City Comparison

Denton vs Minneapolis

Cost of Living Comparison · 2026

Denton

Texas
108
Above Average
$385,000
Median Home
$1,425/mo
Median Rent
$73,700
Median Income

Minneapolis

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

The Verdict

1.9%

The cost gap between these cities is 1.9%, with Minneapolis being the more affordable option. A $75,000 income in Denton has equivalent purchasing power to $73,611 in Minneapolis.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
126
Denton
112
Minneapolis
Groceries
98
Denton
104
Minneapolis
Utilities
90
Denton
97
Minneapolis
Transportation
87
Denton
108
Minneapolis
Healthcare
81
Denton
105
Minneapolis

Salary Equivalence

A $75,000 salary in Denton has the same purchasing power as $73,611 in Minneapolis.

Conversely, $75,000 in Minneapolis equals $76,415 in Denton.

Living in Denton vs Minneapolis

Housing Costs

Denton's housing index of 126 is higher Minneapolis's 112, translating to median home prices of $385,000 vs $310,000. The $75,000 difference in home prices means roughly $4,872 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,425/mo in Denton compared to $1,500/mo in Minneapolis, a monthly difference of $75.

Grocery & Food Costs

Grocery expenses index at 98 in Denton and 104 in Minneapolis. A household spending the national average of $475/month on groceries would pay approximately $466/month in Denton vs $494/month in Minneapolis. Denton offers a meaningful advantage on everyday food costs, saving roughly $336/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 90 in Denton and 97 in Minneapolis. Monthly utility bills average approximately $360 in Denton vs $388 in Minneapolis. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 81 in Denton 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 $73,700 in Denton and $64,285 in Minneapolis. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $68,241 and $60,646 respectively. Denton residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,720/month to housing in Denton vs $1,500/month in Minneapolis. In Denton, median rent of $1,425/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 Healthcare, where the gap is 24 index points — focus your budget analysis there.

Frequently Asked Questions

Minneapolis is 1.9% more affordable overall with an index of 106 vs 108.
A $75,000 salary in Denton has equivalent purchasing power to approximately $73,611 in Minneapolis, based on the cost of living difference.
Denton's housing index is 126 with median homes at $385,000, while Minneapolis's is 112 with median homes at $310,000.

Moving & Relocation Resources

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