Moving from Minneapolis to New York will cost approximately $499,839 more on median home prices (120.2% higher). Monthly rent is $2,083 more expensive in New York. Median income is 1.8% higher in New York, helping offset housing costs.
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 New York.
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Minneapolis is 120.2% cheaper for housing than New York. The median home price in Minneapolis is $415,827 compared to $915,666 in New York.
Monthly rent in New York averages $3,815, while Minneapolis averages $1,733. That's a difference of $2,083 per month, or $24,992 annually.
The median household income in New York is $80,175, which is 1.8% higher than Minneapolis's median of $78,768.
Minneapolis has a violent crime rate of 309 per 100k residents, while New York has 308 per 100k. New York 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.
