salaryMinneapolis is 6% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Tacoma to live the same way.
🏠 Rent per month
$1,649
$1,944
🛏️ 2-bedroom rent
$1,805
$1,883
💵 Families earn per year
$87,192
$92,626
🔑 Buying a house
$362,200
$479,600
📊 Overall prices (U.S. = 100)
104.8
111.1
🏛️ Property tax per year
$4,339
$4,482
⚡ Electric bill per month
$91
$148
👥 People living there
427,246
222,758
Commute to work
22 min
28.8 min
College degree
55.5%
34.5%
Own their home
47.7%
55.8%
Below poverty line
16%
12.4%
Unemployment
5.9%
5.6%
Bottom line
- Pick Minneapolis for lower rent, cheaper 2-bedroom apartments, cheaper homes and 2 more.
- Pick Tacoma for higher incomes, less poverty, lower unemployment.
Pay for the same job
| Job | Minneapolis | Tacoma | Difference |
|---|---|---|---|
| Firefighter | $39,350 | $101,090 | +157% in Tacoma |
| Server (Waiter/Waitress) | $25,920 | $57,280 | +121% in Tacoma |
| Operations Manager | $103,570 | $146,030 | +41% in Tacoma |
| Licensed Practical Nurse | $65,660 | $85,690 | +31% in Tacoma |
| Elementary School Teacher | $79,730 | $102,920 | +29% in Tacoma |
| Software Developer | $130,920 | $167,280 | +28% in Tacoma |
| Registered Nurse | $103,040 | $128,260 | +24% in Tacoma |
| Electrician | $81,890 | $101,780 | +24% in Tacoma |
Frequently asked questions
Is Minneapolis or Tacoma cheaper to live in?
Minneapolis is about 6% cheaper overall. Rent is $1,649 a month there versus $1,944 in Tacoma.
What salary do I need in Tacoma to match $60,000 in Minneapolis?
About $63,612 a year gives the same standard of living in Tacoma.
Where do people earn more, Minneapolis or Tacoma?
The typical household earns $87,192 in Minneapolis and $92,626 in Tacoma, 6% more in Tacoma.