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Cost of living: Riverside, CA vs Minneapolis, MN (2024)

Quick answer

Overall prices in the Riverside, CA metro were 106.4 vs 104.8 in Minneapolis, MN in 2024 (US = 100), so Riverside is 1.5% more expensive than Minneapolis; housing rents differ by 16% (129.3 vs 111.8). A $75,000 income in Riverside buys about what $73,859 buys in Minneapolis, 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)RiversideMinneapolisRiverside vs Minneapolis
All items106.4104.8+1.5%
Goods101.4103.1-1.6%
Housing (rents)129.3111.8+15.6%
Utilities148.693.5+59.0%
Other services101.3104.4-3.0%
All items, 2008106.3102.9+3.3%
$50,000 in Riverside equals in Minneapolis$49,239
$100,000 in Riverside equals in Minneapolis$98,478
$150,000 in Riverside equals in Minneapolis$147,717

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

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