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Cost of living: Minneapolis, MN vs Denver, CO (2024)

Quick answer

Overall prices in the Minneapolis, MN metro were 104.8 vs 105.8 in Denver, CO in 2024 (US = 100), so Minneapolis is 0.9% less expensive than Denver; housing rents differ by 24% (111.8 vs 146.9). A $75,000 income in Minneapolis buys about what $75,687 buys in Denver, 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)MinneapolisDenverMinneapolis vs Denver
All items104.8105.8-0.9%
Goods103.1101.0+2.1%
Housing (rents)111.8146.9-23.9%
Utilities93.587.9+6.4%
Other services104.499.4+5.0%
All items, 2008102.9105.8-2.7%
$50,000 in Minneapolis equals in Denver$50,458
$100,000 in Minneapolis equals in Denver$100,916
$150,000 in Minneapolis equals in Denver$151,374

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

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