El Paso is 17% 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
$1,246
$1,649
🛏️ 2-bedroom rent
$1,088
$1,805
💵 Families earn per year
$64,435
$87,192
🔑 Buying a house
$184,500
$362,200
📊 Overall prices (U.S. = 100)
89.9
104.8
🏛️ Property tax per year
$3,760
$4,339
⚡ Electric bill per month
$113
$91
👥 People living there
680,130
427,246
Commute to work
23.4 min
22 min
College degree
28.1%
55.5%
Own their home
60.8%
47.7%
Below poverty line
18.4%
16%
Unemployment
6%
5.9%
Bottom line
- Pick El Paso for lower rent, cheaper 2-bedroom apartments, cheaper homes.
- Pick Minneapolis for higher incomes, shorter commutes, a more educated workforce and 2 more.
Pay for the same job
| Job | El Paso | Minneapolis | Difference |
|---|---|---|---|
| Market Research Analyst | $50,680 | $97,910 | +93% in Minneapolis |
| Plumber | $53,560 | $101,630 | +90% in Minneapolis |
| Carpenter | $42,430 | $74,060 | +75% in Minneapolis |
| Electrician | $48,140 | $81,890 | +70% in Minneapolis |
| HVAC Technician | $47,270 | $77,490 | +64% in Minneapolis |
| Medical Assistant | $35,790 | $52,570 | +47% in Minneapolis |
| Restaurant Cook | $28,990 | $39,640 | +37% in Minneapolis |
| Nursing Assistant | $35,170 | $48,020 | +37% in Minneapolis |
Frequently asked questions
Is El Paso or Minneapolis cheaper to live in?
El Paso is about 17% cheaper overall. Rent is $1,246 a month there versus $1,649 in Minneapolis.
What salary do I need in Minneapolis to match $60,000 in El Paso?
About $69,950 a year gives the same standard of living in Minneapolis.
Where do people earn more, El Paso or Minneapolis?
The typical household earns $64,435 in El Paso and $87,192 in Minneapolis, 26% more in Minneapolis.