| Domestic Beer (0.5 liter bottle) | 2.30 $ | |
| Imported Beer (12 oz small bottle) | 3.78 $ | |
| Cigarettes 20 Pack (Marlboro) | 9.53 $ | |
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) | 2.50 $ | |
| Taxi 1hour Waiting (Normal Tariff) | 27.50 $ | |
| Gasoline (1 gallon) | 2.30 $ | |
| 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) | 22,384.82 $ | |
Utilities (Monthly) | [ Edit ] | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment | 172.25 $ | |
| 1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) | 0.25 $ | |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 60.63 $ | |
Sports And Leisure | [ Edit ] | |
| Fitness Club, Monthly Fee for 1 Adult | 61.17 $ | |
| Tennis Court Rent (1 Hour on Weekend) | 17.12 $ | |
| Cinema, International Release, 1 Seat | 12.00 $ | |
Childcare | [ Edit ] | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 1,330.00 $ | |
| International Primary School, Yearly for 1 Child | 18,683.33 $ | |
Clothing And Shoes | [ Edit ] | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 45.54 $ | |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 37.94 $ | |
| 1 Pair of Nike Running Shoes (Mid-Range) | 83.38 $ | |
| 1 Pair of Men Leather Business Shoes | 97.35 $ | |
Rent Per Month | [ Edit ] | |
| Apartment (1 bedroom) in City Centre | 1,416.50 $ | |
| Apartment (1 bedroom) Outside of Centre | 1,116.26 $ | |
| Apartment (3 bedrooms) in City Centre | 2,445.65 $ | |
| Apartment (3 bedrooms) Outside of Centre | 1,749.77 $ | |
Buy Apartment Price | [ Edit ] | |
| Price per Square Feet to Buy Apartment in City Centre | 321.35 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 172.25 $ | |
Salaries And Financing | [ Edit ] | |
| Average Monthly Net Salary (After Tax) | 4,327.33 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.00 |
Prices in Minneapolis, Minnesota
This city had 1306 entries in the past 12 months by 167 different contributors.
Last update: November 2020
Last update: November 2020
Sources and References
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Nearby cities:
| 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 |
This page in other languages:
DeutschLebenshaltungskosten in Minneapolis
PortuguêsCusto de Vida em Minneapolis
ItalianoCosto della Vita a Minneapolis
FrançaisCoût de la Vie à Minneapolis
EspañolCosto de Vida en Mineápolis
Leave a comment:
4 Comments so far
Rebecca
on Jan 15, 2020:
I find the cost of basic utilities misleading because it's for a 915-sq-ft apartment. I don't know about elsewhere, but in Minneapolis in most apartments, heat, water, sewer, and garbage are paid by the landlord/management company. Of course, that means it's included in the rent; nevertheless, the cost of heating a single-family house, plus the other basic utilities of water/sewer/garbage hauling, electricity, and AC is much higher than $160/month. My father living alone in a 1700-sq-ft well-insulated house had combined utilities of $450+. The cost for his garbage hauling alone was $76/month, almost half of the supposed total cost of basic utilities.
Ryan Adams
on Oct 18, 2019:
#Don # Scott - See the 'Healthcare' tab in the ribbon.
Scott Kara
on Dec 10, 2018:
I second that shit Don Butler! Let's be transparent here, ladies and gentlemen. Don't sugar coat it.
Don Butler
on Jul 03, 2017:
Apparently Health Care is free in all these cities. Well mostly everywhere except USA. Please include that because in your comparison the net purchasing power is subsrantially reduced in all other cities where it is provided by government. And funded primarily from Income Taxes