Quick answer
Overall prices in the Minneapolis, MN metro were 104.8 vs 100.9 in Tampa, FL in 2024 (US = 100), so Minneapolis is 3.9% more expensive than Tampa; housing rents differ by 11% (111.8 vs 125.8). A $75,000 income in Minneapolis buys about what $72,187 buys in Tampa, per BEA.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024
| Price index (US = 100) | Minneapolis | Tampa | Minneapolis vs Tampa |
|---|---|---|---|
| All items | 104.8 | 100.9 | +3.9% |
| Goods | 103.1 | 95.5 | +8.0% |
| Housing (rents) | 111.8 | 125.8 | -11.1% |
| Utilities | 93.5 | 88.5 | +5.6% |
| Other services | 104.4 | 97.6 | +7.0% |
| All items, 2008 | 102.9 | 103.3 | -0.3% |
| $50,000 in Minneapolis equals in Tampa | $48,124 | ||
| $100,000 in Minneapolis equals in Tampa | $96,249 | ||
| $150,000 in Minneapolis equals in Tampa | $144,373 |
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- Cost of living in Minneapolis-St. Paul-Bloomington, MN-WI vs US average (2024)
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Last updated 2026-10-16. Data only, not financial or tax advice.