Minneapolis vs Round Rock
Cost of Living Comparison · 2026
Minneapolis
Round Rock
The Verdict
Round Rock is 5.0% less expensive than Minneapolis overall. A household earning $75,000 in Minneapolis would need approximately $71,462 in Round Rock to maintain the same standard of living.
Category-by-Category Breakdown
Index values · National average = 100 · Lower is more affordable
Salary Equivalence
A $75,000 salary in Minneapolis has the same purchasing power as $71,462 in Round Rock.
Conversely, $75,000 in Round Rock equals $78,713 in Minneapolis.
Living in Minneapolis vs Round Rock
Housing Costs
Minneapolis's housing index of 112 is higher Round Rock's 92, translating to median home prices of $310,000 vs $413,000. The $103,000 difference in home prices means roughly $6,696 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,500/mo in Minneapolis compared to $1,400/mo in Round Rock, a monthly difference of $100.
Grocery & Food Costs
Grocery expenses index at 104 in Minneapolis and 96 in Round Rock. A household spending the national average of $475/month on groceries would pay approximately $494/month in Minneapolis vs $456/month in Round Rock. Round Rock offers a meaningful advantage on everyday food costs, saving roughly $456/year.
Utility Expenses
Utility costs — electricity, gas, water, internet — index at 97 in Minneapolis and 109 in Round Rock. Monthly utility bills average approximately $388 in Minneapolis vs $436 in Round Rock. Climate differences between the two cities drive much of this gap, with heating and cooling costs varying substantially by region.
Healthcare
Healthcare costs index at 105 in Minneapolis and 96 in Round Rock. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 9-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.
Income & Purchasing Power
Median household income is $64,285 in Minneapolis and $100,500 in Round Rock. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $60,646 and $99,505 respectively. Round Rock residents come out ahead in real purchasing power.
Relocation Considerations
Under the standard 28% rule, a median-income household can allocate $1,500/month to housing in Minneapolis vs $2,345/month in Round Rock. In Minneapolis, median rent of $1,500/mo fits within this budget. In Round Rock, median rent of $1,400/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 20 index points — focus your budget analysis there.
Frequently Asked Questions
Moving & Relocation Resources
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