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Minnesota city profile

What Is It Like to Live in Minneapolis?

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.

Minneapolis at a glance

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

Air quality (AQI)

45

0th in MN of 72

Walk score

52/100

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‹ See all top Minnesota cities ranked  ยท  Minnesota state profile ›

Sources: Home prices and rent from Zillow; income, unemployment and commute from the U.S. Census; school ratings from state education data; crime from the FBI; air quality from the EPA. City rankings are within Minnesota only. Updated 2026.