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Minneapolis vs New York: prices, pay and housing
| Minneapolis, MN | New York, NY | |
|---|---|---|
| BEA price parity (U.S. = 100) | 104.8 | 112.6 |
| Average salary, all jobs | $74,580 | $86,310 |
| Median salary, all jobs | $59,320 | $61,430 |
| Average salary adjusted for prices | $71,149 | $76,677 |
| Take-home on the average salary* | $57,749 | $65,407 |
| Typical home value | $393,774 | $727,625 |
| Median household income | $98,180 | $97,334 |
| Home price / household income | 4.0 | 7.5 |
| Metro population | 3,693,351 | 19,756,722 |
*Single filer, federal and state income tax and FICA (2026 rules); city income taxes included where we model them.
Compare with another city or state
Equivalent salary: Minneapolis to New York
To keep the same standard of living when moving from Minneapolis to New York, multiply your salary by 1.074.
| Salary in Minneapolis | Same buying power in New York |
|---|---|
| $50,000 in Minneapolis | $53,692 in New York |
| $75,000 in Minneapolis | $80,539 in New York |
| $100,000 in Minneapolis | $107,385 in New York |
| $150,000 in Minneapolis | $161,077 in New York |
| $200,000 in Minneapolis | $214,770 in New York |
Salaries for common jobs in Minneapolis and New York
| Job | Minneapolis | New York | Adjusted for prices |
|---|---|---|---|
| Home Health and Personal Care Aides | $40,250 | $41,120 | $38,398 / $36,531 |
| Retail Salespersons | $39,070 | $43,950 | $37,273 / $39,045 |
| Registered Nurses | $106,480 | $119,600 | $101,582 / $106,252 |
| Janitors and Cleaners, Except Maids and Housekeeping Cleaners | $42,170 | $45,520 | $40,230 / $40,440 |
| General and Operations Managers | $125,460 | $189,200 | $119,689 / $168,084 |
| Cashiers | $35,890 | $38,180 | $34,239 / $33,919 |
| Fast Food and Counter Workers | $33,150 | $37,130 | $31,625 / $32,986 |
| Security Guards | $46,380 | $46,140 | $44,246 / $40,990 |
| Waiters and Waitresses | $31,300 | $55,000 | $29,860 / $48,862 |
| Office Clerks, General | $50,800 | $50,080 | $48,463 / $44,491 |
| Stockers and Order Fillers | $40,390 | $42,380 | $38,532 / $37,650 |
| Teaching Assistants, Except Postsecondary | $43,370 | $42,530 | $41,375 / $37,783 |
| Customer Service Representatives | $52,960 | $54,410 | $50,524 / $48,337 |
| Secretaries and Administrative Assistants, Except Legal, Medical, and Executive | $54,740 | $53,310 | $52,222 / $47,360 |
| Software Developers | $130,410 | $165,870 | $124,411 / $147,357 |
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Average salary vs. price-adjusted salary
More cost of living comparisons
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Minneapolis vs New York: questions
Is Minneapolis more expensive than New York?
No. BEA prices are 104.8 in Minneapolis, MN and 112.6 in New York, NY (U.S. = 100).
What salary do I need in New York to match $100,000 in Minneapolis?
About $107,385, before taxes.
Where do salaries go further, Minneapolis or New York?
New York, NY: once prices are counted, its average salary buys more.
Sources and how to read this page
- Cost of living: Bureau of Economic Analysis regional price parities (RPP), 2024; 100 = U.S. average.
- Wages: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates for metropolitan areas.
- Home values: Zillow Home Value Index; income and population: Census ACS 5-year 2023.
Read the full methodology. Spotted an error? Tell us.