$80K in Phoenix = $84,800 in Minneapolis

Your $80K salary in Phoenix (COL 100) has the same purchasing power as $84,800 in Minneapolis (COL 106). Minneapolis is more expensive โ€” you'd need 6% more to maintain the same lifestyle.

$80K in Phoenix, AZ
$4,890/mo take-home
Rent: $1,500/mo (31% of take-home)
Manageable
$84,800/yr in Minneapolis, MN
$4,660/mo take-home
Rent: $1,700/mo (36% of take-home)
Tight

Budget breakdown โ€” $80K in both cities

What $80K actually buys you in each city after taxes and core expenses.

Expense
Phoenix
$80K
Minneapolis
$80K (same salary)
Monthly take-home$4,890$4,397
1BR rent$1,500$1,700
Groceries$369$391
Transport$64$95
Utilities$210$195
Internet$60$65
Left after essentials$2,687/month$1,951/month
To match your Phoenix purchasing power in Minneapolis, you'd need to earn $84,800/year (6% more than $80K). At that salary, you'd have $2,214/mo left after essentials โ€” vs $2,687/mo in Phoenix.

Frequently asked questions

What is $80K in Phoenix equivalent to in Minneapolis?

$80K in Phoenix (COL index 100) has the same purchasing power as $84,800 in Minneapolis (COL index 106). That's 6% more than your current salary.

If I move from Phoenix to Minneapolis keeping my $80K salary, will I be better off?

Not necessarily. Core expenses in Minneapolis are higher, so on the same $80K salary you'd have $736 less per month. You'd need to earn $84,800 to maintain the same standard of living.

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: $80K ร— (106 รท 100) = $84,800. 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