Moving from Albany to Minneapolis (2026)

Minneapolis has a COL index of 106 vs 92 for Albany (100 = US average). Expect to pay about 15% more for the same lifestyle.

Pay ~$348 more/mo
on core expenses · $75K salary baseline

Key differences

COL index
92106
100 = US avg
1BR rent
$1,400$1,700
per month
State tax
6.9%9.9%
income tax
Take-home at $75K
$4,309$4,122
per month

Salary needed in Minneapolis to match your Albany lifestyle

Based on the 15% cost of living increase between the two cities.

Your salary in AlbanyEquivalent in Minneapolis
$40K$46,087
$50K$57,609
$60K$69,130
$75K$86,413
$80K$92,174
$100K$115,217
$120K$138,261
$150K$172,826

Monthly budget at $75K — Albany vs Minneapolis

ExpenseAlbanyMinneapolis
Monthly take-home$4,309$4,122
1BR rent$1,400$1,700
Groceries$380$391
Transport$68$95
Utilities$185$195
Internet$65$65
Left after essentials$2,211$1,676

Frequently asked questions

Is Minneapolis cheaper than Albany?

No. Minneapolis has a cost of living index of 106 vs 92 for Albany (100 = US average). That's about 15% more expensive.

How much will I save moving from Albany to Minneapolis?

On a $75K salary, core expenses in Minneapolis run about $348/month more than Albany. Factor this into your salary negotiation when relocating.

What salary do I need in Minneapolis to match my Albany lifestyle?

To maintain the same purchasing power as $75,000 in Albany, you'd need roughly $86,413/year in Minneapolis. This is based on the overall COL index difference between the two cities.

Estimates based on Q1 2026 COL index and market data. Budget uses simplified federal/state tax rates at $75K. Zillow · BLS · Numbeo · For general guidance only