Quick answer
Overall prices in the Minneapolis, MN metro were 104.8 vs 105.4 in Portland, OR in 2024 (US = 100), so Minneapolis is 0.6% less expensive than Portland; housing rents differ by 11% (111.8 vs 125.1). A $75,000 income in Minneapolis buys about what $75,429 buys in Portland, per BEA.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024
| Price index (US = 100) | Minneapolis | Portland | Minneapolis vs Portland |
|---|---|---|---|
| All items | 104.8 | 105.4 | -0.6% |
| Goods | 103.1 | 105.2 | -2.0% |
| Housing (rents) | 111.8 | 125.1 | -10.6% |
| Utilities | 93.5 | 107.0 | -12.6% |
| Other services | 104.4 | 100.1 | +4.3% |
| All items, 2008 | 102.9 | 98.7 | +4.3% |
| $50,000 in Minneapolis equals in Portland | $50,286 | ||
| $100,000 in Minneapolis equals in Portland | $100,571 | ||
| $150,000 in Minneapolis equals in Portland | $150,857 |
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Last updated 2026-10-16. Data only, not financial or tax advice.