Quick answer
Overall prices in the Minneapolis, MN metro were 104.8 vs 100.9 in Salt Lake City, UT in 2024 (US = 100), so Minneapolis is 3.9% more expensive than Salt Lake City; housing rents differ by 9% (111.8 vs 123.3). A $75,000 income in Minneapolis buys about what $72,171 buys in Salt Lake City, per BEA.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024
| Price index (US = 100) | Minneapolis | Salt Lake City | Minneapolis vs Salt Lake City |
|---|---|---|---|
| All items | 104.8 | 100.9 | +3.9% |
| Goods | 103.1 | 96.4 | +6.9% |
| Housing (rents) | 111.8 | 123.3 | -9.3% |
| Utilities | 93.5 | 79.0 | +18.3% |
| Other services | 104.4 | 99.0 | +5.5% |
| All items, 2008 | 102.9 | 98.5 | +4.5% |
| $50,000 in Minneapolis equals in Salt Lake City | $48,114 | ||
| $100,000 in Minneapolis equals in Salt Lake City | $96,228 | ||
| $150,000 in Minneapolis equals in Salt Lake City | $144,342 |
Related
- Cost of living: Minneapolis, MN vs Richmond, VA (2024)
- Cost of living: Riverside, CA vs Minneapolis, MN (2024)
- Cost of living: Minneapolis, MN vs Sacramento, CA (2024)
- Cost of living: Minneapolis, MN vs San Antonio, TX (2024)
- Cost of living: Minneapolis, MN vs San Diego, CA (2024)
- Cost of living: San Francisco, CA vs Minneapolis, MN (2024)
- Cost of living: Minneapolis, MN vs San Jose, CA (2024)
- Cost of living: Seattle, WA vs Minneapolis, MN (2024)
Last updated 2026-10-16. Data only, not financial or tax advice.