Moving from Phoenix to Minneapolis (2026)
Minneapolis has a COL index of 106 vs 100 for Phoenix (100 = US average). Expect to pay about 6% more for the same lifestyle.
Key differences
Salary needed in Minneapolis to match your Phoenix lifestyle
Based on the 6% cost of living increase between the two cities.
| Your salary in Phoenix | Equivalent in Minneapolis |
|---|---|
| $40K | $42,400 |
| $50K | $53,000 |
| $60K | $63,600 |
| $75K | $79,500 |
| $80K | $84,800 |
| $100K | $106,000 |
| $120K | $127,200 |
| $150K | $159,000 |
Monthly budget at $75K — Phoenix vs Minneapolis
| Expense | Phoenix | Minneapolis |
|---|---|---|
| Monthly take-home | $4,584 | $4,122 |
| 1BR rent | $1,500 | $1,700 |
| Groceries | $369 | $391 |
| Transport | $64 | $95 |
| Utilities | $210 | $195 |
| Internet | $60 | $65 |
| Left after essentials | $2,381 | $1,676 |
Frequently asked questions
Is Minneapolis cheaper than Phoenix?
No. Minneapolis has a cost of living index of 106 vs 100 for Phoenix (100 = US average). That's about 6% more expensive.
How much will I save moving from Phoenix to Minneapolis?
On a $75K salary, core expenses in Minneapolis run about $243/month more than Phoenix. Factor this into your salary negotiation when relocating.
What salary do I need in Minneapolis to match my Phoenix lifestyle?
To maintain the same purchasing power as $75,000 in Phoenix, you'd need roughly $79,500/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