Moving from Minneapolis to Austin will save you approximately $39,206 on median home prices (9.4% less). Monthly rent is $163 cheaper in Austin. Note that median income is 16.1% lower in Austin.
Understanding how rental prices have changed over time helps predict future affordability and make informed decisions about your move.
A comprehensive breakdown of annual living expenses helps you budget effectively for your new life in Austin.
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Austin is 9.4% cheaper for housing than Minneapolis. The median home price in Austin is $376,621 compared to $415,827 in Minneapolis, a savings of $39,206.
Monthly rent in Austin averages $1,569, while Minneapolis averages $1,733. That's a savings of $163 per month, or $1,960 annually.
The median household income in Austin is $66,050, which is 16.1% lower than Minneapolis's median of $78,768.
Minneapolis has a violent crime rate of 309 per 100k residents, while Austin has 453 per 100k. Minneapolis is statistically safer.
Estates is a comprehensive cost of living comparison platform covering over 3,900 US cities. We help you compare housing prices, rent, income levels, crime rates, demographics, and climate data to make informed relocation decisions. Our data comes from trusted sources including Zillow, the U.S. Census Bureau, FBI, and NOAA.
