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Cost of living: Dallas, TX vs Minneapolis, MN (2024)

Quick answer

Overall prices in the Dallas, TX metro were 103.1 vs 104.8 in Minneapolis, MN in 2024 (US = 100), so Dallas is 1.7% less expensive than Minneapolis; housing rents differ by 5% (117.9 vs 111.8). A $75,000 income in Dallas buys about what $76,260 buys in Minneapolis, per BEA.

✓ U.S. Bureau of Economic Analysis, Regional Price Parities 2024

Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024

Price index (US = 100)DallasMinneapolisDallas vs Minneapolis
All items103.1104.8-1.7%
Goods102.8103.1-0.2%
Housing (rents)117.9111.8+5.4%
Utilities90.793.5-3.0%
Other services99.7104.4-4.5%
All items, 2008101.4102.9-1.5%
$50,000 in Dallas equals in Minneapolis$50,840
$100,000 in Dallas equals in Minneapolis$101,680
$150,000 in Dallas equals in Minneapolis$152,520

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Last updated 2026-10-16. Data only, not financial or tax advice.

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