Augusta vs Minneapolis
Cost of Living Comparison · 2026
Augusta
Minneapolis
The Verdict
The cost gap between these cities is 24.5%, with Augusta being the more affordable option. A $75,000 income in Augusta has equivalent purchasing power to $99,375 in Minneapolis.
Category-by-Category Breakdown
Index values · National average = 100 · Lower is more affordable
Salary Equivalence
A $75,000 salary in Augusta has the same purchasing power as $99,375 in Minneapolis.
Conversely, $75,000 in Minneapolis equals $56,604 in Augusta.
Living in Augusta vs Minneapolis
Housing Costs
Augusta's housing index of 62 is lower Minneapolis's 112, translating to median home prices of $225,000 vs $310,000. The $85,000 difference in home prices means roughly $5,520 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,075/mo in Augusta compared to $1,500/mo in Minneapolis, a monthly difference of $425.
Grocery & Food Costs
Grocery expenses index at 96 in Augusta and 104 in Minneapolis. A household spending the national average of $475/month on groceries would pay approximately $456/month in Augusta vs $494/month in Minneapolis. Augusta offers a meaningful advantage on everyday food costs, saving roughly $456/year.
Utility Expenses
Utility costs — electricity, gas, water, internet — index at 104 in Augusta and 97 in Minneapolis. Monthly utility bills average approximately $416 in Augusta vs $388 in Minneapolis. Utility costs are relatively comparable between these two cities.
Healthcare
Healthcare costs index at 81 in Augusta and 105 in Minneapolis. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 24-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.
Income & Purchasing Power
Median household income is $55,500 in Augusta and $64,285 in Minneapolis. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $69,375 and $60,646 respectively. Augusta residents enjoy stronger real purchasing power despite lower nominal wages.
Relocation Considerations
Under the standard 28% rule, a median-income household can allocate $1,295/month to housing in Augusta vs $1,500/month in Minneapolis. In Augusta, median rent of $1,075/mo fits within this budget. In Minneapolis, median rent of $1,500/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 50 index points — focus your budget analysis there.
Frequently Asked Questions
Moving & Relocation Resources
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