salaryMadison 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
$1,723
$1,649
🛏️ 2-bedroom rent
$1,628
$1,805
💵 Families earn per year
$84,177
$87,192
🔑 Buying a house
$372,900
$362,200
📊 Overall prices (U.S. = 100)
97.3
104.8
🏛️ Property tax per year
$6,541
$4,339
⚡ Electric bill per month
$120
$91
👥 People living there
278,001
427,246
Commute to work
19.4 min
22 min
College degree
59.9%
55.5%
Own their home
46%
47.7%
Below poverty line
16.4%
16%
Unemployment
2.7%
5.9%
Bottom line
- Pick Madison for cheaper 2-bedroom apartments, shorter commutes, a more educated workforce and 1 more.
- Pick Minneapolis for lower rent, higher incomes, cheaper homes and 1 more.
Pay for the same job
| Job | Madison | Minneapolis | Difference |
|---|---|---|---|
| Market Research Analyst | $67,990 | $97,910 | +44% in Minneapolis |
| Firefighter | $56,430 | $39,350 | -30% in Minneapolis |
| Lawyer | $124,130 | $159,620 | +29% in Minneapolis |
| Elementary School Teacher | $63,690 | $79,730 | +25% in Minneapolis |
| HVAC Technician | $63,150 | $77,490 | +23% in Minneapolis |
| Police Officer | $80,580 | $97,190 | +21% in Minneapolis |
| Plumber | $85,160 | $101,630 | +19% in Minneapolis |
| Operations Manager | $126,620 | $103,570 | -18% in Minneapolis |
Frequently asked questions
Is Madison or Minneapolis cheaper to live in?
Madison is about 8% cheaper overall. Rent is $1,723 a month there versus $1,649 in Minneapolis.
What salary do I need in Minneapolis to match $60,000 in Madison?
About $64,647 a year gives the same standard of living in Minneapolis.
Where do people earn more, Madison or Minneapolis?
The typical household earns $84,177 in Madison and $87,192 in Minneapolis, 3% more in Minneapolis.