salaryMinneapolis is 3% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Yonkers to live the same way.
🏠 Rent per month
$1,649
$2,436
🛏️ 2-bedroom rent
$1,805
$2,060
💵 Families earn per year
$87,192
$90,108
🔑 Buying a house
$362,200
$501,600
📊 Overall prices (U.S. = 100)
104.8
107.9
🏛️ Property tax per year
$4,339
$9,676
⚡ Electric bill per month
$91
$157
👥 People living there
427,246
209,978
Commute to work
22 min
35.6 min
College degree
55.5%
35.7%
Own their home
47.7%
46.2%
Below poverty line
16%
13.8%
Unemployment
5.9%
7.1%
Bottom line
- Pick Minneapolis for lower rent, cheaper 2-bedroom apartments, cheaper homes and 3 more.
- Pick Yonkers for higher incomes, less poverty.
Frequently asked questions
Is Minneapolis or Yonkers cheaper to live in?
Minneapolis is about 3% cheaper overall. Rent is $1,649 a month there versus $2,436 in Yonkers.
What salary do I need in Yonkers to match $60,000 in Minneapolis?
About $61,774 a year gives the same standard of living in Yonkers.
Where do people earn more, Minneapolis or Yonkers?
The typical household earns $87,192 in Minneapolis and $90,108 in Yonkers, 3% more in Yonkers.