Minneapolis vs Long Beach for Retirees (2026)

Median Home Price
$320K
Minneapolis
$720K
Long Beach
State Income Tax
9.9%
Minneapolis
9.3%
Long Beach
Est. Healthcare / month
$530
Minneapolis
$740
Long Beach
Walk Score (0–100)
70
Minneapolis
72
Long Beach

Scroll down for retirement income tax breakdown, healthcare estimates, and FAQ.

Full retirement cost breakdown

Metric
Minneapolis
Minnesota
Long Beach
California
1BR rent / month$1,700Better$2,400
Median home price$320KBetter$720K
State income tax9.9%9.3%Better
Sales tax (combined)8%Better10.3%
Monthly utilities$195$148Better
Groceries index (US = 100)103Better108
Est. healthcare / month$530Better$740
Walk score (0–100)70 / 10072 / 100Better
Overall COL index (100 = US avg)106Better148

Frequently asked questions

Which city is better for retirement — Minneapolis or Long Beach?

Minneapolis and Long Beach are closely matched for retirees. Housing costs, tax burden, and overall affordability are similar. Your specific priorities — climate, walkability, family proximity — should guide the decision.

Is retirement income taxed in Minneapolis or Long Beach?

Long Beach has the lower state income tax rate (9.3% vs 9.9%). Note that many states exempt Social Security income and some pension income from state taxes even when other income is taxed — check your specific state's retirement tax rules.

What is the estimated monthly healthcare cost in Minneapolis vs Long Beach?

Based on national average retiree healthcare spending (~$500/month) scaled by each city's cost-of-living index, estimated monthly healthcare costs are approximately $530 in Minneapolis and $740 in Long Beach. That's a difference of ~$210/month, or ~$2,520/year. Actual costs vary based on your Medicare plan, supplements, and health needs.

Can I afford to retire in Minneapolis on a $50,000 annual income?

On a $50,000/year ($4,167/month) retirement income in Minneapolis, rent alone would consume approximately 41% of your budget (1BR rent ~$1,700/mo) and healthcare another ~13%. That leaves roughly 46% (~$1,917/mo) for groceries, transportation, and other expenses. This is tight — a studio apartment or lower-cost neighborhood would help.

Which city is more walkable for retirees?

Long Beach has a higher walk score (72 vs 70 out of 100). Walkability is increasingly important for retirees who want to reduce car dependence — a score above 70 means most daily errands can be done on foot. Long Beach offers more independence without a car, which also reduces transportation costs.

Retirement purchasing power

$50K/year in Minneapolis has the same purchasing power as $70K/year in Long Beach

Related comparisons

Healthcare estimates based on national avg retiree spending (~$500/mo) scaled by COL index · State income tax rates from Tax Foundation · Data: Zillow, BLS, Numbeo · Q1 2026