Median rent is 6% lower in Minneapolis ($1,329/mo vs $1,407/mo). Buying is cheaper in Midland, where the median home runs $298,600 versus $345,600. Households earn more in Midland ($91,169 vs $80,269 a year). Taken together, Minneapolis is the more affordable choice with a cost index of 102.6 against 102.9 — about 0% lower overall prices. After adjusting income for local prices, a typical paycheck stretches further in Midland, TX.
City A
Midland, TX
City B
Minneapolis, MN
How much would you need to earn in Minneapolis, MN to maintain your standard of living from Midland, TX?
Equivalent salary in Minneapolis, MN
$74,787
You could earn $213 less (0% 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
Midland
Texas
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
Median rent is modestly lower in Minneapolis at $1,329/mo compared to $1,407/mo in Midland (6% gap). Median home values are within 14% of each other: $298,600 in Midland and $345,600 in Minneapolis.
1BR Fair Market Rent
2BR Fair Market Rent
BLS OEWS 2023 — metro-level data
Texas has no state income tax, while Minnesota tops out at 9.85% — giving Midland a clear advantage for high earners. Sales tax is 6.25% in Texas and 6.88% in Minnesota; Midland has the lower rate (local add-ons may apply in both).
Midland
Income tax: None
Sales tax: 6.25%
Minneapolis
Income tax: 9.85%
Sales tax: 6.88%
Air quality data is available for Minneapolis (avg AQI 24.0) but not yet for Midland.
Pick Midland if you prioritize higher median household income ($91,169/yr).
Pick Midland if you prioritize no state income tax.
Is Midland cheaper than Minneapolis?
Minneapolis is cheaper overall, with a cost of living index of 102.6 versus 102.9 (US average = 100). That means prices run about 0% lower in Minneapolis.
How much is rent in Midland vs Minneapolis?
Median rent is $1,407/mo in Midland, TX and $1,329/mo in Minneapolis, MN. Minneapolis, MN has the lower rent by about 6%.
Which has higher salaries — Midland or Minneapolis?
Median household income is $91,169 in Midland, TX and $80,269 in Minneapolis, MN. Midland, TX 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?
Air quality data is not yet available for one or both cities.
Which has lower taxes — Midland or Minneapolis?
Texas has no state income tax. Minnesota has a top rate of 9.85%.
What salary do I need in Minneapolis to match my Midland income?
To maintain the same purchasing power, a salary of $100,000 in Midland, TX is equivalent to roughly $99,716 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