Quick answer
Overall prices in the Minneapolis, MN metro were 104.8 vs 97.9 in Virginia Beach, VA in 2024 (US = 100), so Minneapolis is 7.0% more expensive than Virginia Beach; housing rents differ by 12% (111.8 vs 99.8). A $75,000 income in Minneapolis buys about what $70,077 buys in Virginia Beach, per BEA.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024
| Price index (US = 100) | Minneapolis | Virginia Beach | Minneapolis vs Virginia Beach |
|---|---|---|---|
| All items | 104.8 | 97.9 | +7.0% |
| Goods | 103.1 | 96.8 | +6.5% |
| Housing (rents) | 111.8 | 99.8 | +12.1% |
| Utilities | 93.5 | 89.6 | +4.4% |
| Other services | 104.4 | 98.6 | +5.9% |
| All items, 2008 | 102.9 | 100.1 | +2.9% |
| $50,000 in Minneapolis equals in Virginia Beach | $46,718 | ||
| $100,000 in Minneapolis equals in Virginia Beach | $93,436 | ||
| $150,000 in Minneapolis equals in Virginia Beach | $140,153 |
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Last updated 2026-10-16. Data only, not financial or tax advice.