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Minneapolis, MN

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Las Vegas, NV

Cost of Living Comparison 2026

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You'd spend $69.44/month more in Las Vegas, NV

$150.0K in your current city equals $150.8K in Las Vegas, NV

Rent data from HUD ZIP-level estimates · COL index from Minneapolis-St. Paul-Bloomington, MN-WI area
Overall Cost
0.9%
More expensive
Monthly Impact
$69.44
Extra cost
Annual Impact
$833
Per year

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

Minneapolis, MN

Population:430K
Cost Index:100
Median Home:$308K

Las Vegas, NV

Population:656K
Cost Index:101
Median Home:$377K

Minneapolis, MN

The North Star State

430K
Population
State Tax
Yes

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

Las Vegas, NV

The Silver State

656K
Population
State Tax
No Income Tax
Climate
Hot desert

Notable Facts

  • Entertainment capital
  • No state income tax
  • Desert oasis

Major Industries

TourismEntertainmentTechnologyLogistics

Cost Breakdown by Category

Annual spending: Minneapolis, MN vs Las Vegas, NV

🏠Housing
17.6%
Minneapolis, MN
$2,807
Las Vegas, NV
$3,300
Difference
$494
more
🚗Transportation
11.9%
Minneapolis, MN
$1,380
Las Vegas, NV
$1,544
Difference
$164
more
🏥Healthcare
16.4%
Minneapolis, MN
$756
Las Vegas, NV
$632
Difference
$124
less
📦Other
1.9%
Minneapolis, MN
$1,774
Las Vegas, NV
$1,808
Difference
$33.48
more
🛒Groceries
1.0%
Minneapolis, MN
$1,029
Las Vegas, NV
$1,039
Difference
$9.99
more
All Utilities
0.0%
Minneapolis, MN
$508
Las Vegas, NV
$508
Difference
$0
same

🏠Rent Comparison

Studio
From$1,240
To$1,270
$30.00
1 Bed
From$1,400
To$1,410
$10.00
2 Bed
From$1,700
To$1,655
$45.00
3 Bed
From$2,250
To$2,300
$50.00
Minneapolis, MNZIP-level data

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

Las Vegas, NVZIP-level data

1BR range: $1,330$2,210/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.

$8,254
Monthly in Minneapolis, MN
$8,831
Monthly in Las Vegas, NV
$577
Difference

Home Values

Minneapolis
Las Vegas
$308K
Median Value
$377K
↑ +1%
YoY Change
↓ -2.3%
↑ +8.2%
5-Year Change
↑ +37.2%
$152K - $469K
Price Range
$265K - $712K

Homes in Las Vegas are 22% more expensive than Minneapolis

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

Tax Comparison

Annual tax burden comparison at $150.0K salary

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

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

Las Vegas, NV

Federal Income Tax
Effective: 18.9%
$25.5K
Nevada 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

Additional Tax Information

Minneapolis, MN Tax Rates

Sales Tax:8.0%
Property Tax:1.1%

Las Vegas, NV Tax Rates

Sales Tax:8.2%
Property Tax:0.6%

💡 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

Minneapolis
Las Vegas
42 Good
Air Quality
N/A
66.4%
Good Air Days
-
98 High
Climate Risk
N/A
🌊🌡🌪
Top Hazards
-
+3.6°F
2050 Outlook
N/A
14 days
Heat Days >95°F
-
+3.6°F
2050 Outlook
N/A
14 days
Heat Days >95°F
-

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

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