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Minneapolis vs Tampa

Cost of living comparison for Minneapolis, Minnesota and Tampa, Florida.

Bottom line

Minneapolis is approximately 4% more expensive than Tampa. A single person needs about $3,699/mo in Minneapolis versus $3,567/mo in Tampa.

Rent in Minneapolis vs Tampa

HUD Fair Market Rents by bedroom count.

Minneapolis · Studio
$1,220
Tampa · Studio
$1,566
Tampa is $346 (28%) higher than Minneapolis
Minneapolis · 1 bedroom
$1,381
Tampa · 1 bedroom
$1,686
Tampa is $305 (22%) higher than Minneapolis
Minneapolis · 2 bedroom
$1,685
Tampa · 2 bedroom
$1,978
Tampa is $293 (17%) higher than Minneapolis
Minneapolis · 3 bedroom
$2,244
Tampa · 3 bedroom
$2,533
Tampa is $289 (13%) higher than Minneapolis

Income & earnings in Minneapolis vs Tampa

Annual figures from Census ACS.

Minneapolis · Household income
$96,339
Tampa · Household income
$75,011
Minneapolis is $21,328 (28%) higher than Tampa
Minneapolis · Individual earnings
$55,015
Tampa · Individual earnings
$43,484
Minneapolis is $11,531 (27%) higher than Tampa
Minneapolis · Per capita
$57,633
Tampa · Per capita
$41,980
Minneapolis is $15,653 (37%) higher than Tampa

Home values in Minneapolis vs Tampa

Average values and property tax.

Minneapolis · Average home value
$376,500
Tampa · Average home value
$333,300
Minneapolis is $43,200 (13%) higher than Tampa
Minneapolis · Annual property tax
$4,337
Tampa · Annual property tax
$2,787
Minneapolis is $1,550 (56%) higher than Tampa

Energy in Minneapolis vs Tampa

Estimated monthly electricity and gas.

Minneapolis · Monthly electricity
$124
Tampa · Monthly electricity
$176
Tampa is $52 (42%) higher than Minneapolis
Minneapolis · Monthly gas
$63
Tampa · Monthly gas
$21
Minneapolis is $42 (200%) higher than Tampa
Minneapolis · Annual total
$2,244
Tampa · Annual total
$2,364
Tampa is $120 (5%) higher than Minneapolis

Healthcare in Minneapolis vs Tampa

Marketplace premium estimates and coverage rate.

Minneapolis · Individual premium
$480
Tampa · Individual premium
$480
Minneapolis and Tampa are about the same
Minneapolis · Family premium
$1,350
Tampa · Family premium
$1,350
Minneapolis and Tampa are about the same
Minneapolis · Uninsured rate
4.5%
Tampa · Uninsured rate
11.5%
Tampa is 7.0% (156%) higher than Minneapolis

Taxes in Minneapolis vs Tampa

State income and sales tax.

Minneapolis · State income tax
9.8%
Tampa · State income tax
0.0%
Minneapolis is 9.8% higher than Tampa
Minneapolis · State sales tax
6.9%
Tampa · State sales tax
6.0%
Minneapolis is 0.9% (15%) higher than Tampa
Minneapolis · Combined sales tax
7.5%
Tampa · Combined sales tax
7.0%
Minneapolis is 0.5% (7%) higher than Tampa

Transportation in Minneapolis vs Tampa

Commute time and travel modes.

Minneapolis · Average commute
22.4 min
Tampa · Average commute
28.7 min
Tampa is 6.3 min (28%) higher than Minneapolis
Minneapolis · Drive alone
62.1%
Tampa · Drive alone
68.9%
Tampa is 6.8% (11%) higher than Minneapolis
Minneapolis · Public transit
4.0%
Tampa · Public transit
0.8%
Minneapolis is 3.2% (400%) higher than Tampa

Monthly cost estimates in Minneapolis vs Tampa

All categories combined.

Minneapolis · Single person
$3,699
Tampa · Single person
$3,567
Minneapolis is $132 (4%) higher than Tampa
Minneapolis · Couple
$5,503
Tampa · Couple
$4,974
Minneapolis is $529 (11%) higher than Tampa
Minneapolis · Family
$8,206
Tampa · Family
$7,687
Minneapolis is $519 (7%) higher than Tampa

Frequently asked questions

Common questions comparing Minneapolis and Tampa.

Is Minneapolis or Tampa more expensive?

Minneapolis is more expensive overall. A single person needs approximately $3,699/mo in Minneapolis, Minnesota and $3,567/mo in Tampa, Florida, a difference of about 4%.

What is the rent difference between Minneapolis and Tampa?

Average one-bedroom rent in Minneapolis, Minnesota is $1,381/mo versus $1,686/mo in Tampa, Florida. Tampa is approximately $305 (22%) more expensive for a one-bedroom apartment.

Which has higher income, Minneapolis or Tampa?

Minneapolis has the higher average household income. Minneapolis households earn approximately $96,339 per year; Tampa households earn approximately $75,011 per year.

More on Minneapolis and Tampa

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

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.