Cost of living in Minneapolis — 2026
Minneapolis has 426,845 residents and lies in Minnesota. Median rent there comes to roughly €1,136 per month in 2026. To buy, expect 295,410 €. Median income is 68,612 €/year, meaning reference rent absorbs about 20% of monthly income.
Cost of living in Minneapolis
Rent
- Median rent
- 1,136 €/month
Buy
- Median home value
- 295,410 €
Income
- Median household income
- 68,612 €/year
Local taxes
- Median property tax paid
- 3,574 €/year
Quality of life — Minneapolis
Rent burdenShare of household income spent on rent — US Census ACS 5-year 2023
Poverty rateShare of the population below the poverty line — US Census ACS 5-year 2023
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