salaryAbout the sameBased 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
$2,065
$1,649
🛏️ 2-bedroom rent
$2,127
$1,805
💵 Families earn per year
$102,153
$87,192
🔑 Buying a house
$616,000
$362,200
📊 Overall prices (U.S. = 100)
105.8
104.8
🏛️ Property tax per year
$2,751
$4,339
⚡ Electric bill per month
$113
$91
👥 People living there
718,877
427,246
Commute to work
24.9 min
22 min
College degree
56.5%
55.5%
Own their home
48.8%
47.7%
Below poverty line
11.2%
16%
Unemployment
4.9%
5.9%
Bottom line
- Pick Denver for higher incomes, a more educated workforce, less poverty and 1 more.
- Pick Minneapolis for lower rent, cheaper 2-bedroom apartments, cheaper homes and 1 more.
Pay for the same job
| Job | Denver | Minneapolis | Difference |
|---|---|---|---|
| Plumber | $63,900 | $101,630 | +59% in Minneapolis |
| Firefighter | $87,980 | $39,350 | -55% in Minneapolis |
| Server (Waiter/Waitress) | $39,650 | $25,920 | -35% in Minneapolis |
| Electrician | $63,150 | $81,890 | +30% in Minneapolis |
| Operations Manager | $142,330 | $103,570 | -27% in Minneapolis |
| Carpenter | $64,910 | $74,060 | +14% in Minneapolis |
| Accountant | $100,020 | $86,500 | -14% in Minneapolis |
| Licensed Practical Nurse | $75,810 | $65,660 | -13% in Minneapolis |
Frequently asked questions
Is Denver or Minneapolis cheaper to live in?
Denver 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 Denver?
About $59,455 a year gives the same standard of living in Minneapolis.
Where do people earn more, Denver or Minneapolis?
The typical household earns $102,153 in Denver and $87,192 in Minneapolis, 17% more in Denver.