Side-by-side comparison

Minneapolis vs Miami

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

Bottom line

Miami is approximately 2% more expensive than Minneapolis. A single person needs about $3,762/mo in Miami versus $3,699/mo in Minneapolis.

Rent in Minneapolis vs Miami

HUD Fair Market Rents by bedroom count.

Minneapolis · Studio

$1,220

Miami · Studio

$1,711

Miami is $491 (40%) higher than Minneapolis

Minneapolis · 1 bedroom

$1,381

Miami · 1 bedroom

$1,898

Miami is $517 (37%) higher than Minneapolis

Minneapolis · 2 bedroom

$1,685

Miami · 2 bedroom

$2,329

Miami is $644 (38%) higher than Minneapolis

Minneapolis · 3 bedroom

$2,244

Miami · 3 bedroom

$3,008

Miami is $764 (34%) higher than Minneapolis

Income & earnings in Minneapolis vs Miami

Annual figures from Census ACS.

Minneapolis · Household income

$96,339

Miami · Household income

$68,694

Minneapolis is $27,645 (40%) higher than Miami

Minneapolis · Individual earnings

$55,015

Miami · Individual earnings

$38,213

Minneapolis is $16,802 (44%) higher than Miami

Minneapolis · Per capita

$57,633

Miami · Per capita

$37,858

Minneapolis is $19,775 (52%) higher than Miami

Home values in Minneapolis vs Miami

Average values and property tax.

Minneapolis · Average home value

$376,500

Miami · Average home value

$425,400

Miami is $48,900 (13%) higher than Minneapolis

Minneapolis · Annual property tax

$4,337

Miami · Annual property tax

$3,516

Minneapolis is $821 (23%) higher than Miami

Energy in Minneapolis vs Miami

Estimated monthly electricity and gas.

Minneapolis · Monthly electricity

$124

Miami · Monthly electricity

$176

Miami is $52 (42%) higher than Minneapolis

Minneapolis · Monthly gas

$63

Miami · Monthly gas

$21

Minneapolis is $42 (200%) higher than Miami

Minneapolis · Annual total

$2,244

Miami · Annual total

$2,364

Miami is $120 (5%) higher than Minneapolis

Healthcare in Minneapolis vs Miami

Marketplace premium estimates and coverage rate.

Minneapolis · Individual premium

$480

Miami · Individual premium

$480

Minneapolis and Miami are about the same

Minneapolis · Family premium

$1,350

Miami · Family premium

$1,350

Minneapolis and Miami are about the same

Minneapolis · Uninsured rate

4.5%

Miami · Uninsured rate

14.3%

Miami is 9.8% (218%) higher than Minneapolis

Taxes in Minneapolis vs Miami

State income and sales tax.

Minneapolis · State income tax

9.8%

Miami · State income tax

0.0%

Minneapolis is 9.8% higher than Miami

Minneapolis · State sales tax

6.9%

Miami · State sales tax

6.0%

Minneapolis is 0.9% (15%) higher than Miami

Minneapolis · Combined sales tax

7.5%

Miami · Combined sales tax

7.0%

Minneapolis is 0.5% (7%) higher than Miami

Transportation in Minneapolis vs Miami

Commute time and travel modes.

Minneapolis · Average commute

22.4 min

Miami · Average commute

31.0 min

Miami is 8.6 min (38%) higher than Minneapolis

Minneapolis · Drive alone

62.1%

Miami · Drive alone

70.7%

Miami is 8.6% (14%) higher than Minneapolis

Minneapolis · Public transit

4.0%

Miami · Public transit

3.3%

Minneapolis is 0.7% (21%) higher than Miami

Monthly cost estimates in Minneapolis vs Miami

All categories combined.

Minneapolis · Single person

$3,699

Miami · Single person

$3,762

Miami is $63 (2%) higher than Minneapolis

Minneapolis · Couple

$5,503

Miami · Couple

$5,291

Minneapolis is $212 (4%) higher than Miami

Minneapolis · Family

$8,206

Miami · Family

$8,128

Minneapolis is $78 (1%) higher than Miami

Frequently asked questions

Common questions comparing Minneapolis and Miami.

Is Minneapolis or Miami more expensive?

Miami is more expensive overall. A single person needs approximately $3,699/mo in Minneapolis, Minnesota and $3,762/mo in Miami, Florida, a difference of about 2%.

What is the rent difference between Minneapolis and Miami?

Average one-bedroom rent in Minneapolis, Minnesota is $1,381/mo versus $1,898/mo in Miami, Florida. Miami is approximately $517 (37%) more expensive for a one-bedroom apartment.

Which has higher income, Minneapolis or Miami?

Minneapolis has the higher average household income. Minneapolis households earn approximately $96,339 per year; Miami households earn approximately $68,694 per year.

More on Minneapolis and Miami

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

Minneapolis profile Miami 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.