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City guide · Minnesota

Moving to Minneapolis, MN

Lakes, Twin Cities arts, brutal winters.

Pop. 430kCost index 102.5 · 100 = US avgMedian rent $1,500/moMedian home $320kWalk score 71

Minneapolis (metro area) has an overall price level 102.5 (US avg = 100). Housing dominates the difference.

Overall price index
102.5
Housing index
91.3
Groceries index (modeled)
100.6
Utilities index (modeled)
100.4
Electricity rate
15.1 ¢/kWh
Transportation index (modeled)
100.5
Median home value (est.)
$320,000
Median monthly rent (est.)
$1,500/mo

Sources: BLS LAUS 2026-04 · Census ACS 2024 (live) state-level

Minnesota unemployment is 4.5% with median household income $87k.

Unemployment rate
4.5%
Median household income
$87,117
Per-capita income
$47,926
Labor-force participation
68.1%
Right-to-work state
No
Nurse Licensure Compact
Non-member

Sources: FEMA NRI 2025 · Census ACS 2024 (live) city-level

Minneapolis: median home value $320,000.

Home value
$320,000
Rent
$1,500/mo
Homeownership rate
72.0%
Natural-hazard risk (FEMA county avg)
42/100
Hurricane exposure
Low
Wildfire exposure
Low
Tornado risk
Low
Earthquake risk
Low

Minnesota 4th-grade math proficiency: 44.8% at/above NAEP proficient.

4th-grade math proficiency
44.8%
Per-pupil spending
$14,244
Student–teacher ratio (est.)
16
Public 4-yr grad rate
55.0%
Notable universities
Public flagship + regional schools

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