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Cost of living: Minneapolis, MN vs Jacksonville, FL (2024)

Quick answer

Overall prices in the Minneapolis, MN metro were 104.8 vs 99.5 in Jacksonville, FL in 2024 (US = 100), so Minneapolis is 5.4% more expensive than Jacksonville; housing rents differ by 2% (111.8 vs 109.8). A $75,000 income in Minneapolis buys about what $71,181 buys in Jacksonville, 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)MinneapolisJacksonvilleMinneapolis vs Jacksonville
All items104.899.5+5.4%
Goods103.196.2+7.1%
Housing (rents)111.8109.8+1.9%
Utilities93.587.5+6.8%
Other services104.498.9+5.6%
All items, 2008102.999.6+3.4%
$50,000 in Minneapolis equals in Jacksonville$47,454
$100,000 in Minneapolis equals in Jacksonville$94,908
$150,000 in Minneapolis equals in Jacksonville$142,361

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

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