City Comparison

Greeley vs Minneapolis

Cost of Living Comparison · 2026

Greeley

Colorado
113
Above Average
$420,000
Median Home
$1,275/mo
Median Rent
$72,500
Median Income

Minneapolis

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

The Verdict

6.6%

Minneapolis is 6.6% less expensive than Greeley overall. A household earning $75,000 in Greeley would need approximately $70,354 in Minneapolis to maintain the same standard of living.

Category-by-Category Breakdown

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

Housing
136
Greeley
112
Minneapolis
Groceries
95
Greeley
104
Minneapolis
Utilities
89
Greeley
97
Minneapolis
Transportation
110
Greeley
108
Minneapolis
Healthcare
97
Greeley
105
Minneapolis

Salary Equivalence

A $75,000 salary in Greeley has the same purchasing power as $70,354 in Minneapolis.

Conversely, $75,000 in Minneapolis equals $79,953 in Greeley.

Living in Greeley vs Minneapolis

Housing Costs

Greeley's housing index of 136 is higher Minneapolis's 112, translating to median home prices of $420,000 vs $310,000. The $110,000 difference in home prices means roughly $7,152 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,275/mo in Greeley compared to $1,500/mo in Minneapolis, a monthly difference of $225.

Grocery & Food Costs

Grocery expenses index at 95 in Greeley and 104 in Minneapolis. A household spending the national average of $475/month on groceries would pay approximately $451/month in Greeley vs $494/month in Minneapolis. Greeley offers a meaningful advantage on everyday food costs, saving roughly $516/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 89 in Greeley and 97 in Minneapolis. Monthly utility bills average approximately $356 in Greeley vs $388 in Minneapolis. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 97 in Greeley and 105 in Minneapolis. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. Healthcare costs are relatively similar between these two cities, though individual plan costs can still vary.

Income & Purchasing Power

Median household income is $72,500 in Greeley and $64,285 in Minneapolis. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $64,159 and $60,646 respectively. Greeley residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,692/month to housing in Greeley vs $1,500/month in Minneapolis. In Greeley, median rent of $1,275/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 24 index points — focus your budget analysis there.

Frequently Asked Questions

Minneapolis is 6.6% more affordable overall with an index of 106 vs 113.
A $75,000 salary in Greeley has equivalent purchasing power to approximately $70,354 in Minneapolis, based on the cost of living difference.
Greeley's housing index is 136 with median homes at $420,000, while Minneapolis's is 112 with median homes at $310,000.

Moving & Relocation Resources

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