Moving from Tampa to Minneapolis (2026)

Minneapolis has a COL index of 106 vs 104 for Tampa (100 = US average). Expect to pay about 2% more for the same lifestyle.

Pay ~$255 more/mo
on core expenses · $75K salary baseline

Key differences

COL index
104106
100 = US avg
1BR rent
$2,000$1,700
per month
State tax
None9.9%
income tax
Take-home at $75K
$4,741$4,122
per month

Salary needed in Minneapolis to match your Tampa lifestyle

Based on the 2% cost of living increase between the two cities.

Your salary in TampaEquivalent in Minneapolis
$40K$40,769
$50K$50,962
$60K$61,154
$75K$76,442
$80K$81,538
$100K$101,923
$120K$122,308
$150K$152,885

Monthly budget at $75K — Tampa vs Minneapolis

ExpenseTampaMinneapolis
Monthly take-home$4,741$4,122
1BR rent$2,000$1,700
Groceries$376$391
Transport$65$95
Utilities$195$195
Internet$65$65
Left after essentials$2,040$1,676

Frequently asked questions

Is Minneapolis cheaper than Tampa?

No. Minneapolis has a cost of living index of 106 vs 104 for Tampa (100 = US average). That's about 2% more expensive.

How much will I save moving from Tampa to Minneapolis?

On a $75K salary, moving from Tampa to Minneapolis could save roughly $255/month on core expenses. That's ~$3,060/year.

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

To maintain the same purchasing power as $75,000 in Tampa, you'd need roughly $76,442/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