Moving from Peoria to Minneapolis (2026)

Minneapolis has a COL index of 106 vs 83 for Peoria (100 = US average). Expect to pay about 28% more for the same lifestyle.

Pay ~$762 more/mo
on core expenses · $75K salary baseline

Key differences

COL index
83106
100 = US avg
1BR rent
$1,050$1,700
per month
State tax
5%9.9%
income tax
Take-home at $75K
$4,428$4,122
per month

Salary needed in Minneapolis to match your Peoria lifestyle

Based on the 28% cost of living increase between the two cities.

Your salary in PeoriaEquivalent in Minneapolis
$40K$51,084
$50K$63,855
$60K$76,627
$75K$95,783
$80K$102,169
$100K$127,711
$120K$153,253
$150K$191,566

Monthly budget at $75K — Peoria vs Minneapolis

ExpensePeoriaMinneapolis
Monthly take-home$4,428$4,122
1BR rent$1,050$1,700
Groceries$361$391
Transport$55$95
Utilities$158$195
Internet$60$65
Left after essentials$2,744$1,676

Frequently asked questions

Is Minneapolis cheaper than Peoria?

No. Minneapolis has a cost of living index of 106 vs 83 for Peoria (100 = US average). That's about 28% more expensive.

How much will I save moving from Peoria to Minneapolis?

On a $75K salary, core expenses in Minneapolis run about $762/month more than Peoria. Factor this into your salary negotiation when relocating.

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

To maintain the same purchasing power as $75,000 in Peoria, you'd need roughly $95,783/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