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Minneapolis vs St. Petersburg

Cost of living comparison for Minneapolis, Minnesota and St. Petersburg, Florida.

Bottom line

Minneapolis is approximately 1% more expensive than St. Petersburg. A single person needs about $3,699/mo in Minneapolis versus $3,645/mo in St. Petersburg.

Rent in Minneapolis vs St. Petersburg

HUD Fair Market Rents by bedroom count.

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

Income & earnings in Minneapolis vs St. Petersburg

Annual figures from Census ACS.

Minneapolis · Household income
$96,339
St. Petersburg · Household income
$70,293
Minneapolis is $26,046 (37%) higher than St. Petersburg
Minneapolis · Individual earnings
$55,015
St. Petersburg · Individual earnings
$44,005
Minneapolis is $11,010 (25%) higher than St. Petersburg
Minneapolis · Per capita
$57,633
St. Petersburg · Per capita
$46,580
Minneapolis is $11,053 (24%) higher than St. Petersburg

Home values in Minneapolis vs St. Petersburg

Average values and property tax.

Minneapolis · Average home value
$376,500
St. Petersburg · Average home value
$319,000
Minneapolis is $57,500 (18%) higher than St. Petersburg
Minneapolis · Annual property tax
$4,337
St. Petersburg · Annual property tax
$2,324
Minneapolis is $2,013 (87%) higher than St. Petersburg

Energy in Minneapolis vs St. Petersburg

Estimated monthly electricity and gas.

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

Healthcare in Minneapolis vs St. Petersburg

Marketplace premium estimates and coverage rate.

Minneapolis · Individual premium
$480
St. Petersburg · Individual premium
$480
Minneapolis and St. Petersburg are about the same
Minneapolis · Family premium
$1,350
St. Petersburg · Family premium
$1,350
Minneapolis and St. Petersburg are about the same
Minneapolis · Uninsured rate
4.5%
St. Petersburg · Uninsured rate
10.7%
St. Petersburg is 6.2% (138%) higher than Minneapolis

Taxes in Minneapolis vs St. Petersburg

State income and sales tax.

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

Transportation in Minneapolis vs St. Petersburg

Commute time and travel modes.

Minneapolis · Average commute
22.4 min
St. Petersburg · Average commute
25.3 min
St. Petersburg is 2.9 min (13%) higher than Minneapolis
Minneapolis · Drive alone
62.1%
St. Petersburg · Drive alone
70.2%
St. Petersburg is 8.1% (13%) higher than Minneapolis
Minneapolis · Public transit
4.0%
St. Petersburg · Public transit
1.1%
Minneapolis is 2.9% (264%) higher than St. Petersburg

Monthly cost estimates in Minneapolis vs St. Petersburg

All categories combined.

Minneapolis · Single person
$3,699
St. Petersburg · Single person
$3,645
Minneapolis is $54 (1%) higher than St. Petersburg
Minneapolis · Couple
$5,503
St. Petersburg · Couple
$4,966
Minneapolis is $537 (11%) higher than St. Petersburg
Minneapolis · Family
$8,206
St. Petersburg · Family
$7,679
Minneapolis is $527 (7%) higher than St. Petersburg

Frequently asked questions

Common questions comparing Minneapolis and St. Petersburg.

Is Minneapolis or St. Petersburg more expensive?

Minneapolis is more expensive overall. A single person needs approximately $3,699/mo in Minneapolis, Minnesota and $3,645/mo in St. Petersburg, Florida, a difference of about 1%.

What is the rent difference between Minneapolis and St. Petersburg?

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

Which has higher income, Minneapolis or St. Petersburg?

Minneapolis has the higher average household income. Minneapolis households earn approximately $96,339 per year; St. Petersburg households earn approximately $70,293 per year.

More on Minneapolis and St. Petersburg

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.