Is Minneapolis, MN cheaper than Dallas, TX?

Based on cost of living data, Minneapolis, MN is 6.9% more expensive than Dallas, TX. This translates to spending an extra $520 per month.

What salary do I need in Minneapolis, MN to live like I do in Dallas, TX?

If you earn $150,000 in Dallas, TX, you'd need approximately $156,237.624 in Minneapolis, MN to maintain the same standard of living.

How does housing cost compare between Dallas, TX and Minneapolis, MN?

Housing in Minneapolis, MN is 17.4% more expensive than in Dallas, TX. For a two-bedroom apartment, rent is $1,700/month in Minneapolis, MN compared to $1,765/month in Dallas, TX.

How much can I save per month by moving from Dallas, TX to Minneapolis, MN?

Living in Minneapolis, MN costs approximately $520 more per month than Dallas, TX, or $6238 more per year, based on a $150,000 salary.

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Dallas, TX

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Minneapolis, MN

Cost of Living Comparison 2026

Current salary in Dallas, TX

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

Median Home:$292K

Minneapolis, MN

Population:430K

Cost Index:107

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

Category	Dallas, TX	Minneapolis, MN	Difference	Change
🏠Housing	$2,391/mo	$2,807/mo	↑ $416more	17.4%
🏥Healthcare	$632/mo	$756/mo	↑ $124more	19.6%
🚗Transportation	$1,298/mo	$1,380/mo	↑ $81.96more	6.3%
⚡All Utilities	$563/mo	$508/mo	↓ $54.64less	9.7%
🛒Groceries	$979/mo	$1,029/mo	↑ $49.96more	5.1%
📦Other	$1,774/mo	$1,774/mo	→ $0	0.0%

🏠Housing

↑ 17.4%

Dallas, TX

$2,391

Minneapolis, MN

$2,807

Difference

$416

🏥Healthcare

↑ 19.6%

Dallas, TX

$632

Minneapolis, MN

$756

Difference

$124

🚗Transportation

↑ 6.3%

Dallas, TX

$1,298

Minneapolis, MN

$1,380

Difference

$81.96

⚡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

📦Other

→ 0.0%

Dallas, TX

$1,774

Minneapolis, MN

$1,774

Difference

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

Calculate payment - Dallas Calculate payment - Minneapolis

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

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.