Quick answer
Overall prices in the Minneapolis, MN metro were 104.8 vs 95.8 in Buffalo, NY in 2024 (US = 100), so Minneapolis is 9.4% more expensive than Buffalo; housing rents differ by 38% (111.8 vs 81.0). A $75,000 income in Minneapolis buys about what $68,576 buys in Buffalo, per BEA.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024
| Price index (US = 100) | Minneapolis | Buffalo | Minneapolis vs Buffalo |
|---|---|---|---|
| All items | 104.8 | 95.8 | +9.4% |
| Goods | 103.1 | 99.7 | +3.4% |
| Housing (rents) | 111.8 | 81.0 | +38.1% |
| Utilities | 93.5 | 129.5 | -27.8% |
| Other services | 104.4 | 97.8 | +6.8% |
| All items, 2008 | 102.9 | 97.0 | +6.1% |
| $50,000 in Minneapolis equals in Buffalo | $45,718 | ||
| $100,000 in Minneapolis equals in Buffalo | $91,435 | ||
| $150,000 in Minneapolis equals in Buffalo | $137,153 |
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Last updated 2026-10-16. Data only, not financial or tax advice.