Minneapolis is 10% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Oakland to live the same way.
🏠 Rent per month
$1,649
$2,511
🛏️ 2-bedroom rent
$1,805
$2,352
💵 Families earn per year
$87,192
$109,576
🔑 Buying a house
$362,200
$929,900
📊 Overall prices (U.S. = 100)
104.8
115.6
🏛️ Property tax per year
$4,339
$8,575
⚡ Electric bill per month
$91
$127
👥 People living there
427,246
439,418
Commute to work
22 min
29.8 min
College degree
55.5%
48.7%
Own their home
47.7%
42.3%
Below poverty line
16%
13.4%
Unemployment
5.9%
6.4%
Bottom line
- Pick Minneapolis for lower rent, cheaper 2-bedroom apartments, cheaper homes and 3 more.
- Pick Oakland for higher incomes, less poverty.
Pay for the same job
| Job | Minneapolis | Oakland | Difference |
|---|---|---|---|
| Firefighter | $39,350 | $113,700 | +189% in Oakland |
| Registered Nurse | $103,040 | $186,610 | +81% in Oakland |
| Nurse Practitioner | $133,370 | $219,080 | +64% in Oakland |
| Server (Waiter/Waitress) | $25,920 | $38,860 | +50% in Oakland |
| Operations Manager | $103,570 | $149,990 | +45% in Oakland |
| Licensed Practical Nurse | $65,660 | $94,310 | +44% in Oakland |
| Software Developer | $130,920 | $186,640 | +43% in Oakland |
| Police Officer | $97,190 | $132,000 | +36% in Oakland |
Frequently asked questions
Is Minneapolis or Oakland cheaper to live in?
Minneapolis is about 10% cheaper overall. Rent is $1,649 a month there versus $2,511 in Oakland.
What salary do I need in Oakland to match $60,000 in Minneapolis?
About $66,177 a year gives the same standard of living in Oakland.
Where do people earn more, Minneapolis or Oakland?
The typical household earns $87,192 in Minneapolis and $109,576 in Oakland, 20% more in Oakland.