Cost of Living in Minneapolis, MN

Last updated 2026-06-12 · MovePlan Editorial Team

Near the national average, with strong amenities and brutal winters as the trade-off.

• Cost of living index (US avg = 100): 102
• Median 2BR rent: $1,900/mo
• Housing: 100 vs 100
• Groceries: 101 vs 100
• Utilities: 108 vs 100
• Transportation: 100 vs 100
• Healthcare: 102 vs 100

Minneapolis offers lakes, biking, theater, and a strong job market at costs near the national average. Winter heating is the main seasonal expense.

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