Are you considering a move to Minneapolis, Minnesota, United States, and wondering about the cost of living? Minneapolis, Minnesota is a diverse city with a lot to offer, but like any city, it comes with its own set of expenses. In this page, we'll break down the cost of living in Minneapolis, Minnesota and help you understand whether $3763 per month is moderately priced, given the average monthly salary of $4477.98.
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Restaurants |
Price |
World Range |
|---|---|---|
|
Meal, Inexpensive Restaurant |
20.0 $ |
|
|
Meal for 2 People, Mid-range Restaurant, Three-course |
80.0 $ |
|
|
McMeal at McDonalds (or Equivalent Combo Meal) |
9.0 $ |
|
|
Domestic Beer (1 pint draught) |
8.0 $ |
|
|
Imported Beer (12 oz small bottle) |
7.25 $ |
|
|
Cappuccino (regular) |
6.13 $ |
|
|
Coke/Pepsi (12 oz small bottle) |
2.69 $ |
|
|
Water (12 oz small bottle) |
2.33 $ |
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|
Markets |
Price |
World Range |
|---|---|---|
|
Milk (regular), (1 gallon) |
0.96 $ |
|
|
Loaf of Fresh White Bread (1 lb) |
4.08 $ |
|
|
Rice (white), (1 lb) |
4.76 $ |
|
|
Eggs (regular) (12) |
3.9 $ |
|
|
Local Cheese (1 lb) |
9.34 $ |
|
|
Chicken Fillets (1 lb) |
11.49 $ |
|
|
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
16.25 $ |
|
|
Apples (1 lb) |
6.3 $ |
|
|
Banana (1 lb) |
1.99 $ |
|
|
Oranges (1 lb) |
3.35 $ |
|
|
Tomato (1 lb) |
5.9 $ |
|
|
Potato (1 lb) |
2.92 $ |
|
|
Onion (1 lb) |
2.91 $ |
|
|
Lettuce (1 head) |
2.07 $ |
|
|
Water (1.5 liter bottle) |
1.72 $ |
|
|
Bottle of Wine (Mid-Range) |
13.0 $ |
|
|
Domestic Beer (0.5 liter bottle) |
2.19 $ |
|
|
Imported Beer (12 oz small bottle) |
2.35 $ |
|
|
Cigarettes 20 Pack (Marlboro) |
9.5 $ |
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|
Transportation |
Price |
World Range |
|---|---|---|
|
One-way Ticket (Local Transport) |
2.5 $ |
|
|
Monthly Pass (Regular Price) |
90.0 $ |
|
|
Taxi Start (Normal Tariff) |
5.0 $ |
|
|
Taxi 1 mile (Normal Tariff) |
1.71 $ |
|
|
Taxi 1hour Waiting (Normal Tariff) |
50.0 $ |
|
|
Gasoline (1 gallon) |
0.96 $ |
|
|
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
29545.0 $ |
|
|
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
24959.67 $ |
|
|
Utilities (Monthly) |
Price |
World Range |
|---|---|---|
|
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
202.34 $ |
|
|
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) |
-- |
|
|
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
68.79 $ |
|
|
Sports And Leisure |
Price |
World Range |
|---|---|---|
|
Fitness Club, Monthly Fee for 1 Adult |
100.83 $ |
|
|
Tennis Court Rent (1 Hour on Weekend) |
27.33 $ |
|
|
Cinema, International Release, 1 Seat |
15.0 $ |
|
|
Childcare |
Price |
World Range |
|---|---|---|
|
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
1450.0 $ |
|
|
International Primary School, Yearly for 1 Child |
24815.0 $ |
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|
Clothing And Shoes |
Price |
World Range |
|---|---|---|
|
1 Pair of Jeans (Levis 501 Or Similar) |
69.43 $ |
|
|
1 Summer Dress in a Chain Store (Zara, H&M, ...) |
48.22 $ |
|
|
1 Pair of Nike Running Shoes (Mid-Range) |
103.2 $ |
|
|
1 Pair of Men Leather Business Shoes |
143.62 $ |
|
|
Rent Per Month |
Price |
World Range |
|---|---|---|
|
Apartment (1 bedroom) in City Centre |
1706.43 $ |
|
|
Apartment (1 bedroom) Outside of Centre |
1217.08 $ |
|
|
Apartment (3 bedrooms) in City Centre |
3137.22 $ |
|
|
Apartment (3 bedrooms) Outside of Centre |
2103.75 $ |
|
|
Buy Apartment Price |
Price |
World Range |
|---|---|---|
|
Price per Square Feet to Buy Apartment in City Centre |
7319.46 $ |
|
|
Price per Square Feet to Buy Apartment Outside of Centre |
4540.58 $ |
|
|
Salaries And Financing |
Price |
World Range |
|---|---|---|
|
Average Monthly Net Salary (After Tax) |
4477.98 $ |
|
|
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate |
6.75 % |
|
The monthly expenses for living in Minneapolis, Minnesota come to a total of approximately $3763. This includes an average monthly rent of around $1706 for a one-bedroom apartment in the city center, along with utilities costing about $236 per month. Additionally, other expenses such as groceries, transportation, dining out, and leisure activities for one person amount to approximately $1058 per month.
