Moving from Austin to Minneapolis?
Here's what you'd need to earn to maintain your lifestyle.
To maintain your Austin lifestyle in Minneapolis, you'd need to earn:
$80,139/year
▲ $5,139 more than you make now
| Category | Austin | Minneapolis |
|---|---|---|
| Salary | $75,000 | $80,139 |
| Federal Income Tax | -$8,114 | -$9,245 |
| Social Security | -$4,650 | -$4,969 |
| Medicare | -$1,088 | -$1,162 |
| State Tax | -$0 | -$4,977 |
| Take-Home Pay | $61,149 | $59,787 |
Why the difference
- Cost of living is +6.9% in Minneapolis
- Housing is -7.1% in Minneapolis
- At the same $75,000 salary, you'd pay $4,628/year in taxes in Minneapolis
Estimated Moving Costs
Distance: ~1,045 miles
DIY Truck
$4,000
Container
$6,500
Full-Service
$9,000
Salary Equivalents: Austin to Minneapolis
| Your Austin Salary | Minneapolis Equivalent | Difference | Minneapolis Take-Home |
|---|---|---|---|
| $40,000 | $42,741 | +$2,741 | $33,947 |
| $50,000 | $53,426 | +$3,426 | $41,806 |
| $60,000 | $64,111 | +$4,111 | $49,601 |
| $75,000 | $80,139 | +$5,139 | $59,787 |
| $100,000 | $106,852 | +$6,852 | $76,763 |
| $150,000 | $160,278 | +$10,278 | $109,317 |
Single filer, 2025 tax brackets, standard deduction. Equivalents based on BEA Regional Price Parities.
How Austin and Minneapolis Compare
Housing (7% cheaper in Minneapolis)
The average 1-bedroom apartment in Minneapolis rents for $1,330/month compared to $1,549/month in Austin. Median home prices: $327,000 in Minneapolis vs $400,000 in Austin.
Taxes
Texas has no state income tax. Minnesota has a progressive state income tax from 5.3% to 9.8%. On a $75,000 salary, moving to Minneapolis would cost you about $4,628/year in taxes alone.
Overall Cost of Living
Minneapolis's overall cost of living is 6.9% higher than Austin, based on the BEA Regional Price Parity index (where 100 = national average).Austin: 98.1, Minneapolis: 104.8.
Plan Your Move
Get Free Moving Quotes
Compare rates from licensed movers for your Austin to Minneapolis move. Average cost: $4,000–$9,000.
Compare Moving Quotes →Find Apartments in Minneapolis
Average 1BR rent in Minneapolis: $1,330/month. Browse available listings.
Search Apartments →High-Yield Savings
Park your moving fund in a 4.5%+ APY savings account while you plan your relocation.
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