Quick answer
Overall prices in the Los Angeles, CA metro were 113.6 vs 104.8 in Minneapolis, MN in 2024 (US = 100), so Los Angeles is 8.3% more expensive than Minneapolis; housing rents differ by 52% (170.4 vs 111.8). A $75,000 income in Los Angeles buys about what $69,225 buys in Minneapolis, per BEA.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024
| Price index (US = 100) | Los Angeles | Minneapolis | Los Angeles vs Minneapolis |
|---|---|---|---|
| All items | 113.6 | 104.8 | +8.3% |
| Goods | 106.6 | 103.1 | +3.5% |
| Housing (rents) | 170.4 | 111.8 | +52.4% |
| Utilities | 158.6 | 93.5 | +69.6% |
| Other services | 104.4 | 104.4 | -0.1% |
| All items, 2008 | 113.3 | 102.9 | +10.1% |
| $50,000 in Los Angeles equals in Minneapolis | $46,150 | ||
| $100,000 in Los Angeles equals in Minneapolis | $92,301 | ||
| $150,000 in Los Angeles equals in Minneapolis | $138,451 |
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Last updated 2026-10-16. Data only, not financial or tax advice.