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Minneapolis vs Salt Lake City

Cost of living comparison for Minneapolis, Minnesota and Salt Lake City, Utah.

Bottom line

Minneapolis is approximately 6% more expensive than Salt Lake City. A single person needs about $3,699/mo in Minneapolis versus $3,494/mo in Salt Lake City.

Rent in Minneapolis vs Salt Lake City

HUD Fair Market Rents by bedroom count.

Minneapolis · Studio
$1,220
Salt Lake City · Studio
$1,243
Salt Lake City is $23 (2%) higher than Minneapolis
Minneapolis · 1 bedroom
$1,381
Salt Lake City · 1 bedroom
$1,453
Salt Lake City is $72 (5%) higher than Minneapolis
Minneapolis · 2 bedroom
$1,685
Salt Lake City · 2 bedroom
$1,748
Salt Lake City is $63 (4%) higher than Minneapolis
Minneapolis · 3 bedroom
$2,244
Salt Lake City · 3 bedroom
$2,348
Salt Lake City is $104 (5%) higher than Minneapolis

Income & earnings in Minneapolis vs Salt Lake City

Annual figures from Census ACS.

Minneapolis · Household income
$96,339
Salt Lake City · Household income
$94,658
Minneapolis is $1,681 (2%) higher than Salt Lake City
Minneapolis · Individual earnings
$55,015
Salt Lake City · Individual earnings
$46,252
Minneapolis is $8,763 (19%) higher than Salt Lake City
Minneapolis · Per capita
$57,633
Salt Lake City · Per capita
$43,393
Minneapolis is $14,240 (33%) higher than Salt Lake City

Home values in Minneapolis vs Salt Lake City

Average values and property tax.

Minneapolis · Average home value
$376,500
Salt Lake City · Average home value
$484,500
Salt Lake City is $108,000 (29%) higher than Minneapolis
Minneapolis · Annual property tax
$4,337
Salt Lake City · Annual property tax
$2,726
Minneapolis is $1,611 (59%) higher than Salt Lake City

Energy in Minneapolis vs Salt Lake City

Estimated monthly electricity and gas.

Minneapolis · Monthly electricity
$124
Salt Lake City · Monthly electricity
$90
Minneapolis is $34 (38%) higher than Salt Lake City
Minneapolis · Monthly gas
$63
Salt Lake City · Monthly gas
$50
Minneapolis is $13 (26%) higher than Salt Lake City
Minneapolis · Annual total
$2,244
Salt Lake City · Annual total
$1,680
Minneapolis is $564 (34%) higher than Salt Lake City

Healthcare in Minneapolis vs Salt Lake City

Marketplace premium estimates and coverage rate.

Minneapolis · Individual premium
$480
Salt Lake City · Individual premium
$480
Minneapolis and Salt Lake City are about the same
Minneapolis · Family premium
$1,350
Salt Lake City · Family premium
$1,350
Minneapolis and Salt Lake City are about the same
Minneapolis · Uninsured rate
4.5%
Salt Lake City · Uninsured rate
9.6%
Salt Lake City is 5.1% (113%) higher than Minneapolis

Taxes in Minneapolis vs Salt Lake City

State income and sales tax.

Minneapolis · State income tax
9.8%
Salt Lake City · State income tax
4.7%
Minneapolis is 5.2% (112%) higher than Salt Lake City
Minneapolis · State sales tax
6.9%
Salt Lake City · State sales tax
6.1%
Minneapolis is 0.8% (13%) higher than Salt Lake City
Minneapolis · Combined sales tax
7.5%
Salt Lake City · Combined sales tax
7.2%
Minneapolis is 0.3% (5%) higher than Salt Lake City

Transportation in Minneapolis vs Salt Lake City

Commute time and travel modes.

Minneapolis · Average commute
22.4 min
Salt Lake City · Average commute
22.4 min
Minneapolis and Salt Lake City are about the same
Minneapolis · Drive alone
62.1%
Salt Lake City · Drive alone
66.8%
Salt Lake City is 4.7% (8%) higher than Minneapolis
Minneapolis · Public transit
4.0%
Salt Lake City · Public transit
2.3%
Minneapolis is 1.7% (74%) higher than Salt Lake City

Monthly cost estimates in Minneapolis vs Salt Lake City

All categories combined.

Minneapolis · Single person
$3,699
Salt Lake City · Single person
$3,494
Minneapolis is $205 (6%) higher than Salt Lake City
Minneapolis · Couple
$5,503
Salt Lake City · Couple
$5,349
Minneapolis is $154 (3%) higher than Salt Lake City
Minneapolis · Family
$8,206
Salt Lake City · Family
$8,084
Minneapolis is $122 (2%) higher than Salt Lake City

Frequently asked questions

Common questions comparing Minneapolis and Salt Lake City.

Is Minneapolis or Salt Lake City more expensive?

Minneapolis is more expensive overall. A single person needs approximately $3,699/mo in Minneapolis, Minnesota and $3,494/mo in Salt Lake City, Utah, a difference of about 6%.

What is the rent difference between Minneapolis and Salt Lake City?

Average one-bedroom rent in Minneapolis, Minnesota is $1,381/mo versus $1,453/mo in Salt Lake City, Utah. Salt Lake City is approximately $72 (5%) more expensive for a one-bedroom apartment.

Which has higher income, Minneapolis or Salt Lake City?

Minneapolis has the higher average household income. Minneapolis households earn approximately $96,339 per year; Salt Lake City households earn approximately $94,658 per year.

More on Minneapolis and Salt Lake City

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.