Moving from Minneapolis to Concord (2026)
Concord has a COL index of 92 vs 106 for Minneapolis (100 = US average). You'd pay about 13% less for the same lifestyle.
Key differences
Salary needed in Concord to match your Minneapolis lifestyle
Based on the 13% cost of living decrease between the two cities.
| Your salary in Minneapolis | Equivalent in Concord |
|---|---|
| $40K | $34,717 |
| $50K | $43,396 |
| $60K | $52,075 |
| $75K | $65,094 |
| $80K | $69,434 |
| $100K | $86,792 |
| $120K | $104,151 |
| $150K | $130,189 |
Monthly budget at $75K — Minneapolis vs Concord
| Expense | Minneapolis | Concord |
|---|---|---|
| Monthly take-home | $4,122 | $4,459 |
| 1BR rent | $1,700 | $1,500 |
| Groceries | $391 | $365 |
| Transport | $95 | $42 |
| Utilities | $195 | $152 |
| Internet | $65 | $60 |
| Left after essentials | $1,676 | $2,340 |
Frequently asked questions
Is Concord cheaper than Minneapolis?
Yes. Concord has a cost of living index of 92 vs 106 for Minneapolis (100 = US average). That's about 13% cheaper.
How much will I save moving from Minneapolis to Concord?
On a $75K salary, moving from Minneapolis to Concord could save roughly $327/month on core expenses. That's ~$3,924/year.
What salary do I need in Concord to match my Minneapolis lifestyle?
To maintain the same purchasing power as $75,000 in Minneapolis, you'd need roughly $65,094/year in Concord. 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