Median rent is 29% lower in Minneapolis ($1,329/mo vs $1,879/mo). Buying is cheaper in Minneapolis, where the median home runs $345,600 versus $879,500. Households earn more in Los Angeles ($80,366 vs $80,269 a year). Taken together, Minneapolis is the more affordable choice with a cost index of 102.6 against 113.3 — about 9% lower overall prices. After adjusting income for local prices, a typical paycheck stretches further in Minneapolis, MN.
Quick verdict
Minneapolis is 9% cheaper overall
Cost index: 102.6 in Minneapolis vs 113.3 in Los Angeles (US average = 100)
City A
Los Angeles, CA
City B
Minneapolis, MN
How much would you need to earn in Minneapolis, MN to maintain your standard of living from Los Angeles, CA?
Equivalent salary in Minneapolis, MN
$67,939
You could earn $7,061 less (9% lower) and break even.
Based on BEA Regional Price Parity (cost index) for each city's metro area. A rough estimate of overall purchasing power, not tax or take-home pay.
Metric
Los Angeles
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: US Census ACS, BEA RPP, HUD FMR, EPA AirNow, Tax Foundation
Renters will find significantly cheaper housing in Minneapolis — median rent of $1,329/mo versus $1,879/mo in Los Angeles, a 29% difference. Home buyers face a steeper market in Los Angeles: the median home is $879,500 versus $345,600 in Minneapolis — 61% more expensive.
1BR Fair Market Rent
2BR Fair Market Rent
BLS OEWS 2023 — metro-level data
California's top income tax rate is 13.30% versus 9.85% in Minnesota, so Minneapolis is more tax-friendly for high earners. Sales tax is 7.25% in California and 6.88% in Minnesota; Minneapolis has the lower rate (local add-ons may apply in both).
Los Angeles
Income tax: 13.30%
Sales tax: 7.25%
Minneapolis
Income tax: 9.85%
Sales tax: 6.88%
Minneapolis has cleaner air on average: 24.0 AQI (Good) compared to 77.0 AQI (Moderate) in the other city. Lower AQI means cleaner, healthier air.
Pick Minneapolis if you prioritize lower overall cost of living (index 102.6 vs 113.3).
Pick Minneapolis if you prioritize cheaper rent ($1,329/mo median).
Pick Minneapolis if you prioritize cleaner air quality (avg AQI 24.0).
Pick Minneapolis if you prioritize lower state income tax (9.85%).
Is Los Angeles cheaper than Minneapolis?
Minneapolis is cheaper overall, with a cost of living index of 102.6 versus 113.3 (US average = 100). That means prices run about 9% lower in Minneapolis.
How much is rent in Los Angeles vs Minneapolis?
Median rent is $1,879/mo in Los Angeles, CA and $1,329/mo in Minneapolis, MN. Minneapolis, MN has the lower rent by about 29%.
Which has higher salaries — Los Angeles or Minneapolis?
Median household income is $80,366 in Los Angeles, CA and $80,269 in Minneapolis, MN. Los Angeles, CA 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?
Minneapolis, MN has better air quality on average: 24.0 AQI versus 77.0 AQI. Both are EPA AirNow annual averages; lower is better.
Which has lower taxes — Los Angeles or Minneapolis?
California's top income tax rate is 13.30% and Minnesota's is 9.85%. Minneapolis, MN has the lower rate.
What salary do I need in Minneapolis to match my Los Angeles income?
To maintain the same purchasing power, a salary of $100,000 in Los Angeles, CA is equivalent to roughly $90,586 in Minneapolis, MN (using the BEA Regional Price Parity ratio). Use the salary calculator above for any income amount.
Data last updated: December 1, 2024 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology