Is Minneapolis, MN cheaper than Los Angeles, CA?

Based on cost of living data, Minneapolis, MN is 37.7% cheaper than Los Angeles, CA. This translates to saving $2826 per month.

What salary do I need in Minneapolis, MN to live like I do in Los Angeles, CA?

If you earn $150,000 in Los Angeles, CA, you'd need approximately $116,087.709 in Minneapolis, MN to maintain the same standard of living.

How does housing cost compare between Los Angeles, CA and Minneapolis, MN?

Housing in Minneapolis, MN is 63.8% cheaper than in Los Angeles, CA. For a two-bedroom apartment, rent is $1,700/month in Minneapolis, MN compared to $2,660/month in Los Angeles, CA.

How much can I save per month by moving from Los Angeles, CA to Minneapolis, MN?

Moving from Los Angeles, CA to Minneapolis, MN could save you approximately $2826 per month, or $33912 per year, based on a $150,000 salary.

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Los Angeles, CA

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Minneapolis, MN

Cost of Living Comparison 2026

Current salary in Los Angeles, CA

Numbers update automatically as you type

You'd save $2.8K/month moving to Minneapolis, MN

$150.0K in your current city equals $116.1K in Minneapolis, MN

Rent data from HUD ZIP-level estimates · COL index from Los Angeles-Long Beach-Anaheim, CA area

Overall Cost

↓ 37.7%

Less expensive

Monthly Impact

$2,826

Savings

Annual Impact

$33.9K

Per year

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

Los Angeles, CA

Population:3899K

Cost Index:100

Median Home:$885K

Minneapolis, MN

Population:430K

Cost Index:62

Median Home:$308K

Los Angeles, CA

The Golden State

3.9M

Population

State Tax

Yes

Climate

Mediterranean

Notable Facts

•Entertainment capital of the world
•Major Pacific Rim trade center
•Diverse metropolitan area

Major Industries

EntertainmentTechnologyInternational TradeTourism

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: Los Angeles, CA vs Minneapolis, MN

Category	Los Angeles, CA	Minneapolis, MN	Difference	Change
🏠Housing	$7,749/mo	$2,807/mo	↓ $4,943less	63.8%
🚗Transportation	$2,158/mo	$1,380/mo	↓ $779less	36.1%
🏥Healthcare	$554/mo	$756/mo	↑ $202more	36.5%
⚡All Utilities	$557/mo	$508/mo	↓ $49.18less	8.8%
📦Other	$1,731/mo	$1,774/mo	↑ $43.52more	2.5%
🛒Groceries	$1,040/mo	$1,029/mo	↓ $10.99less	1.1%

🏠Housing

↓ 63.8%

Los Angeles, CA

$7,749

Minneapolis, MN

$2,807

Difference

$4,943

less

🚗Transportation

↓ 36.1%

Los Angeles, CA

$2,158

Minneapolis, MN

$1,380

Difference

$779

less

🏥Healthcare

↑ 36.5%

Los Angeles, CA

$554

Minneapolis, MN

$756

Difference

$202

⚡All Utilities

↓ 8.8%

Los Angeles, CA

$557

Minneapolis, MN

$508

Difference

$49.18

less

📦Other

↑ 2.5%

Los Angeles, CA

$1,731

Minneapolis, MN

$1,774

Difference

$43.52

🛒Groceries

↓ 1.1%

Los Angeles, CA

$1,040

Minneapolis, MN

$1,029

Difference

$10.99

less

🏠Rent Comparison

Studio

From$1,910

To$1,240

↓ $670

1 Bed

From$2,135

To$1,400

↓ $735

2 Bed

From$2,660

To$1,700

↓ $960

3 Bed

From$3,370

To$2,250

↓ $1,120

Los Angeles, CAZIP-level data

1BR range: $1,630–$3,130/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.

$13,790

Monthly in Los Angeles, CA

$8,254

Monthly in Minneapolis, MN

$5,536

Difference

Home Values

Los Angeles

Minneapolis

$885K

Median Value

$308K

↓ -3.4%

YoY Change

↑ +1%

↑ +13.1%

5-Year Change

↑ +8.2%

$531K - $3.01M

Price Range

$152K - $469K

Homes in Minneapolis are 65% less expensive than Los Angeles

Calculate payment - Los Angeles Calculate payment - Minneapolis

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

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↑ $195

Per year

Monthly Difference

$16.22

More take-home

Effective Rate Diff

0.1%

Rate difference

Los Angeles, CA

Federal Income Tax

Effective: 18.9%

$25.5K

California State Tax

Effective: 7.1%

$10.6K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 31.8%

$47.6K

Take-Home Pay

$8,530/month

$102.4K

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

Los Angeles, CA Tax Rates

Sales Tax:10.5%

Property Tax:0.8%

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.