salaryAbout the sameBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Riverside to live the same way.
🏠 Rent per month
$1,649
$2,420
🛏️ 2-bedroom rent
$1,805
$2,020
💵 Families earn per year
$87,192
$98,192
🔑 Buying a house
$362,200
$584,800
📊 Overall prices (U.S. = 100)
104.8
106.4
🏛️ Property tax per year
$4,339
$3,428
⚡ Electric bill per month
$91
$163
👥 People living there
427,246
319,069
Commute to work
22 min
31.3 min
College degree
55.5%
25.7%
Own their home
47.7%
56.8%
Below poverty line
16%
12.2%
Unemployment
5.9%
6.3%
Bottom line
- Pick Minneapolis for lower rent, cheaper 2-bedroom apartments, cheaper homes and 3 more.
- Pick Riverside for higher incomes, less poverty.
Pay for the same job
| Job | Minneapolis | Riverside | Difference |
|---|---|---|---|
| Firefighter | $39,350 | $79,160 | +101% in Riverside |
| Plumber | $101,630 | $63,920 | -37% in Riverside |
| Server (Waiter/Waitress) | $25,920 | $34,800 | +34% in Riverside |
| Registered Nurse | $103,040 | $133,940 | +30% in Riverside |
| Market Research Analyst | $97,910 | $69,840 | -29% in Riverside |
| Nurse Practitioner | $133,370 | $169,920 | +27% in Riverside |
| Elementary School Teacher | $79,730 | $98,520 | +24% in Riverside |
| Licensed Practical Nurse | $65,660 | $76,970 | +17% in Riverside |
Frequently asked questions
Is Minneapolis or Riverside cheaper to live in?
Minneapolis and Riverside cost about the same once rent and everyday costs are combined.
What salary do I need in Riverside to match $60,000 in Minneapolis?
About $60,927 a year gives the same standard of living in Riverside.
Where do people earn more, Minneapolis or Riverside?
The typical household earns $87,192 in Minneapolis and $98,192 in Riverside, 11% more in Riverside.