Moving from Raleigh to Minneapolis (2026)

Minneapolis has a COL index of 106 vs 101 for Raleigh (100 = US average). Expect to pay about 5% more for the same lifestyle.

Pay ~$101 more/mo
on core expenses · $75K salary baseline

Key differences

COL index
101106
100 = US avg
1BR rent
$1,700$1,700
per month
State tax
4.5%9.9%
income tax
Take-home at $75K
$4,459$4,122
per month

Salary needed in Minneapolis to match your Raleigh lifestyle

Based on the 5% cost of living increase between the two cities.

Your salary in RaleighEquivalent in Minneapolis
$40K$41,980
$50K$52,475
$60K$62,970
$75K$78,713
$80K$83,960
$100K$104,950
$120K$125,941
$150K$157,426

Monthly budget at $75K — Raleigh vs Minneapolis

ExpenseRaleighMinneapolis
Monthly take-home$4,459$4,122
1BR rent$1,700$1,700
Groceries$365$391
Transport$70$95
Utilities$150$195
Internet$60$65
Left after essentials$2,114$1,676

Frequently asked questions

Is Minneapolis cheaper than Raleigh?

No. Minneapolis has a cost of living index of 106 vs 101 for Raleigh (100 = US average). That's about 5% more expensive.

How much will I save moving from Raleigh to Minneapolis?

On a $75K salary, core expenses in Minneapolis run about $101/month more than Raleigh. Factor this into your salary negotiation when relocating.

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

To maintain the same purchasing power as $75,000 in Raleigh, you'd need roughly $78,713/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