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Cape Coral vs Minneapolis: which is cheaper?

About the sameBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.

I need $61,450 in Minneapolis to live the same way.

🏠 Rent per month
$2,339
$1,649
🛏️ 2-bedroom rent
$1,738
$1,805
💵 Families earn per year
$84,235
$87,192
🔑 Buying a house
$373,500
$362,200
📊 Overall prices (U.S. = 100)
102.3
104.8
🏛️ Property tax per year
$3,176
$4,339
⚡ Electric bill per month
$196
$91
👥 People living there
215,536
427,246
Commute to work
29.9 min
22 min
College degree
26.9%
55.5%
Own their home
77.2%
47.7%
Below poverty line
10.7%
16%
Unemployment
3.8%
5.9%

Bottom line

Pay for the same job

JobCape CoralMinneapolisDifference
Plumber$51,690$101,630+97% in Minneapolis
Carpenter$49,210$74,060+50% in Minneapolis
Market Research Analyst$65,180$97,910+50% in Minneapolis
Electrician$57,930$81,890+41% in Minneapolis
Firefighter$60,000$39,350-34% in Minneapolis
HVAC Technician$58,170$77,490+33% in Minneapolis
Elementary School Teacher$60,470$79,730+32% in Minneapolis
Truck Driver$48,950$64,200+31% in Minneapolis

Frequently asked questions

Is Cape Coral or Minneapolis cheaper to live in?

Cape Coral and Minneapolis cost about the same once rent and everyday costs are combined.

What salary do I need in Minneapolis to match $60,000 in Cape Coral?

About $61,450 a year gives the same standard of living in Minneapolis.

Where do people earn more, Cape Coral or Minneapolis?

The typical household earns $84,235 in Cape Coral and $87,192 in Minneapolis, 3% more in Minneapolis.

More comparisons

All Cape Coral comparisons → · All Minneapolis comparisons →

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