๐Ÿ“Š Cost of Living Comparison

Minneapolis vs Tacoma

Side-by-side cost of living comparison for 2026

Minneapolis

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

Tacoma

Washington
117
Above Average
$400,000
Median Home
$1,600/mo
Median Rent
$58,974
Median Income

๐Ÿ’ก The Verdict

9% cheaper
Minneapolis is 9% more affordable than Tacoma. A $75,000 salary in Tacoma is equivalent to $67,949 in Minneapolis.

Category-by-Category Breakdown

Index values shown. National average = 100. Lower is cheaper.

Housing
112
Minneapolis
140
Tacoma
Groceries
104
Minneapolis
105
Tacoma
Utilities
97
Minneapolis
108
Tacoma
Transportation
108
Minneapolis
108
Tacoma
Healthcare
105
Minneapolis
106
Tacoma

๐Ÿ’ฐ Salary Equivalence

To maintain the same standard of living:

$82,783
$75K in Minneapolis โ†’ Tacoma
$67,949
$75K in Tacoma โ†’ Minneapolis

See exact take-home pay: Minnesota salaries ยท Washington salaries

Living in Minneapolis vs Tacoma

Housing is typically the biggest factor in any cost-of-living comparison. Minneapolis has a housing index of 112 while Tacoma sits at 140 (national average = 100). The median home in Minneapolis costs $310,000 compared to $400,000 in Tacoma, a difference of $90,000. Monthly rent follows a similar pattern: $1,500 in Minneapolis versus $1,600 in Tacoma.

Groceries and everyday expenses show a narrower gap: Minneapolis scores 104 while Tacoma scores 105. Both cities are close to the national average for grocery costs.

Healthcare costs in Minneapolis (105) are lower than Tacoma (106). Both are close to the national average.

Median household income in Minneapolis is $64,285 compared to $58,974 in Tacoma. When adjusted for cost of living, income goes further in Minneapolis.

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