Moving from Minneapolis to Miami (2026)

Miami has a COL index of 123 vs 106 for Minneapolis (100 = US average). Expect to pay about 16% more for the same lifestyle.

Pay ~$820 more/mo
on core expenses · $75K salary baseline

Key differences

COL index
106123
100 = US avg
1BR rent
$1,700$2,500
per month
State tax
9.9%None
income tax
Take-home at $75K
$4,122$4,741
per month

Salary needed in Miami to match your Minneapolis lifestyle

Based on the 16% cost of living increase between the two cities.

Your salary in MinneapolisEquivalent in Miami
$40K$46,415
$50K$58,019
$60K$69,623
$75K$87,028
$80K$92,830
$100K$116,038
$120K$139,245
$150K$174,057

Monthly budget at $75K — Minneapolis vs Miami

ExpenseMinneapolisMiami
Monthly take-home$4,122$4,741
1BR rent$1,700$2,500
Groceries$391$399
Transport$95$112
Utilities$195$185
Internet$65$70
Left after essentials$1,676$1,475

Frequently asked questions

Is Miami cheaper than Minneapolis?

No. Miami has a cost of living index of 123 vs 106 for Minneapolis (100 = US average). That's about 16% more expensive.

How much will I save moving from Minneapolis to Miami?

On a $75K salary, core expenses in Miami run about $820/month more than Minneapolis. Factor this into your salary negotiation when relocating.

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

To maintain the same purchasing power as $75,000 in Minneapolis, you'd need roughly $87,028/year in Miami. 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