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Lexington-Fayette vs Minneapolis: which is cheaper?

Lexington-Fayette is 13% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.

I need $67,708 in Minneapolis to live the same way.

🏠 Rent per month
$1,463
$1,649
🛏️ 2-bedroom rent
$1,239
$1,805
💵 Families earn per year
$74,933
$87,192
🔑 Buying a house
$293,500
$362,200
📊 Overall prices (U.S. = 100)
92.9
104.8
🏛️ Property tax per year
$2,542
$4,339
⚡ Electric bill per month
$140
$91
👥 People living there
323,725
427,246
Commute to work
20.9 min
22 min
College degree
48.3%
55.5%
Own their home
53.8%
47.7%
Below poverty line
14.9%
16%
Unemployment
4.9%
5.9%

Bottom line

Pay for the same job

JobLexington-FayetteMinneapolisDifference
Plumber$61,870$101,630+64% in Minneapolis
Police Officer$61,720$97,190+57% in Minneapolis
Market Research Analyst$65,280$97,910+50% in Minneapolis
Lawyer$111,040$159,620+44% in Minneapolis
Electrician$57,320$81,890+43% in Minneapolis
Carpenter$52,030$74,060+42% in Minneapolis
Dental Hygienist$80,110$112,630+41% in Minneapolis
Registered Nurse$79,040$103,040+30% in Minneapolis

Frequently asked questions

Is Lexington-Fayette or Minneapolis cheaper to live in?

Lexington-Fayette is about 13% cheaper overall. Rent is $1,463 a month there versus $1,649 in Minneapolis.

What salary do I need in Minneapolis to match $60,000 in Lexington-Fayette?

About $67,708 a year gives the same standard of living in Minneapolis.

Where do people earn more, Lexington-Fayette or Minneapolis?

The typical household earns $74,933 in Lexington-Fayette and $87,192 in Minneapolis, 14% more in Minneapolis.

More comparisons

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