City Comparison

Minneapolis vs Stockholm

Cost of Living Comparison · 2026

Minneapolis

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

Stockholm

Sweden
97
Average
$445,000
Median Home
$1,500/mo
Median Rent
$50,000
Median Income

The Verdict

9.3%

The cost gap between these cities is 9.3%, with Stockholm being the more affordable option. A $75,000 income in Minneapolis has equivalent purchasing power to $68,632 in Stockholm.

Category-by-Category Breakdown

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

Housing
112
Minneapolis
118
Stockholm
Groceries
104
Minneapolis
92
Stockholm
Utilities
97
Minneapolis
88
Stockholm
Transportation
108
Minneapolis
108
Stockholm
Healthcare
105
Minneapolis
82
Stockholm

Salary Equivalence

A $75,000 salary in Minneapolis has the same purchasing power as $68,632 in Stockholm.

Conversely, $75,000 in Stockholm equals $81,959 in Minneapolis.

Living in Minneapolis vs Stockholm

Housing Costs

Minneapolis's housing index of 112 is lower Stockholm's 118, translating to median home prices of $310,000 vs $445,000. The $135,000 difference in home prices means roughly $8,772 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,500/mo in Minneapolis compared to $1,500/mo in Stockholm, a monthly difference of $0.

Grocery & Food Costs

Grocery expenses index at 104 in Minneapolis and 92 in Stockholm. A household spending the national average of $475/month on groceries would pay approximately $494/month in Minneapolis vs $437/month in Stockholm. Stockholm offers a meaningful advantage on everyday food costs, saving roughly $684/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 97 in Minneapolis and 88 in Stockholm. Monthly utility bills average approximately $388 in Minneapolis vs $352 in Stockholm. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 105 in Minneapolis and 82 in Stockholm. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 23-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 $50,000 in Stockholm. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $60,646 and $51,546 respectively. Minneapolis residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,500/month to housing in Minneapolis vs $1,167/month in Stockholm. In Minneapolis, median rent of $1,500/mo fits within this budget. In Stockholm, median rent of $1,500/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Healthcare, where the gap is 23 index points — focus your budget analysis there.

Frequently Asked Questions

Stockholm is 9.3% more affordable overall with an index of 97 vs 106.
A $75,000 salary in Minneapolis has equivalent purchasing power to approximately $68,632 in Stockholm, based on the cost of living difference.
Minneapolis's housing index is 112 with median homes at $310,000, while Stockholm's is 118 with median homes at $445,000.

Moving & Relocation Resources

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