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:
$88,867/year
▲ $13,867 more than you make now
| Category | Austin | Minneapolis |
|---|---|---|
| Salary | $75,000 | $88,867 |
| Federal Income Tax | -$8,114 | -$11,165 |
| Social Security | -$4,650 | -$5,510 |
| Medicare | -$1,088 | -$1,289 |
| State Tax | -$0 | -$5,571 |
| Take-Home Pay | $61,149 | $65,333 |
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 | $46,219 | +$6,219 | $36,505 |
| $50,000 | $57,942 | +$7,942 | $45,127 |
| $60,000 | $70,563 | +$10,563 | $53,701 |
| $75,000 | $88,867 | +$13,867 | $65,333 |
| $100,000 | $118,654 | +$18,654 | $84,134 |
| $150,000 | $179,306 | +$29,306 | $121,028 |
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.
Compare Savings Rates →