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Cost of Living Comparison 2026

The Dallas versus Minneapolis debate is one of the most popular city comparisons in America. Dallas brings no state income tax and suburban sprawl, while Minneapolis offers chain of lakes and bike-friendly streets. The cost data helps settle the question.

Data: HUD rent estimates, BLS cost of living

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Numbers update automatically as you type

You'd spend $520/month more in Minneapolis, MN

$150.0K in your current city equals $156.2K in Minneapolis, MN

Rent data from HUD ZIP-level estimates · COL index from Dallas-Fort Worth-Arlington, TX area
Overall Cost
6.9%
More expensive
Monthly Impact
$520
Extra cost
Annual Impact
$6.2K
Per year

Based on monthly living costs (rent, groceries, utilities, transport, healthcare). Home purchase prices shown separately below.

Dallas, TX

Population:1304K
Cost Index:
100
100 = national average
Median Home:$292K

Minneapolis, MN

Population:430K
Cost Index:
107
(7% above avg)
Median Home:$308K

Dallas, TX

The Lone Star State

1.3M
Population
State Tax
No Income Tax
Climate
Humid subtropical

Notable Facts

  • Major business center
  • No state income tax
  • Big Tex home

Major Industries

TechnologyFinanceEnergyTransportation

Minneapolis, MN

The North Star State

430K
Population
State Tax
Yes

Located in Minnesota, this city has a population of 430K residents.

Cost Breakdown by Category

Annual spending: Dallas, TX vs Minneapolis, MN

Housing
17.4%
Dallas, TX
$2,391
Minneapolis, MN
$2,807
Difference
$416
more
Healthcare
19.6%
Dallas, TX
$632
Minneapolis, MN
$756
Difference
$124
more
Transportation
6.3%
Dallas, TX
$1,298
Minneapolis, MN
$1,380
Difference
$81.96
more
All Utilities
9.7%
Dallas, TX
$563
Minneapolis, MN
$508
Difference
$54.64
less
Groceries
5.1%
Dallas, TX
$979
Minneapolis, MN
$1,029
Difference
$49.96
more
Other
0.0%
Dallas, TX
$1,774
Minneapolis, MN
$1,774
Difference
$0
same

🏠Rent Comparison

Studio
From$1,450
To$1,240
$210
1 Bed
From$1,505
To$1,400
$105
2 Bed
From$1,765
To$1,700
$65.00
3 Bed
From$2,220
To$2,250
$30.00
Dallas, TXZIP-level data

1BR range: $1,040$2,470/mo

Minneapolis, MNZIP-level data

1BR range: $1,250$2,100/mo

💡 Note: Rent prices are based on HUD Fair Market Rent data and represent median costs. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$7,637
Monthly in Dallas, TX
$8,254
Monthly in Minneapolis, MN
$617
Difference

Home Values

Dallas
Minneapolis
$292K
Median Value
$308K
↓ -3.1%
YoY Change
↑ +1%
↑ +27.1%
5-Year Change
↑ +8.2%
$138K - $2.01M
Price Range
$152K - $469K

Homes in Minneapolis are 5% more expensive than Dallas

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings
$10.4K
More taxes
Monthly Difference
$869
Less take-home
Effective Rate Diff
7.0%
Rate difference

Dallas, TX

Federal Income Tax
Effective: 18.9%
$25.5K
Texas State Tax
No state income tax
$0
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 24.7%
$37.0K
Take-Home Pay
$9,416/month
$113.0K

Minneapolis, MN

Federal Income Tax
Effective: 18.9%
$25.5K
Minnesota State Tax
Effective: 7.0%
$10.4K
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 31.6%
$47.4K
Take-Home Pay
$8,546/month
$102.6K

Additional Tax Information

Dallas, TX Tax Rates

Sales Tax:8.2%
Property Tax:1.8%

Minneapolis, MN Tax Rates

Sales Tax:8.0%
Property Tax:1.1%

💡 Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.