Living in Minneapolis, Minnesota appears to be relatively budget-friendly when considering the average monthly income of $4477.98. However, to enjoy a comfortable standard of living in Minneapolis, Minnesota, you would likely need an income exceeding $4477.98.
In Minneapolis, Minnesota, the average monthly post-tax salary hovers around $4477.98, and it isn't tied to any particular skillset or qualification.
The typical monthly rent for a one-bedroom apartment in the central area of Minneapolis, Minnesota is approximately $1706. If you're open to living in a location outside the city center, you can expect to pay around $1217.08 for such an apartment.
The expense for groceries in Minneapolis, Minnesota can fluctuate based on personal choices and shopping patterns. Typically, an individual can budget around $771 per month for groceries. Nevertheless, the actual costs may change depending on various factors, including the specific items bought, the choice of stores, and the availability of discounts or special offers.
The cost of living in United States can vary significantly depending on the particular city you have in mind. Using a nationwide average might not provide accurate information. To get a more precise understanding, it's crucial to examine the cost of living in various cities throughout United States.
Minneapolis is, for the most part, safe, but you should take precaution on the streets after dark. Be wary of pickpockets and bag snatching and keep your valuables safe by your side. Never carry all your money in one place or leave your valuables in plain sight in a car or at a beach when swimming.
Public transport is generally safe in Minneapolis, but do be careful on buses and bus stops since that's where pickpockets and petty thieves operate. Be especially careful not to fall asleep, because you may wake up and find your valuables stolen.
You may have the bad luck to stumble into a pickpocket on the streets of Minneapolis. Tourists are recommended to remain vigilant at all times when on the street. Make sure you don't flash your valuable possessions on the street and be careful when withdrawing money from ATMs
Tornadoes, floods, hurricanes, earthquakes, blizzards, landslides, forest fires, heatwaves, hailstorms, avalanches, volcanoes, tsunamis, and sinkholes have all struck Minnesota and Minneapolis at one point in time. Follow the advice of authorities closely.
Mugging is not altogether uncommon in the streets of Minneapolis, either. In such a situation, hand over all your possessions immediately and do not resist. Avoid poorly lit and deserted areas.
Excluding isolated mass shootings, Minneapolis hasn't been the target of any terrorist attacks recently, but the attacks shouldn't be ruled out. Be aware of your surroundings at all times.
On the streets of Minneapolis, you'll run into shell-game players that will try to get you to play a pseudo-game where a considerable bid has to be paid before a professional player places a nut or small ball below three small shells or cups. They will then rapidly moves the cups, and asks the victim to guess where the nut or ball item is. These people are frauds.
Traveling to Minneapolis is generally safe for solo women, but bear in mind that you should move in the company after dark, never alone. Stay away from poorly lit and deserted streets and areas and from people that are visibly intoxicated or under the influence.
The US is famous for its harsh policy for acquiring a tourist, let alone a resident visa. The US embassies usually ask for interviews before granting tourist visas, and tourists usually have to pay up to 160 USD to get a visa. If you are not sure about your visa status, contact your local US embassy for further information.
The United States dollar is the official currency in Minneapolis. Credit and debit cards are accepted nearly everywhere, and ATMs are widely available. The prices vary but you can plan on spending about 100 dollars per day.
Summers are hot and humid in Minneapolis, and in some places, the mosquitoes are out of control during this time. Fall is nice and pleasant until late October or early November. After that, it's time for the brutal winter. The cold can be painful, even dangerous.
Minneapolis–Saint Paul International Airport is a joint civil-military public use international airport. It is located within 16 kilometers of both downtown Minneapolis and Saint Paul.
Just like anywhere else, we recommend getting travel insurance when traveling to Minneapolis, since it covers not only the costs of medical problems but also theft and loss of valuables.
| Average | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High | 24°F | 29°F | 42°F | 58°F | 70°F | 79°F | 83°F | 80°F | 71°F | 58°F | 42°F | 28°F |
| Temp | 16°F | 20°F | 33°F | 47°F | 59°F | 69°F | 74°F | 71°F | 62°F | 49°F | 34°F | 20°F |
| Low | 10°F | 14°F | 26°F | 39°F | 50°F | 60°F | 65°F | 62°F | 53°F | 41°F | 28°F | 15°F |
| Average | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High | -4°C | -1°C | 5°C | 14°C | 21°C | 26°C | 28°C | 26°C | 21°C | 14°C | 5°C | -2°C |
| Temp | -8°C | -6°C | 0°C | 8°C | 15°C | 20°C | 23°C | 21°C | 16°C | 9°C | 1°C | -6°C |
| Low | -12°C | -10°C | -3°C | 3°C | 10°C | 15°C | 18°C | 16°C | 11°C | 5°C | -2°C | -9°C |