Quick answer
Overall prices in the Minneapolis, MN metro were 104.8 vs 91.6 in Birmingham, AL in 2024 (US = 100), so Minneapolis is 14.4% more expensive than Birmingham; housing rents differ by 56% (111.8 vs 71.9). A $75,000 income in Minneapolis buys about what $65,571 buys in Birmingham, per BEA.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024
| Price index (US = 100) | Minneapolis | Birmingham | Minneapolis vs Birmingham |
|---|---|---|---|
| All items | 104.8 | 91.6 | +14.4% |
| Goods | 103.1 | 96.4 | +6.9% |
| Housing (rents) | 111.8 | 71.9 | +55.7% |
| Utilities | 93.5 | 83.8 | +11.6% |
| Other services | 104.4 | 96.7 | +8.0% |
| All items, 2008 | 102.9 | 92.7 | +11.1% |
| $50,000 in Minneapolis equals in Birmingham | $43,714 | ||
| $100,000 in Minneapolis equals in Birmingham | $87,428 | ||
| $150,000 in Minneapolis equals in Birmingham | $131,142 |
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Last updated 2026-10-16. Data only, not financial or tax advice.