What is a pro or con of living in Minneapolis, Minnesotacompared to Albuquerque, New Mexico?

Childcare is 55% more expensive in Minneapolis.

What salary do I need to live in Minneapolis, Minnesota copmared to Albuquerque, New Mexico?

A salary of $95,000 in Albuquerque, New Mexico should increase to $109,857 in Minneapolis, Minnesota (assumptions include Homeowner, no Child Care, and Taxes are not considered.

What is a cost of living index?

A Cost of living index is a number starting at 100(100 = US Average). Higher means the place is more expensive than the US Average and lower than 100 means the place is less expensive than the US Average.

ALBUQUERQUE vs. MINNEAPOLIS
Cost of Living Comparison

Albuquerque, New Mexico vs. Minneapolis, Minnesota

Cost of Living Comparison

The cost of living in Minneapolis, Minnesota is 15.6% more expensive than Albuquerque, New Mexico.

You would need a salary of $109,857 in Minneapolis, Minnesota to maintain the standard of living you have in Albuquerque, New Mexico.

Comparison highlights

• Overall, Minneapolis, Minnesota is more expensive than Albuquerque, New Mexico
• Childcare is the biggest factor in the cost of living difference.

Childcare
55% more expensive in Minneapolis
than in Albuquerque, New Mexico

Albuquerque, NM vs. Minneapolis, MN

Compared to Albuquerque, Minneapolis is:

Homeowner

No Child Care, Taxes not Considered

15.6% higher

Child Care, Taxes not Considered

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Child Care, Taxes Considered

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No Child Care, Taxes Considered

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Renter

No Child Care, Taxes not Considered

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Child Care, Taxes not Considered

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Child Care, Taxes Considered

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No Child Care, Taxes Considered

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Food

5.4% higher

Housing (Homeowner)

33.1% higher

Housing (Rent)

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Median Home Cost

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Utilities

2.6% higher

Commute

21.4% higher

Health

5.0% lower

Taxes

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Childcare

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Personal

11.4% higher

Cost of Food

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Albuquerque, New Mexico vs. Minneapolis, Minnesota

Cost of Living Comparison

Comparison highlights

Albuquerque, NM vs. Minneapolis, MN

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