Median rent is 4% lower in Minneapolis ($1,371/mo vs $1,421/mo). Buying is cheaper in Minneapolis, where the median home runs $362,200 versus $374,800. Households earn more in Minneapolis ($80,846 vs $70,991 a year). Taken together, Fresno is the more affordable choice with a cost index of 91.9 against 104.3 — about 12% lower overall prices.
Cost of living verdict
Fresno is 12% cheaper overall
Cost of Living Index: 91.9 in Fresno vs 104.3 in Minneapolis (US national average = 100)
City A
Fresno, CA
City B
Minneapolis, MN
How much would you need to earn in Minneapolis, MN to maintain your standard of living from Fresno, CA?
Equivalent salary in Minneapolis, MN
$85,164
You'd need $10,164 more (14% higher).
Based on BEA Regional Price Parity (cost index) for each metro area. This estimates overall purchasing power; it does not account for taxes or take-home pay differences.
Metric
Fresno
California
Minneapolis
Minnesota
Population
Median Household Income
Annual
Median Gross Rent
Per month
Median Home Value
Cost of Living Index
US avg = 100
1BR Fair Market Rent
HUD FMR
2BR Fair Market Rent
HUD FMR
3BR Fair Market Rent
HUD FMR
Air Quality Index
Lower = cleaner
Top State Income Tax
Top marginal rate
State Sales Tax
Statewide base rate
Median Age
Years
✓ = better value · Sources: Census ACS, BEA, HUD Fair Market Rents, EPA AirNow, Tax Foundation
Median rents are similar in both cities: $1,421/mo in Fresno and $1,371/mo in Minneapolis. Median home values are within 3% of each other: $374,800 in Fresno and $362,200 in Minneapolis.
1BR Fair Market Rent
2BR Fair Market Rent
BLS OEWS 2023 — metro-level data
State tax data is not yet available for these cities.
Fresno
Income tax: N/A
Sales tax: N/A
Minneapolis
Income tax: N/A
Sales tax: N/A
Fresno has cleaner air on average: 53.0 AQI (Moderate) compared to 55.0 AQI (Moderate) in the other city. Lower AQI means cleaner, healthier air.
Pick Fresno if you prioritize lower overall cost of living (index 91.9 vs 104.3).
Pick Minneapolis if you prioritize higher median household income ($80,846/yr).
Is Fresno cheaper than Minneapolis?
Fresno is cheaper overall, with a cost of living index of 91.9 versus 104.3 (US average = 100). That means prices run about 12% lower in Fresno.
How much is rent in Fresno vs Minneapolis?
Median rent is $1,421/mo in Fresno, CA and $1,371/mo in Minneapolis, MN. Minneapolis, MN has the lower rent by about 4%.
Which has higher salaries — Fresno or Minneapolis?
Median household income is $70,991 in Fresno, CA and $80,846 in Minneapolis, MN. Minneapolis, MN has the higher median income. Note that BLS occupational wages in the table above show wages for specific jobs.
Which city has better air quality?
Fresno, CA has better air quality on average: 53.0 AQI versus 55.0 AQI. Both are EPA AirNow annual averages; lower is better.
Which has lower taxes — Fresno or Minneapolis?
State tax data is not yet available for one or both cities.
What salary do I need in Minneapolis to match my Fresno income?
To maintain the same purchasing power, a salary of $100,000 in Fresno, CA is equivalent to roughly $113,552 in Minneapolis, MN (using the BEA Regional Price Parity ratio). Use the salary calculator above for any income amount.
Data last updated: December 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology
