Salt Lake City vs Minneapolis

Salt Lake City is cheaper to live in overall. Salt Lake City has a cost of living index of 110 while Minneapolis has an index of 113, where 100 represents the US national average. Minneapolis is 3% more expensive than Salt Lake City overall.

The median 1-bedroom rent in Salt Lake City is $1,450 per month compared to $1,450 in Minneapolis. The median home price in Salt Lake City is $460,000 versus $335,000 in Minneapolis. Housing is typically the largest factor in cost of living differences between cities.

Salt Lake City has a cost of living index of 110 and Minneapolis has an index of 113, both measured against a US national average of 100. An index above 100 means more expensive than the national average — below 100 means cheaper.

To maintain the same purchasing power as a salary in Salt Lake City, multiply by 1.03. For example a $75,000 salary in Salt Lake City is equivalent to approximately $77,045 in Minneapolis.

Salt Lake City has a median household income of $72,408 per year versus $70,715 in Minneapolis. Higher incomes must be weighed against cost of living. Use the Dayblip salary tools to see specific job salaries in both cities.

Whether moving from Salt Lake City to Minneapolis is worthwhile depends on your salary, lifestyle, and priorities. Minneapolis is 3% more expensive overall — with the biggest difference in utilities. Use the Dayblip cost of living calculator to enter your specific salary and see the exact dollar impact.