Cost of Living in Minneapolis, MN
Population: 426,845 | Minnesota
105
Cost of Living Index
US Average = 100
Minneapolis is 5% more expensive than the national average.
101
Housing
113
Home Values
104
Regional Price
Income
- Median Household Income
- $80,269
- vs US Median ($75,149)
- +7%
Housing
- Median Rent
- $1,329/mo
- Median Home Value
- $345,600
- Median Monthly Housing Cost
- $1,513/mo
Everyday Prices in Minneapolis
BLS Average Prices for the Minneapolis-St. Paul-Bloomington, MN-WI (Metropolitan Statistical Area) area
⛽
$3.20
Gasoline (regular)
per gallon
+5% vs US
🥚
$2.61
Eggs (grade A, large)
per dozen
+5% vs US
🥛
$4.21
Milk (whole)
per gallon
+5% vs US
🍞
$1.93
Bread (white)
per lb
+5% vs US
🍗
$4.33
Chicken breast
per lb
+5% vs US
⚡
$0.17
Electricity
per kWh
-10% vs US
Climate in Minneapolis
NOAA 30-year normals (1991-2020)
46.9°F
Avg Temperature
31.6"
Rainfall / Year
119d
Rainy Days / Year
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 24 | 29 | 42 | 57 | 69 | 79 | 83 | 81 | 73 | 58 | 42 | 29 |
| Avg °F | 16 | 21 | 33 | 47 | 60 | 70 | 74 | 72 | 64 | 50 | 35 | 22 |
| Low °F | 9 | 13 | 25 | 38 | 50 | 60 | 65 | 63 | 54 | 41 | 28 | 15 |
| Rain" | 0.9 | 0.9 | 1.7 | 2.9 | 3.9 | 4.6 | 4.1 | 4.3 | 3.0 | 2.6 | 1.6 | 1.2 |