๐Ÿ“Š Cost of Living Comparison

Burlington vs Minneapolis

Side-by-side cost of living comparison for 2026

Burlington

Vermont
118
Above Average
$380,000
Median Home
$1,800/mo
Median Rent
$51,098
Median Income

Minneapolis

Minnesota
106
Above Average
$310,000
Median Home
$1,500/mo
Median Rent
$64,285
Median Income

๐Ÿ’ก The Verdict

10% cheaper
Minneapolis is 10% more affordable than Burlington. A $75,000 salary in Burlington is equivalent to $67,373 in Minneapolis.

Category-by-Category Breakdown

Index values shown. National average = 100. Lower is cheaper.

Housing
139
Burlington
112
Minneapolis
Groceries
108
Burlington
104
Minneapolis
Utilities
115
Burlington
97
Minneapolis
Transportation
98
Burlington
108
Minneapolis
Healthcare
116
Burlington
105
Minneapolis

๐Ÿ’ฐ Salary Equivalence

To maintain the same standard of living:

$67,373
$75K in Burlington โ†’ Minneapolis
$83,491
$75K in Minneapolis โ†’ Burlington

See exact take-home pay: Vermont salaries ยท Minnesota salaries

Living in Burlington vs Minneapolis

Housing is typically the biggest factor in any cost-of-living comparison. Burlington has a housing index of 139 while Minneapolis sits at 112 (national average = 100). The median home in Burlington costs $380,000 compared to $310,000 in Minneapolis, a difference of $70,000. Monthly rent follows a similar pattern: $1,800 in Burlington versus $1,500 in Minneapolis.

Groceries and everyday expenses show a narrower gap: Burlington scores 108 while Minneapolis scores 104.

Healthcare costs in Burlington (116) are higher than Minneapolis (105).

Median household income in Burlington is $51,098 compared to $64,285 in Minneapolis. When adjusted for cost of living, income goes further in Minneapolis.

Relocating: Burlington vs Minneapolis

If you are considering a move between Burlington (index: 118) and Minneapolis (index: 106), the 10% cost difference has real implications for your budget. Minneapolis is the more affordable option, but the right choice depends on your income, career opportunities, and lifestyle priorities.

Housing budget reality: Using the 28% rule (spending no more than 28% of gross income on housing), the median household in Burlington can afford $1,192/month, while the median household in Minneapolis can afford $1,500/month. With median homes at $380,000 in Burlington versus $310,000 in Minneapolis, homeownership requires above-median income in the pricier market.

Renting vs buying: At $1,800/month in Burlington and $1,500/month in Minneapolis, renters face similar costs in both cities. The rent-to-own ratio in each city determines whether renting or buying offers better value for your situation.

Income adjustment: A $75,000 salary goes significantly further in Minneapolis. Before accepting a job in either city, use the salary equivalence data above to understand what you would need to earn to maintain your current standard of living.

Reading These Numbers: Burlington (118) vs Minneapolis (106)

The cost of living index uses 100 as the national average. Burlington at 118 is 18% above the US average, while Minneapolis at 106 is 6% above average. There is a meaningful cost gap between these two cities that affects day-to-day budgeting.

The overall index is a weighted average of housing (the largest component), groceries, utilities, transportation, and healthcare. Housing typically drives the biggest differences between cities. Even when two cities have similar overall indices, their category-level costs can vary significantly โ€” one city might have expensive housing but cheap groceries, while another is the reverse. Check the category breakdown above for the full picture.

For renters: With median rents of $1,800/month in Burlington and $1,500/month in Minneapolis, the annual rent difference is approximately $3,600. Over a 5-year period, that compounds to $18,000 in savings by choosing the more affordable city.

For homebuyers: The $70,000 difference in median home prices between Burlington and Minneapolis translates to roughly $4,200 per month in mortgage payments at current rates. Factor this into your budget alongside property taxes and insurance, which also vary by location.

๐Ÿ”— Related Tools

๐Ÿ“š Moving & Relocation Resources

Moving Planners โ†’Finance Books โ†’Budget Planners โ†’

Amazon affiliate links