Environment

Dallas
Minneapolis
55 Moderate
Air Quality
42 Good
35.2%
Good Air Days
66.4%
100 Very High
Climate Risk
98 High
🌊🌡🌪
Top Hazards
🌊🌡🌪
+2.7°F
2050 Outlook
+3.6°F
90 days
Heat Days >95°F
14 days
+2.7°F
2050 Outlook
+3.6°F
90 days
Heat Days >95°F
14 days

What to Consider When Moving from Dallas, TX to Minneapolis, MN

Relocating from Dallas, TX to Minneapolis, MN involves more than just comparing rent prices. While the overall cost of living is roughly 7% higher in Minneapolis, MN, your actual experience will depend on your lifestyle, job situation, and priorities. Here are the key factors to weigh before making the move.

Housing & Rent

Housing is typically the largest line item in any budget, and it’s where the biggest differences show up between cities. In this comparison, housing in Minneapolis, MN is 17% more expensive than in Dallas, TX. Keep in mind that neighborhood choice within a city can swing rent by 30–50%, so research specific areas — not just city averages — before signing a lease. If you’re buying, factor in property tax rates, which vary significantly by county and state.

Job Market & Salary Adjustments

A lower cost of living doesn’t help if your salary drops proportionally. Before committing to a move, research whether employers in Minneapolis, MN pay comparable wages for your role. Remote workers may keep their current salary, but some companies adjust pay based on location. Use the salary calculator above to see what you’d need to earn in Minneapolis, MN to match your current standard of living in Dallas, TX.

Taxes & Take-Home Pay

State income tax, property tax, and sales tax all affect how far your paycheck stretches. Some states have no income tax but make up for it with higher property or sales taxes. The tax comparison section above breaks down how your take-home pay would change. Don’t forget about vehicle registration fees, tolls, and other state-specific costs that add up over a year.

Quality of Life & Lifestyle Fit

Numbers only tell part of the story. Consider climate preferences, commute times, proximity to family, school quality if you have children, healthcare access, and the general “feel” of a city. A place that’s 15% cheaper might not be worth it if it means a longer commute or fewer amenities you value. If possible, visit Minneapolis, MN for a week before making a final decision — experiencing the day-to-day rhythm matters more than any spreadsheet.

Frequently Asked Questions: Dallas, TX vs Minneapolis, MN

Is Minneapolis, MN cheaper than Dallas, TX?

Minneapolis, MN is approximately 6.9% more expensive than Dallas, TX overall. On a $150,000 salary, that translates to roughly $520/month in additional expenses. Housing is the biggest factor, costing 17% more in Minneapolis, MN.

What salary do I need in Minneapolis, MN to match my lifestyle in Dallas, TX?

If you currently earn $150,000 in Dallas, TX, you would need approximately $156,238 in Minneapolis, MN to maintain the same standard of living. This accounts for differences in housing, groceries, transportation, utilities, healthcare, and other typical expenses. Use the salary input above to adjust this based on your actual income.

How does rent compare between Dallas, TX and Minneapolis, MN?

A two-bedroom apartment averages $1,765/month in Dallas, TX compared to $1,700/month in Minneapolis, MN. One-bedroom apartments are $1,505/month in Dallas, TX vs $1,400/month in Minneapolis, MN. These are area-wide medians — specific neighborhoods can vary significantly. Check the ZIP-level rent breakdown above for more granular data.

Are groceries more expensive in Dallas, TX or Minneapolis, MN?

Groceries are about 5% more expensive in Minneapolis, MN than in Dallas, TX, which adds roughly $49.96/month to a typical household budget. This covers common items like produce, dairy, meat, and pantry staples based on BLS consumer expenditure data.

What is the best time to move from Dallas, TX to Minneapolis, MN?

Most people find that moving during the off-season (October through March) results in lower moving costs, since demand for movers and rental trucks drops. If you're renting, you may also find more negotiable lease terms during winter months. However, if you have school-age children, summer moves allow for a smoother school transition. For the best combination of availability and price, consider moving in early fall or late spring.

💰 See how taxes change too — compare take-home pay between Texas and Minnesota on TaxTakeHome.com

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