High Point vs Minneapolis
Cost of Living Comparison · 2026
High Point
Minneapolis
The Verdict
The cost gap between these cities is 20.8%, with High Point being the more affordable option. A $75,000 income in High Point has equivalent purchasing power to $94,643 in Minneapolis.
Category-by-Category Breakdown
Index values · National average = 100 · Lower is more affordable
Salary Equivalence
A $75,000 salary in High Point has the same purchasing power as $94,643 in Minneapolis.
Conversely, $75,000 in Minneapolis equals $59,434 in High Point.
Living in High Point vs Minneapolis
Housing Costs
High Point's housing index of 61 is lower Minneapolis's 112, translating to median home prices of $249,000 vs $310,000. The $61,000 difference in home prices means roughly $3,960 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,075/mo in High Point compared to $1,500/mo in Minneapolis, a monthly difference of $425.
Grocery & Food Costs
Grocery expenses index at 96 in High Point and 104 in Minneapolis. A household spending the national average of $475/month on groceries would pay approximately $456/month in High Point vs $494/month in Minneapolis. High Point offers a meaningful advantage on everyday food costs, saving roughly $456/year.
Utility Expenses
Utility costs — electricity, gas, water, internet — index at 98 in High Point and 97 in Minneapolis. Monthly utility bills average approximately $392 in High Point vs $388 in Minneapolis. Utility costs are relatively comparable between these two cities.
Healthcare
Healthcare costs index at 101 in High Point 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 $49,200 in High Point and $64,285 in Minneapolis. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $58,571 and $60,646 respectively. Minneapolis residents come out ahead in real purchasing power.
Relocation Considerations
Under the standard 28% rule, a median-income household can allocate $1,148/month to housing in High Point vs $1,500/month in Minneapolis. In High Point, 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 51 index points — focus your budget analysis there.
Frequently Asked Questions
Moving & Relocation Resources
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