Hilo vs Minneapolis
Cost of Living Comparison · 2026 Data
Hilo
Minneapolis
💡 The Verdict
Minneapolis is 39% cheaper than Hilo overall. A $75,000 salary in Hilo is equivalent to $45,954 in Minneapolis.
Category-by-Category Breakdown
Index values for Hilo (left) vs Minneapolis (right). National average = 100.
Detailed Price Comparison
Estimated item-level prices in Hilo versus Minneapolis. Differences shown from Hilo perspective.
| Item | Hilo | Minneapolis | Difference |
|---|---|---|---|
| 1-Bed Rent | $1,440/mo | $1,070/mo | +$370.00 |
| 2-Bed Rent | $2,010/mo | $1,500/mo | +$510.00 |
| 3-Bed Rent | $2,670/mo | $1,960/mo | +$710.00 |
| Bread (loaf) | $4.46 | $2.93 | +$1.53 |
| Milk (gallon) | $5.73 | $4.28 | +$1.45 |
| Eggs (dozen) | $4.50 | $3.29 | +$1.21 |
| Coffee (latte) | $7.86 | $5.90 | +$1.96 |
| Gas (gallon) | $4.24 | $3.54 | +$0.70 |
| Restaurant Meal | $23.60 | $14.50 | +$9.10 |
💰 Salary Equivalence
A $75,000 salary in Hilo has the same purchasing power as $45,954 in Minneapolis.
Conversely, $75,000 in Minneapolis equals $122,406 in Hilo.
💼 Take-Home Pay Comparison
Estimated annual take-home pay on a $75,000 salary after federal, FICA, and state income taxes.
The $300 difference is driven by Minnesota having a higher state income tax rate. Hawaii details → · Minnesota details →
Reading These Numbers: Hilo (173) vs Minneapolis (106)
Hilo at 173 is 73% 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.
In Hilo, the composite index of 173 reflects a weighted calculation where housing carries the most influence at 161, followed by groceries (150), utilities (160), transportation (140), and healthcare (150). Costs are fairly balanced across categories.
For renters: With median rents of $2,010/mo in Hilo and $1,500/mo in Minneapolis, the annual rent difference is approximately $6,120.0. Over a 5-year period, that compounds to $30,600.0 in savings by choosing the more affordable city.
For homebuyers: The $193,000.0 difference in median home prices between Hilo and Minneapolis translates to meaningful differences in mortgage payments at current rates. Factor this into your budget alongside property taxes and insurance, which also vary by location.
🔗 Related Tools
📚 Moving & Relocation Resources
Amazon affiliate links
CITY PROFILES
Making Your Decision: Hilo vs Minneapolis
Choosing between Hilo and Minneapolis involves more than just comparing index numbers. Consider how each category aligns with your personal spending patterns. If you work from home, transportation costs matter less than housing and utilities. If you eat out frequently, the groceries index may understate your actual food spending — look at the restaurant meal prices in the detailed comparison table above instead.
The cost gap between Hilo and Minneapolis reflects thousands of individual pricing differences across housing markets, grocery chains, utility providers, and healthcare networks. No two households experience the same effective cost of living even in the same city, which is why the category breakdown matters more than the headline number. Adjust the lifestyle weighting sliders above to see how your spending priorities shift the comparison between these specific metros.