Quick answer
Overall prices in the Minneapolis, MN metro were 104.8 vs 110.4 in San Jose, CA in 2024 (US = 100), so Minneapolis is 5.1% less expensive than San Jose; housing rents differ by 47% (111.8 vs 211.9). A $75,000 income in Minneapolis buys about what $79,008 buys in San Jose, per BEA.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024
| Price index (US = 100) | Minneapolis | San Jose | Minneapolis vs San Jose |
|---|---|---|---|
| All items | 104.8 | 110.4 | -5.1% |
| Goods | 103.1 | 105.2 | -2.0% |
| Housing (rents) | 111.8 | 211.9 | -47.2% |
| Utilities | 93.5 | 156.7 | -40.3% |
| Other services | 104.4 | 100.3 | +4.1% |
| All items, 2008 | 102.9 | 119.3 | -13.7% |
| $50,000 in Minneapolis equals in San Jose | $52,672 | ||
| $100,000 in Minneapolis equals in San Jose | $105,343 | ||
| $150,000 in Minneapolis equals in San Jose | $158,015 |
Related
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Last updated 2026-10-16. Data only, not financial or tax advice.