An amount below 100 means Minnesota is cheaper than the US average. A cost of living index above 100 means Minnesota, Minnesota is more expensive.
Minnesota cost of living is 97.2.
| COST OF LIVING | Minnesota | United States |
|---|---|---|
| Health | 79.7 | 100 |
| Housing | 101.9 | 100 |
| Median Home Cost | $300,100 | $291,700 |
| Utilities | 95.7 | 100 |
Contents
How much money do you need to live comfortably in Minnesota?
This means that an individual should make at least $3,342 monthly or $40,104 annually to live comfortably in Minneapolis. Keep in mind, this is simply a rule of thumb. If you’re looking to cut costs, a studio apartment or a roommate can help you save big on an awesome apartment.
Why is it so expensive to live in Minnesota?
A key factor in Minnesota’s higher housing costs is very down to earth — the land itself. In the Twin Cities metro area, land costs can reach $100,000 for a plot — before a single wall is built. That’s partly because the plots are big. Zoning rules in the suburbs often prefer putting new homes on larger lots.
Is Minneapolis expensive to live?
Minneapolis’s housing expenses are 5% higher than the national average and the utility prices are 9% lower than the national average. Transportation expenses like bus fares and gas prices are 8% higher than the national average. Minneapolis has grocery prices that are 7% higher than the national average.
Is Minnesota a good place to live?
MINNEAPOLIS — Minnesota is one of the best places to live in America. It has good schools, excellent housing and low unemployment. It regularly appears near the top of indexes for livability.
Is Minneapolis safe?
The rate of crime in the Minneapolis metro area is 27.37 per 1,000 residents during a standard year. People who live in the Minneapolis metro area generally consider the southwest part of the metro area to be the safest.
What is a good salary in MN?
Average Salary in Minnesota
| Annual Salary | Hourly Wage | |
|---|---|---|
| Top Earners | $84,883 | $41 |
| 75th Percentile | $69,793 | $34 |
| Average | $57,001 | $27 |
| 25th Percentile | $46,686 | $22 |
Is Minnesota affordable?
Our cost of living indices are based on a US average of 100. An amount below 100 means Minnesota is cheaper than the US average.
Minnesota cost of living is 97.2.
| COST OF LIVING | Minnesota | United States |
|---|---|---|
| Overall | 97.2 | 100 |
| Grocery | 97.2 | 100 |
| Health | 79.7 | 100 |
| Housing | 101.9 | 100 |
Is it cheaper to live in Texas or Minnesota?
The cost of living in Minneapolis, MN is 18.2% higher than in Dallas, TX. You would have to earn a salary of $70,941 to maintain your current standard of living. Employers in Minneapolis, MN typically pay 7.2% more than employeers in Dallas, TX.
What is minimum wage for Minnesota?
What is the minimum wage in Minnesota in 2022? For businesses categorized as small employers, the Minnesota minimum wage is currently $8.42 per hour, which is $1.18 more than the federal minimum wage of $7.25 per hour and $2.83 less than the federal minimum wage for covered contracts which is $11.25 an hour in 2022.
Which state is the cheapest state to live in?
Mississippi
1. Mississippi. The cheapest state to live in in the United States is Mississippi. Overall, Mississippi’s average cost of living is about 15% lower than the national average cost of living.
What state has the lowest cost of living?
States with the Lowest Cost of Living
- Mississippi. Mississippi has the lowest cost out of living of all 50 states.
- Oklahoma. Oklahoma has the second-lowest cost of living in the United States.
- Arkansas. The state with the third-lowest cost of living in Arkansas.
- Kansas.
- Missouri.
- Georgia.
- Alabama.
- New Mexico.
What percentage of Minneapolis is black?
18.6%
Black or African American: 18.6% American Indian: 2.0% Asian: 5.6% Native Hawaiian/Pacific Islander: 0.0%
Is Minnesota safe to live?
The crime rate in Minnesota in 2021 is 2.4 per 1,000 residents, well below the national average. Each of Minnesota’s top 10 safest cities reported fewer than 25 violent crimes each in the past year.Minnesota is right in line with the national average at 20.8 per 1,000 residents.
Is moving to Minnesota a good idea?
Minnesota is a great place to live. The people are friendly, it’s a progressive state that has a high minimum wage, and the education system is amazing. The only con is that it gets cold. If you’re from a state that doesn’t have any of this, it can take a bit of getting used to though.
What are the cons of living in Minnesota?
Cons of Living in Minnesota
- Harsh Winters. Even if you live in the Twin Cities, the winters here can be harsh.
- Prevalent Mosquitoes in the Summer. The summers in Minnesota are generally cool, but the temperature can get warm enough to invite mosquitoes.
- Significant Traffic.
Is Minnesota tap water safe to drink?
Minneapolis tap water is healthy, safe, great tasting, and economical. It’s among the best tap water in the nation, and has even come out on top in blind taste tests against bottled water. Our City delivers safe, clean tap water that meets or exceeds federal and state guidelines for water safety.
Why should I move to Minneapolis?
But it’s still the Midwest, or as the pundits say, the “real America.” The city is livable and the people are friendly. Volunteerism rates are high and the city has welcomed high numbers of refugee families. If you’re looking for an urban experience with heart, moving to Minneapolis might be a great fit.
What part of Minneapolis is bad?
The areas with the highest crime rates are Midtown Minneapolis and The Phillips neighborhood, which is located south of the downtown area between Lake Street and Hiawatha Avenue. However, the highest area of violent crimes is committed in the northern part of Minneapolis, just west of the Mississippi River.
What percent of Minnesota is white?
83.8%
Table
| Population | |
|---|---|
| White alone, percent | 83.8% |
| Black or African American alone, percent(a) | 7.0% |
| American Indian and Alaska Native alone, percent(a) | 1.4% |
| Asian alone, percent(a) | 5.2% |
What kind of jobs are in Minnesota?
Let’s go!
- Registered Nurses. $32.66 to $45.62 per hour.
- Home Health and Personal Care Aides.
- Retail Salespersons.
- Stock Clerks and Order Fillers.
- First-Line Supervisors of Retail Sales Workers.
- Nursing Assistants.
- Heavy and Tractor-Trailer Truck Drivers.
- Laborers and Freight, Stock, and Material Movers, Hand.
