Miami, FL vs Minneapolis, MN
Cost of Living Comparison
Minneapolis, MN is more affordable by 9.3 index points
Side-by-Side Comparison
| Category | Miami, FL | Minneapolis, MN | Difference |
|---|---|---|---|
| Overall | 114.2 | 104.8 | +9.3 |
| Housing | 155.6 | 111.8 | +43.7 |
| Goods | 103.6 | 103.1 | +0.5 |
| Utilities | 97.2 | 93.5 | +3.7 |
| Other Services | 109.1 | 104.4 | +4.7 |
Income & Housing Comparison
| Metric | Miami, FL | Minneapolis, MN |
|---|---|---|
| Median Household Income | $69,085 | $94,673 |
| Median Home Value | $369,500 | $334,200 |
| Median Monthly Rent | $1,657 | $1,324 |
| Per Capita Income | $39,957 | $49,334 |
Frequently Asked Questions
Is Miami, FL or Minneapolis, MN cheaper to live in?
Minneapolis, MN is more affordable. The cost of living difference is 9.3 index points (Miami, FL: 114.2, Minneapolis, MN: 104.8).
Where is housing cheaper, Miami, FL or Minneapolis, MN?
Housing is more affordable in Minneapolis, MN. Housing index: Miami, FL (155.6) vs Minneapolis, MN (111.8).