Quick answer
Overall prices in the Minneapolis, MN metro were 104.8 vs 97.3 in Charlotte, NC in 2024 (US = 100), so Minneapolis is 7.7% more expensive than Charlotte; housing rents differ by 15% (111.8 vs 97.6). A $75,000 income in Minneapolis buys about what $69,652 buys in Charlotte, per BEA.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024
| Price index (US = 100) | Minneapolis | Charlotte | Minneapolis vs Charlotte |
|---|---|---|---|
| All items | 104.8 | 97.3 | +7.7% |
| Goods | 103.1 | 96.6 | +6.7% |
| Housing (rents) | 111.8 | 97.6 | +14.5% |
| Utilities | 93.5 | 89.2 | +4.9% |
| Other services | 104.4 | 98.2 | +6.3% |
| All items, 2008 | 102.9 | 95.3 | +8.0% |
| $50,000 in Minneapolis equals in Charlotte | $46,435 | ||
| $100,000 in Minneapolis equals in Charlotte | $92,870 | ||
| $150,000 in Minneapolis equals in Charlotte | $139,305 |
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Last updated 2026-10-16. Data only, not financial or tax advice.