Quick answer
Overall prices in the Minneapolis, MN metro were 104.8 vs 101.8 in Providence, RI in 2024 (US = 100), so Minneapolis is 3.0% more expensive than Providence; housing rents differ by 8% (111.8 vs 103.9). A $75,000 income in Minneapolis buys about what $72,818 buys in Providence, per BEA.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024
| Price index (US = 100) | Minneapolis | Providence | Minneapolis vs Providence |
|---|---|---|---|
| All items | 104.8 | 101.8 | +3.0% |
| Goods | 103.1 | 97.1 | +6.1% |
| Housing (rents) | 111.8 | 103.9 | +7.7% |
| Utilities | 93.5 | 148.8 | -37.2% |
| Other services | 104.4 | 102.3 | +2.1% |
| All items, 2008 | 102.9 | 103.7 | -0.7% |
| $50,000 in Minneapolis equals in Providence | $48,546 | ||
| $100,000 in Minneapolis equals in Providence | $97,091 | ||
| $150,000 in Minneapolis equals in Providence | $145,637 |
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Last updated 2026-10-16. Data only, not financial or tax advice.