salaryIndianapolis is 10% 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
$1,465
$1,649
🛏️ 2-bedroom rent
$1,315
$1,805
💵 Families earn per year
$71,417
$87,192
🔑 Buying a house
$224,800
$362,200
📊 Overall prices (U.S. = 100)
95.7
104.8
🏛️ Property tax per year
$2,037
$4,339
⚡ Electric bill per month
$141
$91
👥 People living there
885,860
427,246
Commute to work
24.6 min
22 min
College degree
34.9%
55.5%
Own their home
56%
47.7%
Below poverty line
15.8%
16%
Unemployment
5.1%
5.9%
Bottom line
- Pick Indianapolis for lower rent, cheaper 2-bedroom apartments, cheaper homes and 2 more.
- Pick Minneapolis for higher incomes, shorter commutes, a more educated workforce.
Pay for the same job
| Job | Indianapolis | Minneapolis | Difference |
|---|---|---|---|
| Market Research Analyst | $65,200 | $97,910 | +50% in Minneapolis |
| Firefighter | $68,480 | $39,350 | -43% in Minneapolis |
| Plumber | $76,980 | $101,630 | +32% in Minneapolis |
| Elementary School Teacher | $60,510 | $79,730 | +32% in Minneapolis |
| Electrician | $65,130 | $81,890 | +26% in Minneapolis |
| HVAC Technician | $62,160 | $77,490 | +25% in Minneapolis |
| Nursing Assistant | $38,880 | $48,020 | +24% in Minneapolis |
| Software Developer | $106,870 | $130,920 | +23% in Minneapolis |
Frequently asked questions
Is Indianapolis or Minneapolis cheaper to live in?
Indianapolis is about 10% cheaper overall. Rent is $1,465 a month there versus $1,649 in Minneapolis.
What salary do I need in Minneapolis to match $60,000 in Indianapolis?
About $65,722 a year gives the same standard of living in Minneapolis.
Where do people earn more, Indianapolis or Minneapolis?
The typical household earns $71,417 in Indianapolis and $87,192 in Minneapolis, 18% more in Minneapolis.
More comparisons
All Indianapolis comparisons → · All Minneapolis comparisons →