Moving from Minneapolis to Chicago will cost approximately $109,447 more on median home prices (26.3% higher). Monthly rent is $456 more expensive in Chicago. Note that median income is 7.1% lower in Chicago.
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 Chicago.
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Minneapolis is 26.3% cheaper for housing than Chicago. The median home price in Minneapolis is $415,827 compared to $525,274 in Chicago.
Monthly rent in Chicago averages $2,189, while Minneapolis averages $1,733. That's a difference of $456 per month, or $5,472 annually.
The median household income in Chicago is $73,194, which is 7.1% lower than Minneapolis's median of $78,768.
Minneapolis has a violent crime rate of 309 per 100k residents, while Chicago has 345 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.
