$150K in Nashville = $141,964 in Minneapolis

Your $150K salary in Nashville (COL 112) has the same purchasing power as $141,964 in Minneapolis (COL 106). Minneapolis is cheaper โ€” your money goes 5% further there.

$150K in Nashville, TN
$8,944/mo take-home
Rent: $1,800/mo (20% of take-home)
Very comfortable
$141,964/yr in Minneapolis, MN
$7,293/mo take-home
Rent: $1,700/mo (23% of take-home)
Comfortable

Budget breakdown โ€” $150K in both cities

What $150K actually buys you in each city after taxes and core expenses.

Expense
Nashville
$150K
Minneapolis
$150K (same salary)
Monthly take-home$8,944$7,706
1BR rent$1,800$1,700
Groceries$365$391
Transport$70$95
Utilities$170$195
Internet$60$65
Left after essentials$6,479/month$5,260/month
To match your Nashville purchasing power in Minneapolis, you'd need to earn $141,964/year (5% less than $150K). At that salary, you'd have $4,847/mo left after essentials โ€” vs $6,479/mo in Nashville.

Frequently asked questions

What is $150K in Nashville equivalent to in Minneapolis?

$150K in Nashville (COL index 112) has the same purchasing power as $141,964 in Minneapolis (COL index 106). That's 5% less than your current salary.

If I move from Nashville to Minneapolis keeping my $150K salary, will I be better off?

Yes. If you keep earning $150K after moving to Minneapolis, you'd have $-1,219 more per month after core expenses โ€” because Minneapolis is cheaper than Nashville.

How is the salary equivalent calculated?

The equivalent salary is calculated by multiplying your current salary by the ratio of the two cities' overall cost of living indices: $150K ร— (106 รท 112) = $141,964. This adjusts for differences in housing, food, transport, and general cost of living.

Equivalency uses overall COL index ratio. Take-home uses simplified federal/state brackets. Zillow ยท BLS ยท Numbeo ยท Q1 2026 ยท For general guidance only