Minneapolis, MN
Minneapolis-St. Paul-Bloomington, MN-WI Metro Area
Figures are medians for the whole Minneapolis-St. Paul-Bloomington, MN-WI Metro Area, not the city proper.
Among the 300 U.S. metros CityLedger tracks, Minneapolis ranks 31st for affordability — how far a typical paycheck stretches after local prices — and 32nd for income. A household earns $97,928 a year while median rent runs $1,444/mo, making it comfortably affordable for what residents earn. Affordability and price level are different lenses: the raw cost of living here runs 5% above the U.S. average.
Its strongest card is health (18th of 300), while cost of living is the soft spot (271st). Housing usually decides a move: rent ranks 195th and home prices 207th among the 300 metros CityLedger tracks.
For your salary & household
Enter your pay and household size to see what it's really worth here — the numbers update live and the link stays shareable.
On $75,000 for just you in Minneapolis, your take-home is worth about $55,048 once local prices are factored in — local prices stretch it less than the U.S. average.
Take-home estimates a single filer taking the standard deduction (2025 federal brackets, FICA, and state income tax) and isn't tax advice. “Real value” rebases take-home to average U.S. prices using the BEA cost-of-living index; the per-person figure uses the OECD square-root equivalence scale.
The numbers
Income & cost
- Median income
- 32nd of 300↑17%$97,928
- Cost of living?The local price level vs. the U.S. average of 100 (BEA). Lower means cheaper. This is raw prices, not adjusted for income.
- 271st of 300105 (US=100)
- Cost-adj. income?Median household income divided by the local price level — what the typical paycheck is really worth here.
- $93,423
- Per-capita income
- $52,079
- Full-time pay
- $55,497
Housing
- Median rent
- 195th of 300↑26.2%$1,444/mo
- Home value
- 207th of 300↑35.1%$384,300
- Property tax
- $4,113/yr · 1.1%
- Sales tax
- 8.13%
Jobs & education
- Unemployment
- 92nd of 3003.8%
- Bachelor's+
- 26th of 30045.9%
- Avg commute
- 149th of 30024.1 min
People
- Population
- 3,757,952
- Population change
- +3.2%
- Median age
- 38.5 yrs
- Foreign-born
- 11.4%
- Broadband
- 94.1%
Environment & risk
- Air quality (AQI)
- 162nd of 30047
- Natural-hazard loss
- 93rd of 300$10/$10k
Health
- Fair/poor health
- 18th of 30014.6%
- Uninsured (18–64)
- 7.4%
Sources: U.S. Census Bureau (ACS), U.S. Bureau of Economic Analysis, U.S. EPA, FEMA, CDC, NOAA — every figure's source is listed on our methodology page. Data built 2026-06-14. ↑↓ mark the change since 2019.
How CityLedger scores it
Transparent weights — see our methodology.
Strengths
- + Affordability
- + Household income
- + Job market
- + Education
- + Hazard safety
- + Health
Watch-outs
- – Cost of living
- – Home prices
Climate
30-year normals (1991–2020) from the nearest station — minneapolis crystal ap.
What jobs pay in Minneapolis
Median annual wage by occupation (BLS OEWS 2025) — half of workers in each role earn more, half less.
- Family medicine physicians
- $283,060
- IT managers
- $178,080
- Financial managers
- $165,620
- Pharmacists
- $160,990
- Lawyers
- $159,620
- Software developers
- $130,920
- Web developers
- $106,890
- Civil engineers
- $104,740
- General & operations managers
- $103,570
- Registered nurses
- $103,040
- Plumbers
- $101,630
- Police officers
- $97,190
- Accountants & auditors
- $86,500
- Electricians
- $81,890
- Elementary school teachers
- $79,730
- Secondary school teachers
- $79,010
- Carpenters
- $74,060
- Truck drivers (heavy)
- $64,200
- Construction laborers
- $61,970
- Maintenance & repair workers
- $60,470
- Customer service reps
- $49,480
- Janitors
- $40,800
- Retail salespersons
- $36,670
- Cashiers
- $35,760
- Waiters & waitresses
- $25,920
Source: U.S. Bureau of Labor Statistics, OEWS 2025 — annual median wage. Cross-industry, all experience levels.
Where new residents move from
The states sending the most people to the Minneapolis metro, by estimated movers (U.S. Census 2022 migration flows, 5-year). Moves from elsewhere in Minnesota are excluded to show where out-of-state arrivals originate.
- Illinois5,585
- California4,410
- Iowa3,255
- North Dakota3,022
Source: U.S. Census Bureau, ACS 2022 Migration Flows (5-year).
Cities like Minneapolis
Closest matches across cost, income, size, education, and age — tap to compare.
Minneapolis metro — frequently asked
- What is the median rent in the Minneapolis metro?
- Median gross rent across the Minneapolis-St. Paul-Bloomington, MN-WI Metro Area is $1,444 a month (U.S. Census Bureau, ACS 2024). That figure covers the whole metro area, not just the city of Minneapolis.
- What is the median household income in the Minneapolis metro?
- A typical household in the Minneapolis-St. Paul-Bloomington, MN-WI Metro Area earns $97,928 a year (U.S. Census Bureau, ACS 2024).
- Is Minneapolis expensive to live in?
- The overall cost of living in the Minneapolis-St. Paul-Bloomington, MN-WI Metro Area runs about 5% above the U.S. average (BEA Regional Price Parities, 2024) — prices are higher than average, before accounting for local pay.
- Does a paycheck go far in the Minneapolis metro?
- After adjusting for local prices, the median household income is worth about $93,423 (versus its face value of $97,928). CityLedger rates the Minneapolis-St. Paul-Bloomington, MN-WI Metro Area comfortably affordable for what residents earn.
- What is the typical home value in the Minneapolis metro?
- The median home value across the Minneapolis-St. Paul-Bloomington, MN-WI Metro Area is $384,300 (U.S. Census Bureau, ACS 2024).
- What is the unemployment rate in the Minneapolis metro?
- The unemployment rate in the Minneapolis-St. Paul-Bloomington, MN-WI Metro Area is 3.8% (U.S. Census Bureau, ACS 2024).