Moving from Colorado Springs to Minneapolis?
Here's what you'd need to earn to maintain your lifestyle.
To maintain your Colorado Springs lifestyle in Minneapolis, you'd need to earn:
$80,792/year
▲ $5,792 more than you make now
| Category | Colorado Springs | Minneapolis |
|---|---|---|
| Salary | $75,000 | $80,792 |
| Federal Income Tax | -$8,114 | -$9,388 |
| Social Security | -$4,650 | -$5,009 |
| Medicare | -$1,088 | -$1,171 |
| State Tax | -$3,300 | -$5,022 |
| Take-Home Pay | $57,849 | $60,202 |
Why the difference
- Cost of living is +4.1% in Minneapolis
- Housing is -3.8% in Minneapolis
- At the same $75,000 salary, you'd pay $1,328/year in taxes in Minneapolis
Estimated Moving Costs
Distance: ~729 miles
DIY Truck
$3,000
Container
$5,000
Full-Service
$7,000
Salary Equivalents: Colorado Springs to Minneapolis
| Your Colorado Springs Salary | Minneapolis Equivalent | Difference | Minneapolis Take-Home |
|---|---|---|---|
| $40,000 | $42,451 | +$2,451 | $33,733 |
| $50,000 | $53,217 | +$3,217 | $41,652 |
| $60,000 | $64,044 | +$4,044 | $49,558 |
| $75,000 | $80,792 | +$5,792 | $60,202 |
| $100,000 | $107,828 | +$7,828 | $77,374 |
| $150,000 | $163,096 | +$13,096 | $111,022 |
Single filer, 2025 tax brackets, standard deduction. Equivalents based on BEA Regional Price Parities.
How Colorado Springs and Minneapolis Compare
Housing (4% cheaper in Minneapolis)
The average 1-bedroom apartment in Minneapolis rents for $1,330/month compared to $1,320/month in Colorado Springs. Median home prices: $327,000 in Minneapolis vs $475,000 in Colorado Springs.
Taxes
Colorado has a flat 4.4% 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 $1,328/year in taxes alone.
Overall Cost of Living
Minneapolis's overall cost of living is 4.1% higher than Colorado Springs, based on the BEA Regional Price Parity index (where 100 = national average).Colorado Springs: 100.7, Minneapolis: 104.8.
Plan Your Move
Get Free Moving Quotes
Compare rates from licensed movers for your Colorado Springs to Minneapolis move. Average cost: $3,000–$7,000.
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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