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

Quick answer

Overall prices in the Minneapolis, MN metro were 104.8 vs 106.7 in Sacramento, CA in 2024 (US = 100), so Minneapolis is 1.7% less expensive than Sacramento; housing rents differ by 14% (111.8 vs 130.2). A $75,000 income in Minneapolis buys about what $76,322 buys in Sacramento, 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)MinneapolisSacramentoMinneapolis vs Sacramento
All items104.8106.7-1.7%
Goods103.1105.2-2.0%
Housing (rents)111.8130.2-14.1%
Utilities93.5151.3-38.2%
Other services104.4100.3+4.1%
All items, 2008102.9101.3+1.6%
$50,000 in Minneapolis equals in Sacramento$50,881
$100,000 in Minneapolis equals in Sacramento$101,763
$150,000 in Minneapolis equals in Sacramento$152,644

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

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