Moving from Chicago to Minneapolis?
Here's what you'd need to earn to maintain your lifestyle.
To maintain your Chicago lifestyle in Minneapolis, you'd need to earn:
$77,502/year
▲ $2,502 more than you make now
| Category | Chicago | Minneapolis |
|---|---|---|
| Salary | $75,000 | $77,502 |
| Federal Income Tax | -$8,114 | -$8,664 |
| Social Security | -$4,650 | -$4,805 |
| Medicare | -$1,088 | -$1,124 |
| State Tax | -$3,713 | -$4,798 |
| Take-Home Pay | $57,436 | $58,111 |
Why the difference
- Cost of living is +1.2% in Minneapolis
- Housing is -0.2% in Minneapolis
- At the same $75,000 salary, you'd pay $915/year in taxes in Minneapolis
Estimated Moving Costs
Distance: ~355 miles
DIY Truck
$2,000
Container
$3,500
Full-Service
$5,000
Salary Equivalents: Chicago to Minneapolis
| Your Chicago Salary | Minneapolis Equivalent | Difference | Minneapolis Take-Home |
|---|---|---|---|
| $40,000 | $40,895 | +$895 | $32,589 |
| $50,000 | $51,243 | +$1,243 | $40,200 |
| $60,000 | $61,651 | +$1,651 | $47,855 |
| $75,000 | $77,502 | +$2,502 | $58,111 |
| $100,000 | $103,522 | +$3,522 | $74,647 |
| $150,000 | $156,636 | +$6,636 | $107,113 |
Single filer, 2025 tax brackets, standard deduction. Equivalents based on BEA Regional Price Parities.
How Chicago and Minneapolis Compare
Housing (0% cheaper in Minneapolis)
The average 1-bedroom apartment in Minneapolis rents for $1,330/month compared to $1,975/month in Chicago. Median home prices: $327,000 in Minneapolis vs $374,000 in Chicago.
Taxes
Illinois has a flat 5.0% 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 $915/year in taxes alone.
Overall Cost of Living
Minneapolis's overall cost of living is 1.2% higher than Chicago, based on the BEA Regional Price Parity index (where 100 = national average).Chicago: 103.6, Minneapolis: 104.8.
Plan Your Move
Get Free Moving Quotes
Compare rates from licensed movers for your Chicago to Minneapolis move. Average cost: $2,000–$5,000.
Compare Moving Quotes →Find Apartments in Minneapolis
Average 1BR rent in Minneapolis: $1,330/month. Browse available listings.
Search Apartments →High-Yield Savings
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