Side-by-side comparison

Minneapolis vs Raleigh

Cost of living comparison for Minneapolis, Minnesota and Raleigh, North Carolina.

Bottom line

Raleigh is approximately 3% more expensive than Minneapolis. A single person needs about $3,827/mo in Raleigh versus $3,699/mo in Minneapolis.

Rent in Minneapolis vs Raleigh

HUD Fair Market Rents by bedroom count.

Minneapolis · Studio

$1,220

Raleigh · Studio

$1,533

Raleigh is $313 (26%) higher than Minneapolis

Minneapolis · 1 bedroom

$1,381

Raleigh · 1 bedroom

$1,592

Raleigh is $211 (15%) higher than Minneapolis

Minneapolis · 2 bedroom

$1,685

Raleigh · 2 bedroom

$1,763

Raleigh is $78 (5%) higher than Minneapolis

Minneapolis · 3 bedroom

$2,244

Raleigh · 3 bedroom

$2,192

Minneapolis is $52 (2%) higher than Raleigh

Income & earnings in Minneapolis vs Raleigh

Annual figures from Census ACS.

Minneapolis · Household income

$96,339

Raleigh · Household income

$101,763

Raleigh is $5,424 (6%) higher than Minneapolis

Minneapolis · Individual earnings

$55,015

Raleigh · Individual earnings

$54,712

Minneapolis is $303 (1%) higher than Raleigh

Minneapolis · Per capita

$57,633

Raleigh · Per capita

$52,949

Minneapolis is $4,684 (9%) higher than Raleigh

Home values in Minneapolis vs Raleigh

Average values and property tax.

Minneapolis · Average home value

$376,500

Raleigh · Average home value

$422,800

Raleigh is $46,300 (12%) higher than Minneapolis

Minneapolis · Annual property tax

$4,337

Raleigh · Annual property tax

$3,023

Minneapolis is $1,314 (43%) higher than Raleigh

Energy in Minneapolis vs Raleigh

Estimated monthly electricity and gas.

Minneapolis · Monthly electricity

$124

Raleigh · Monthly electricity

$147

Raleigh is $23 (19%) higher than Minneapolis

Minneapolis · Monthly gas

$63

Raleigh · Monthly gas

$40

Minneapolis is $23 (57%) higher than Raleigh

Minneapolis · Annual total

$2,244

Raleigh · Annual total

$2,244

Minneapolis and Raleigh are about the same

Healthcare in Minneapolis vs Raleigh

Marketplace premium estimates and coverage rate.

Minneapolis · Individual premium

$480

Raleigh · Individual premium

$480

Minneapolis and Raleigh are about the same

Minneapolis · Family premium

$1,350

Raleigh · Family premium

$1,350

Minneapolis and Raleigh are about the same

Minneapolis · Uninsured rate

4.5%

Raleigh · Uninsured rate

8.2%

Raleigh is 3.7% (82%) higher than Minneapolis

Taxes in Minneapolis vs Raleigh

State income and sales tax.

Minneapolis · State income tax

9.8%

Raleigh · State income tax

4.5%

Minneapolis is 5.3% (119%) higher than Raleigh

Minneapolis · State sales tax

6.9%

Raleigh · State sales tax

4.8%

Minneapolis is 2.1% (45%) higher than Raleigh

Minneapolis · Combined sales tax

7.5%

Raleigh · Combined sales tax

7.0%

Minneapolis is 0.5% (8%) higher than Raleigh

Transportation in Minneapolis vs Raleigh

Commute time and travel modes.

Minneapolis · Average commute

22.4 min

Raleigh · Average commute

25.3 min

Raleigh is 2.9 min (13%) higher than Minneapolis

Minneapolis · Drive alone

62.1%

Raleigh · Drive alone

64.4%

Raleigh is 2.3% (4%) higher than Minneapolis

Minneapolis · Public transit

4.0%

Raleigh · Public transit

0.7%

Minneapolis is 3.3% (471%) higher than Raleigh

Monthly cost estimates in Minneapolis vs Raleigh

All categories combined.

Minneapolis · Single person

$3,699

Raleigh · Single person

$3,827

Raleigh is $128 (3%) higher than Minneapolis

Minneapolis · Couple

$5,503

Raleigh · Couple

$5,526

Raleigh is $23 (0%) higher than Minneapolis

Minneapolis · Family

$8,206

Raleigh · Family

$8,087

Minneapolis is $119 (1%) higher than Raleigh

Frequently asked questions

Common questions comparing Minneapolis and Raleigh.

Is Minneapolis or Raleigh more expensive?

Raleigh is more expensive overall. A single person needs approximately $3,699/mo in Minneapolis, Minnesota and $3,827/mo in Raleigh, North Carolina, a difference of about 3%.

What is the rent difference between Minneapolis and Raleigh?

Average one-bedroom rent in Minneapolis, Minnesota is $1,381/mo versus $1,592/mo in Raleigh, North Carolina. Raleigh is approximately $211 (15%) more expensive for a one-bedroom apartment.

Which has higher income, Minneapolis or Raleigh?

Raleigh has the higher average household income. Minneapolis households earn approximately $96,339 per year; Raleigh households earn approximately $101,763 per year.

More on Minneapolis and Raleigh

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

Minneapolis profile Raleigh 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.