Side-by-side comparison

Plano vs Minneapolis

Cost of living comparison for Plano, Texas and Minneapolis, Minnesota.

Bottom line

Plano is approximately 2% more expensive than Minneapolis. A single person needs about $3,765/mo in Plano versus $3,699/mo in Minneapolis.

Rent in Plano vs Minneapolis

HUD Fair Market Rents by bedroom count.

Plano · Studio

$1,531

Minneapolis · Studio

$1,220

Plano is $311 (25%) higher than Minneapolis

Plano · 1 bedroom

$1,606

Minneapolis · 1 bedroom

$1,381

Plano is $225 (16%) higher than Minneapolis

Plano · 2 bedroom

$1,884

Minneapolis · 2 bedroom

$1,685

Plano is $199 (12%) higher than Minneapolis

Plano · 3 bedroom

$2,361

Minneapolis · 3 bedroom

$2,244

Plano is $117 (5%) higher than Minneapolis

Income & earnings in Plano vs Minneapolis

Annual figures from Census ACS.

Plano · Household income

$117,588

Minneapolis · Household income

$96,339

Plano is $21,249 (22%) higher than Minneapolis

Plano · Individual earnings

$61,438

Minneapolis · Individual earnings

$55,015

Plano is $6,423 (12%) higher than Minneapolis

Plano · Per capita

$55,057

Minneapolis · Per capita

$57,633

Minneapolis is $2,576 (5%) higher than Plano

Home values in Plano vs Minneapolis

Average values and property tax.

Plano · Average home value

$447,600

Minneapolis · Average home value

$376,500

Plano is $71,100 (19%) higher than Minneapolis

Plano · Annual property tax

$7,432

Minneapolis · Annual property tax

$4,337

Plano is $3,095 (71%) higher than Minneapolis

Energy in Plano vs Minneapolis

Estimated monthly electricity and gas.

Plano · Monthly electricity

$167

Minneapolis · Monthly electricity

$124

Plano is $43 (35%) higher than Minneapolis

Plano · Monthly gas

$32

Minneapolis · Monthly gas

$63

Minneapolis is $31 (97%) higher than Plano

Plano · Annual total

$2,388

Minneapolis · Annual total

$2,244

Plano is $144 (6%) higher than Minneapolis

Healthcare in Plano vs Minneapolis

Marketplace premium estimates and coverage rate.

Plano · Individual premium

$480

Minneapolis · Individual premium

$480

Plano and Minneapolis are about the same

Plano · Family premium

$1,350

Minneapolis · Family premium

$1,350

Plano and Minneapolis are about the same

Plano · Uninsured rate

9.9%

Minneapolis · Uninsured rate

4.5%

Plano is 5.4% (120%) higher than Minneapolis

Taxes in Plano vs Minneapolis

State income and sales tax.

Plano · State income tax

0.0%

Minneapolis · State income tax

9.8%

Minneapolis is 9.8% higher than Plano

Plano · State sales tax

6.3%

Minneapolis · State sales tax

6.9%

Minneapolis is 0.6% (10%) higher than Plano

Plano · Combined sales tax

8.2%

Minneapolis · Combined sales tax

7.5%

Plano is 0.7% (9%) higher than Minneapolis

Transportation in Plano vs Minneapolis

Commute time and travel modes.

Plano · Average commute

28.1 min

Minneapolis · Average commute

22.4 min

Plano is 5.7 min (25%) higher than Minneapolis

Plano · Drive alone

64.7%

Minneapolis · Drive alone

62.1%

Plano is 2.6% (4%) higher than Minneapolis

Plano · Public transit

0.6%

Minneapolis · Public transit

4.0%

Minneapolis is 3.4% (567%) higher than Plano

Monthly cost estimates in Plano vs Minneapolis

All categories combined.

Plano · Single person

$3,765

Minneapolis · Single person

$3,699

Plano is $66 (2%) higher than Minneapolis

Plano · Couple

$5,550

Minneapolis · Couple

$5,503

Plano is $47 (1%) higher than Minneapolis

Plano · Family

$8,169

Minneapolis · Family

$8,206

Minneapolis is $37 (0%) higher than Plano

Frequently asked questions

Common questions comparing Plano and Minneapolis.

Is Plano or Minneapolis more expensive?

Plano is more expensive overall. A single person needs approximately $3,765/mo in Plano, Texas and $3,699/mo in Minneapolis, Minnesota, a difference of about 2%.

What is the rent difference between Plano and Minneapolis?

Average one-bedroom rent in Plano, Texas is $1,606/mo versus $1,381/mo in Minneapolis, Minnesota. Plano is approximately $225 (16%) more expensive for a one-bedroom apartment.

Which has higher income, Plano or Minneapolis?

Plano has the higher average household income. Plano households earn approximately $117,588 per year; Minneapolis households earn approximately $96,339 per year.

More on Plano and Minneapolis

Read full profiles for either area, or pick a different pair to compare.

Plano profile Minneapolis profile Compare different areas

About this data

Figures come from official U.S. government sources including the Census Bureau (ACS), HUD Fair Market Rents, and the Energy Information Administration. See our methodology for details.