What is a pro or con of living in New York, New Yorkcompared to Minneapolis, Minnesota?

Median Home Cost is 130% more expensive in New York.

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

A salary of $130,000 in Minneapolis, Minnesota should increase to $208,743 in New York, New York (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.

MINNEAPOLIS vs. NEW YORK
Cost of Living Comparison

Minneapolis, Minnesota vs. New York, New York

Cost of Living Comparison

The cost of living in New York, New York is 60.6% more expensive than Minneapolis, Minnesota.

You would need a salary of $208,743 in New York, New York to maintain the standard of living you have in Minneapolis, Minnesota.

Comparison highlights

• Overall, New York, New York is more expensive than Minneapolis, Minnesota
• Median Home Cost is the biggest factor in the cost of living difference.

Median Home Cost
130% more expensive in New York
than in Minneapolis, Minnesota

Minneapolis, MN vs. New York, NY

Compared to Minneapolis, New York is:

Homeowner

No Child Care, Taxes not Considered

60.6% 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

15.2% higher

Housing (Homeowner)

151.3% higher

Housing (Rent)

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Median Home Cost

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Utilities

51.0% higher

Commute

66.9% higher

Health

68.3% higher

Taxes

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Childcare

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Personal

12.0% higher

Cost of Food

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Minneapolis, Minnesota vs. New York, New York

Cost of Living Comparison

Comparison highlights

Minneapolis, MN vs. New York, NY

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