Austin, TX vs Minneapolis, MN
Cost of Living Comparison
Austin, TX is more affordable by 6.8 index points
Side-by-Side Comparison
| Category | Austin, TX | Minneapolis, MN | Difference |
|---|---|---|---|
| Overall | 98.1 | 104.8 | -6.8 |
| Housing | 120.4 | 111.8 | +8.5 |
| Goods | 93.8 | 103.1 | -9.3 |
| Utilities | 82.0 | 93.5 | -11.4 |
| Other Services | 96.2 | 104.4 | -8.2 |
Income & Housing Comparison
| Metric | Austin, TX | Minneapolis, MN |
|---|---|---|
| Median Household Income | $92,939 | $94,673 |
| Median Home Value | $390,500 | $334,200 |
| Median Monthly Rent | $1,529 | $1,324 |
| Per Capita Income | $49,787 | $49,334 |
Frequently Asked Questions
Is Austin, TX or Minneapolis, MN cheaper to live in?
Austin, TX is more affordable. The cost of living difference is 6.8 index points (Austin, TX: 98.1, Minneapolis, MN: 104.8).
Where is housing cheaper, Austin, TX or Minneapolis, MN?
Housing is more affordable in Minneapolis, MN. Housing index: Austin, TX (120.4) vs Minneapolis, MN (111.8).