Median rent is 29% lower in Minneapolis ($1,371/mo vs $1,933/mo). Buying is cheaper in Minneapolis, where the median home runs $362,200 versus $921,200. Households earn more in Los Angeles ($81,939 vs $80,846 a year). Taken together, Minneapolis is the more affordable choice with a cost index of 104.3 against 114.7 — about 9% lower overall prices. After adjusting income for local prices, a typical paycheck stretches further in Minneapolis, MN.
Cost of living verdict
Minneapolis is 9% cheaper overall
Cost of Living Index: 104.3 in Minneapolis vs 114.7 in Los Angeles (US national 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
$68,172
You could earn $6,828 less (9% lower) and break even.
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
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: Census ACS, BEA, HUD Fair Market Rents, EPA AirNow, Tax Foundation
Renters will find significantly cheaper housing in Minneapolis — median rent of $1,371/mo versus $1,933/mo in Los Angeles, a 29% difference. Home buyers face a steeper market in Los Angeles: the median home is $921,200 versus $362,200 in Minneapolis — 61% more expensive.
Metric
Los Angeles
Minneapolis
Software Developer
Registered Nurse
Elementary Teacher
Electrician
Accountant
Higher wage highlighted · BLS OEWS 2023 (metro-level data)
State tax data is not yet available for these cities.
Los Angeles
Income tax: N/A
Sales tax: N/A
Minneapolis
Income tax: N/A
Sales tax: N/A
Los Angeles has cleaner air on average: 31.0 AQI (Good) compared to 55.0 AQI (Moderate) in the other city. Lower AQI means cleaner, healthier air.
Pick Minneapolis if you prioritize lower overall cost of living (index 104.3 vs 114.7).
Pick Minneapolis if you prioritize cheaper rent ($1,371/mo median).
Pick Los Angeles if you prioritize cleaner air quality (avg AQI 31.0).
Minneapolis is cheaper overall, with a cost of living index of 104.3 versus 114.7 (US average = 100). That means prices run about 9% lower in Minneapolis.
Median rent is $1,933/mo in Los Angeles, CA and $1,371/mo in Minneapolis, MN. Minneapolis, MN has the lower rent by about 29%.
Median household income is $81,939 in Los Angeles, CA and $80,846 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.
Los Angeles, CA has better air quality on average: 31.0 AQI versus 55.0 AQI. Both are EPA AirNow annual averages; lower is better.
State tax data is not yet available for one or both cities.
To maintain the same purchasing power, a salary of $100,000 in Los Angeles, CA is equivalent to roughly $90,896 in Minneapolis, MN (using the BEA Regional Price Parity ratio). Use the salary calculator above for any income amount.
Data last updated: June 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology
