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Quick answer

Minneapolis is 9% cheaper than Boston overall. A $100K salary in Boston is equivalent to $91,000 in Minneapolis.

Cost of Living Comparison · 2026

Boston vs Minneapolis Cost of Living (2026)

Side-by-side cost comparison plus a salary calculator to find your equivalent pay in either city.

Overall COL difference

Minneapolis is 9% cheaper

1BR rent difference

-47% (B vs A)

$100K in A = in B

$91,000

Boston vs Minneapolis: Side-by-Side

Category
Boston
Minneapolis
Diff

1BR median rent

$2,600/mo

$1,380/mo

-47%

2BR median rent

$3,400/mo

$1,750/mo

-49%

Median home price

$720K

$320K

-56%

Avg monthly groceries

$420

$360

-14%

Avg monthly utilities

$160

$155

-3%

State income tax

5%

Up to 9.85%

Boston saves

Walk score

83/100

69/100

Boston better

Transit score

75/100

55/100

Boston better

Salary Equivalency Calculator

How much you need to earn in Minneapolis to maintain the same standard of living as your current Boston salary — and vice versa.

Boston salary
Minneapolis equivalent
Minneapolis salary → Boston equiv.

$60,000

$55,000

$66,000

$80,000

$73,000

$88,000

$100,000

$91,000

$110,000

$120,000

$109,000

$132,000

$150,000

$136,000

$165,000

Calculated using a weighted index: rent (40%), home prices (20%), groceries (20%), utilities (10%), state income tax (10%). Individual lifestyles vary.

Monthly Budget: Boston vs Minneapolis

Boston, MA
1BR rent$2,600/mo
Groceries$420/mo
Utilities$160/mo
Transport (est.)$350/mo
State income tax5%
Essentials total$3,530/mo
Minneapolis, MN
1BR rent$1,380/mo
Groceries$360/mo
Utilities$155/mo
Transport (est.)$350/mo
State income taxUp to 9.85%
Essentials total$2,245/mo

Who Each City Is Best For

Boston is best for

  • biotech / pharma professionals
  • academics / researchers
  • healthcare workers
  • finance professionals

Minneapolis is best for

  • corporate professionals
  • healthcare workers
  • outdoor enthusiasts (winter sports)
  • arts and culture seekers

FAQs

Is Boston or Minneapolis cheaper to live in?

Minneapolis is 9% cheaper than Boston overall. Minneapolis 1BR rent ($1,380/mo) vs Boston ($2,600/mo). Median home price: Minneapolis $320K vs Boston $720K.

How much salary do I need in Minneapolis to match $100K in Boston?

$91,000 in Minneapolis is equivalent to $100,000 in Boston based on cost of living differences. The biggest factors are rent (-47% difference) and state taxes (Boston: 5% vs Minneapolis: Up to 9.85%).

What is the rent difference between Boston and Minneapolis?

1BR: Boston $2,600/mo vs Minneapolis $1,380/mo (-47%). 2BR: Boston $3,400/mo vs Minneapolis $1,750/mo (-49%).

Does Boston or Minneapolis have lower taxes?

Boston (MA) has 5% state income tax. Minneapolis (MN) has Up to 9.85% state income tax. On a $100K salary, the annual tax difference is ~$4,850.