Relocation comparison
Raleigh, NC → Minneapolis, MN
Moving from Raleigh, NC to Minneapolis, MN? Cost of living in Minneapolis, MN is about 5% higher. A $100,000 lifestyle in Raleigh, NC costs about $104,854 in Minneapolis, MN. Here are the numbers.
Cost of living
+5%
108 vs 103 index
Matches a $100,000 lifestyle
$104,854
Matches a $100,000 lifestyle
Median 2-bed rent
+$100
$1,700/mo
Median home price
−$80,000
$360,000 median
What you'd need to earn to keep your lifestyle
| Salary today (Raleigh, NC) | Equivalent there (Minneapolis, MN) |
|---|---|
| $75,000 | $78,641 |
| $100,000 | $104,854 |
| $150,000 | $157,282 |
Illustrative figures for planning, not financial advice. Cost-of-living index uses US average = 100.
Questions people ask about this move
- Is Minneapolis, MN more expensive than Raleigh, NC?
- Yes. Cost of living in Minneapolis, MN is about 5% higher than Raleigh, NC (index 108 vs 103, US average = 100).
- How much do you need to earn in Minneapolis, MN to match a $100,000 lifestyle in Raleigh, NC?
- About $104,854. That's the salary in Minneapolis, MN that buys roughly what $100,000 buys in Raleigh, NC.
- What's the difference in housing between Raleigh, NC and Minneapolis, MN?
- Median 2-bed rent is $100/mo more, and the median home price is about $80,000 lower in Minneapolis, MN.
- How does state income tax compare?
- Minneapolis, MN runs about 7.85% versus 4.5% in Raleigh, NC. On $100,000, that's roughly $3,350/yr more in tax.
Run your exact numbers
These are median figures. Your real answer depends on your salary, whether you own or rent, and the relocation package on the table. The full calculator works it out in a minute.
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