Minneapolis, MN vs Raleigh, NC
Cost of Living Comparison
Raleigh, NC is more affordable by 6.7 index points
Side-by-Side Comparison
| Category | Minneapolis, MN | Raleigh, NC | Difference |
|---|---|---|---|
| Overall | 104.8 | 98.2 | +6.7 |
| Housing | 111.8 | 103.5 | +8.4 |
| Goods | 103.1 | 96.6 | +6.4 |
| Utilities | 93.5 | 89.0 | +4.5 |
| Other Services | 104.4 | 98.2 | +6.2 |
Income & Housing Comparison
| Metric | Minneapolis, MN | Raleigh, NC |
|---|---|---|
| Median Household Income | $94,673 | $91,818 |
| Median Home Value | $334,200 | $347,600 |
| Median Monthly Rent | $1,324 | $1,366 |
| Per Capita Income | $49,334 | $47,031 |
Frequently Asked Questions
Is Minneapolis, MN or Raleigh, NC cheaper to live in?
Raleigh, NC is more affordable. The cost of living difference is 6.7 index points (Minneapolis, MN: 104.8, Raleigh, NC: 98.2).
Where is housing cheaper, Minneapolis, MN or Raleigh, NC?
Housing is more affordable in Raleigh, NC. Housing index: Minneapolis, MN (111.8) vs Raleigh, NC (103.5).