Minnesota city profile
What it costs to live in Minneapolis, and how it compares with other Minnesota cities, in plain numbers.
Value score
8
71st best value in Minnesota
How much you get for what you pay, versus other Minnesota cities.
Overall livability
17
70th overall in Minnesota
Cost, safety, schools, jobs and quality of life combined.
Minneapolis is home to about 425,091 people. A typical home runs $284,400 and a household earns around $70,100, a price-to-income ratio of 4.1. Among Minnesota's largest cities, it ranks 71st for value and 70th overall. For context, the typical Minneapolis home is about 15% below the statewide median of $333,000 and local household income is about 23% below the statewide median of $90,700.
Median home price
$284,400
70th in MN of 72
Median rent
$1,159/mo
Median household income
$70,100
Home price to income
4.1x
Unemployment
5.6%
68th in MN of 72
School rating
6/10
48th in MN of 72
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More Minnesota cities: Bloomington, Brooklyn Park, Duluth, Lakeville, Maple Grove, Plymouth, Rochester, St. Paul, Woodbury