Moving from Salt Lake City to Minneapolis (2026)

Minneapolis has a COL index of 106 vs 107 for Salt Lake City (100 = US average). You'd pay about 1% less for the same lifestyle.

Save ~$325/mo
on rent + taxes ยท $75K salary baseline

Change cities

Key differences

COL index
107 โ†’ 106
100 = US avg
1BR rent
$1,700 โ†’ $1,700
per month
State tax
4.7% โ†’ 9.9%
income tax
COL difference
107 โ†’ 106
1% cheaper

Salary needed in Minneapolis to match your Salt Lake City lifestyle

Based on the 1% cost of living decrease between the two cities.

Your salary in Salt Lake CityEquivalent in Minneapolis
$40K$39,626
$50K$49,533
$60K$59,439
$75K$74,299
$80K$79,252
$100K$99,065
$120K$118,879
$150K$148,598

๐Ÿ’ต Household income (before tax)

$75K
$
$30K$300K
Pay ~$74/mo moreon core expenses at $75K

Monthly budget at $75K โ€” Salt Lake City vs Minneapolis

ExpenseSalt Lake CityMinneapolis
Monthly take-home$4,447$4,122
1BR rent$1,700$1,700
Groceries$372$391
Transport$90$95
Utilities$150$195
Internet$60$65
Left after essentials$2,075$1,676

Frequently asked questions

Is Minneapolis cheaper than Salt Lake City?

Yes. Minneapolis has a cost of living index of 106 vs 107 for Salt Lake City (100 = US average). That's about 1% cheaper.

How much will I save moving from Salt Lake City to Minneapolis?

On a $75K salary, core expenses in Minneapolis run about $325/month more than Salt Lake City. Factor this into your salary negotiation when relocating.

What salary do I need in Minneapolis to match my Salt Lake City lifestyle?

To maintain the same purchasing power as $75,000 in Salt Lake City, you'd need roughly $74,299/year in Minneapolis. This is based on the overall COL index difference.

Estimates based on Q1 2026 COL index and market data. Budget uses simplified federal/state tax rates. Zillow ยท BLS ยท Numbeo ยท For general guidance only