salaryAbout the sameBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Plano to live the same way.
🏠 Rent per month
$1,649
$2,010
🛏️ 2-bedroom rent
$1,805
$2,058
💵 Families earn per year
$87,192
$121,065
🔑 Buying a house
$362,200
$465,900
📊 Overall prices (U.S. = 100)
104.8
103.1
🏛️ Property tax per year
$4,339
$6,700
⚡ Electric bill per month
$91
$176
👥 People living there
427,246
290,594
Commute to work
22 min
25.4 min
College degree
55.5%
60.5%
Own their home
47.7%
56.9%
Below poverty line
16%
6.8%
Unemployment
5.9%
4%
Bottom line
- Pick Minneapolis for lower rent, cheaper 2-bedroom apartments, cheaper homes and 1 more.
- Pick Plano for higher incomes, a more educated workforce, less poverty and 1 more.
Pay for the same job
| Job | Minneapolis | Plano | Difference |
|---|---|---|---|
| Firefighter | $39,350 | $64,900 | +65% in Plano |
| Plumber | $101,630 | $61,250 | -40% in Plano |
| Carpenter | $74,060 | $48,740 | -34% in Plano |
| Electrician | $81,890 | $59,010 | -28% in Plano |
| Market Research Analyst | $97,910 | $75,240 | -23% in Plano |
| HVAC Technician | $77,490 | $59,560 | -23% in Plano |
| Nursing Assistant | $48,020 | $38,530 | -20% in Plano |
| Warehouse Worker | $47,320 | $38,510 | -19% in Plano |
Frequently asked questions
Is Minneapolis or Plano cheaper to live in?
Minneapolis and Plano cost about the same once rent and everyday costs are combined.
What salary do I need in Plano to match $60,000 in Minneapolis?
About $59,009 a year gives the same standard of living in Plano.
Where do people earn more, Minneapolis or Plano?
The typical household earns $87,192 in Minneapolis and $121,065 in Plano, 28% more in Plano.