salaryCharlotte is 8% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Minneapolis to live the same way.
🏠 Rent per month
$1,881
$1,649
🛏️ 2-bedroom rent
$1,690
$1,805
💵 Families earn per year
$88,510
$87,192
🔑 Buying a house
$385,700
$362,200
📊 Overall prices (U.S. = 100)
97.3
104.8
🏛️ Property tax per year
$2,808
$4,339
⚡ Electric bill per month
$126
$91
👥 People living there
903,844
427,246
Commute to work
24.7 min
22 min
College degree
48%
55.5%
Own their home
51%
47.7%
Below poverty line
11.7%
16%
Unemployment
4.6%
5.9%
Bottom line
- Pick Charlotte for cheaper 2-bedroom apartments, higher incomes, less poverty and 1 more.
- Pick Minneapolis for lower rent, cheaper homes, shorter commutes and 1 more.
Pay for the same job
| Job | Charlotte | Minneapolis | Difference |
|---|---|---|---|
| Plumber | $58,690 | $101,630 | +73% in Minneapolis |
| Police Officer | $63,190 | $97,190 | +54% in Minneapolis |
| Carpenter | $50,960 | $74,060 | +45% in Minneapolis |
| Electrician | $59,080 | $81,890 | +39% in Minneapolis |
| Elementary School Teacher | $58,680 | $79,730 | +36% in Minneapolis |
| HVAC Technician | $59,840 | $77,490 | +29% in Minneapolis |
| Server (Waiter/Waitress) | $36,430 | $25,920 | -29% in Minneapolis |
| Warehouse Worker | $38,850 | $47,320 | +22% in Minneapolis |
Frequently asked questions
Is Charlotte or Minneapolis cheaper to live in?
Charlotte is about 8% cheaper overall. Rent is $1,881 a month there versus $1,649 in Minneapolis.
What salary do I need in Minneapolis to match $60,000 in Charlotte?
About $64,607 a year gives the same standard of living in Minneapolis.
Where do people earn more, Charlotte or Minneapolis?
The typical household earns $88,510 in Charlotte and $87,192 in Minneapolis, 2% more in Charlotte.