Quick answer
Overall prices in the Minneapolis, MN metro were 104.8 vs 98.2 in Raleigh, NC in 2024 (US = 100), so Minneapolis is 6.8% more expensive than Raleigh; housing rents differ by 8% (111.8 vs 103.5). A $75,000 income in Minneapolis buys about what $70,231 buys in Raleigh, per BEA.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024
| Price index (US = 100) | Minneapolis | Raleigh | Minneapolis vs Raleigh |
|---|---|---|---|
| All items | 104.8 | 98.2 | +6.8% |
| Goods | 103.1 | 96.6 | +6.7% |
| Housing (rents) | 111.8 | 103.5 | +8.1% |
| Utilities | 93.5 | 89.0 | +5.1% |
| Other services | 104.4 | 98.2 | +6.3% |
| All items, 2008 | 102.9 | 97.0 | +6.1% |
| $50,000 in Minneapolis equals in Raleigh | $46,821 | ||
| $100,000 in Minneapolis equals in Raleigh | $93,642 | ||
| $150,000 in Minneapolis equals in Raleigh | $140,462 |
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Last updated 2026-10-16. Data only, not financial or tax advice.