Cheapest Cities Near Minneapolis (2026)

Minneapolis has a cost of living index of 106 (US avg = 100). Here are 8 more affordable metros to consider as alternatives.

More affordable alternatives

1
Flint, MI27% cheaper
COL: 771BR: $880/moSave $820/mo on rent
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2
McAllen, TX26% cheaper
COL: 781BR: $950/moSave $750/mo on rent
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3
Jackson, MS25% cheaper
COL: 791BR: $1,000/moSave $700/mo on rent
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4
Springfield, MO25% cheaper
COL: 791BR: $950/moSave $750/mo on rent
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5
Laredo, TX25% cheaper
COL: 791BR: $950/moSave $750/mo on rent
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6
Evansville, IN25% cheaper
COL: 801BR: $990/moSave $710/mo on rent
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7
Topeka, KS25% cheaper
COL: 801BR: $940/moSave $760/mo on rent
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8
El Paso, TX25% cheaper
COL: 801BR: $1,050/moSave $650/mo on rent
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Minneapolis at a glance

106
COL index
100 = US avg
$1,700
1BR rent
per month
$320K
Home price
median
9.9%
State tax
income

Cities with similar cost of living

Las Vegas, NVCOL: 106Chicago, ILCOL: 107Philadelphia, PACOL: 107Salt Lake City, UTCOL: 107

COL index sourced from Numbeo, Zillow, and BLS data · Q1 2026 · For general guidance only