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

Quick answer

Overall prices in the Houston, TX metro were 98.6 vs 104.8 in Minneapolis, MN in 2024 (US = 100), so Houston is 5.9% less expensive than Minneapolis; housing rents differ by 7% (104.5 vs 111.8). A $75,000 income in Houston buys about what $79,709 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)HoustonMinneapolisHouston vs Minneapolis
All items98.6104.8-5.9%
Goods100.6103.1-2.4%
Housing (rents)104.5111.8-6.6%
Utilities95.393.5+1.9%
Other services95.6104.4-8.5%
All items, 200899.4102.9-3.4%
$50,000 in Houston equals in Minneapolis$53,140
$100,000 in Houston equals in Minneapolis$106,279
$150,000 in Houston equals in Minneapolis$159,419

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

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