Moving from Indianapolis to Minneapolis?
Here's what you'd need to earn to maintain your lifestyle.
To maintain your Indianapolis lifestyle in Minneapolis, you'd need to earn:
$87,550/year
▲ $12,550 more than you make now
| Category | Indianapolis | Minneapolis |
|---|---|---|
| Salary | $75,000 | $87,550 |
| Federal Income Tax | -$8,114 | -$10,875 |
| Social Security | -$4,650 | -$5,428 |
| Medicare | -$1,088 | -$1,269 |
| State Tax | -$2,250 | -$5,481 |
| Take-Home Pay | $58,899 | $64,496 |
Why the difference
- Cost of living is +9.5% in Minneapolis
- Housing is +25.8% in Minneapolis
- At the same $75,000 salary, you'd pay $2,378/year in taxes in Minneapolis
Estimated Moving Costs
Distance: ~511 miles
DIY Truck
$3,000
Container
$5,000
Full-Service
$7,000
Salary Equivalents: Indianapolis to Minneapolis
| Your Indianapolis Salary | Minneapolis Equivalent | Difference | Minneapolis Take-Home |
|---|---|---|---|
| $40,000 | $45,681 | +$5,681 | $36,109 |
| $50,000 | $57,225 | +$7,225 | $44,600 |
| $60,000 | $69,546 | +$9,546 | $53,055 |
| $75,000 | $87,550 | +$12,550 | $64,496 |
| $100,000 | $116,740 | +$16,740 | $82,944 |
| $150,000 | $176,495 | +$26,495 | $119,153 |
Single filer, 2025 tax brackets, standard deduction. Equivalents based on BEA Regional Price Parities.
How Indianapolis and Minneapolis Compare
Housing (26% more expensive in Minneapolis)
The average 1-bedroom apartment in Minneapolis rents for $1,330/month compared to $1,020/month in Indianapolis. Median home prices: $327,000 in Minneapolis vs $224,000 in Indianapolis.
Taxes
Indiana has a flat 3.0% 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 $2,378/year in taxes alone.
Overall Cost of Living
Minneapolis's overall cost of living is 9.5% higher than Indianapolis, based on the BEA Regional Price Parity index (where 100 = national average).Indianapolis: 95.7, Minneapolis: 104.8.
Plan Your Move
Get Free Moving Quotes
Compare rates from licensed movers for your Indianapolis 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.
Compare Savings Rates →