Moving from Minneapolis to Austin (2026)

Austin has a COL index of 122 vs 106 for Minneapolis (100 = US average). Expect to pay about 15% more for the same lifestyle.

Pay ~$11 more/mo
on core expenses · $75K salary baseline

Key differences

COL index
106122
100 = US avg
1BR rent
$1,700$1,800
per month
State tax
9.9%None
income tax
Take-home at $75K
$4,122$4,741
per month

Salary needed in Austin to match your Minneapolis lifestyle

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

Your salary in MinneapolisEquivalent in Austin
$40K$46,038
$50K$57,547
$60K$69,057
$75K$86,321
$80K$92,075
$100K$115,094
$120K$138,113
$150K$172,642

Monthly budget at $75K — Minneapolis vs Austin

ExpenseMinneapolisAustin
Monthly take-home$4,122$4,741
1BR rent$1,700$1,800
Groceries$391$372
Transport$95$50
Utilities$195$170
Internet$65$65
Left after essentials$1,676$2,284

Frequently asked questions

Is Austin cheaper than Minneapolis?

No. Austin has a cost of living index of 122 vs 106 for Minneapolis (100 = US average). That's about 15% more expensive.

How much will I save moving from Minneapolis to Austin?

On a $75K salary, core expenses in Austin run about $11/month more than Minneapolis. Factor this into your salary negotiation when relocating.

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

To maintain the same purchasing power as $75,000 in Minneapolis, you'd need roughly $86,321/year in Austin. 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