Quick answer
Overall prices in the Boston, MA metro were 108.3 vs 104.8 in Minneapolis, MN in 2024 (US = 100), so Boston is 3.3% more expensive than Minneapolis; housing rents differ by 33% (148.4 vs 111.8). A $75,000 income in Boston buys about what $72,614 buys in Minneapolis, per BEA.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024
| Price index (US = 100) | Boston | Minneapolis | Boston vs Minneapolis |
|---|---|---|---|
| All items | 108.3 | 104.8 | +3.3% |
| Goods | 99.7 | 103.1 | -3.3% |
| Housing (rents) | 148.4 | 111.8 | +32.7% |
| Utilities | 148.8 | 93.5 | +59.1% |
| Other services | 103.6 | 104.4 | -0.8% |
| All items, 2008 | 107.7 | 102.9 | +4.6% |
| $50,000 in Boston equals in Minneapolis | $48,409 | ||
| $100,000 in Boston equals in Minneapolis | $96,819 | ||
| $150,000 in Boston equals in Minneapolis | $145,228 |
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Last updated 2026-10-16. Data only, not financial or tax advice.