Moving from Minneapolis to Phoenix?
Here's what you'd need to earn to maintain your lifestyle.
To maintain your Minneapolis lifestyle in Phoenix, you'd need to earn:
$69,726/year
▼ $5,274 less than you make now
| Category | Minneapolis | Phoenix |
|---|---|---|
| Salary | $75,000 | $69,726 |
| Federal Income Tax | -$8,114 | -$6,954 |
| Social Security | -$4,650 | -$4,323 |
| Medicare | -$1,088 | -$1,011 |
| State Tax | -$4,628 | -$1,743 |
| Take-Home Pay | $56,521 | $55,695 |
Why the difference
- Cost of living is -1.5% in Phoenix
- Housing is +8.4% in Phoenix
- At the same $75,000 salary, you'd save $2,753/year in taxes in Phoenix
Estimated Moving Costs
Distance: ~1,279 miles
DIY Truck
$4,000
Container
$6,500
Full-Service
$9,000
Salary Equivalents: Minneapolis to Phoenix
| Your Minneapolis Salary | Phoenix Equivalent | Difference | Phoenix Take-Home |
|---|---|---|---|
| $40,000 | $37,784 | -$2,216 | $31,453 |
| $50,000 | $47,116 | -$2,884 | $38,718 |
| $60,000 | $56,447 | -$3,553 | $45,982 |
| $75,000 | $69,726 | -$5,274 | $55,695 |
| $100,000 | $92,814 | -$7,186 | $71,360 |
| $150,000 | $137,975 | -$12,025 | $101,610 |
Single filer, 2025 tax brackets, standard deduction. Equivalents based on BEA Regional Price Parities.
How Minneapolis and Phoenix Compare
Housing (8% more expensive in Phoenix)
The average 1-bedroom apartment in Phoenix rents for $1,195/month compared to $1,330/month in Minneapolis. Median home prices: $460,000 in Phoenix vs $327,000 in Minneapolis.
Taxes
Minnesota has a progressive state income tax from 5.3% to 9.8%. Arizona has a flat 2.5% state income tax. On a $75,000 salary, moving to Phoenix would save you about $2,753/year in taxes alone.
Overall Cost of Living
Phoenix's overall cost of living is 1.5% lower than Minneapolis, based on the BEA Regional Price Parity index (where 100 = national average).Minneapolis: 104.8, Phoenix: 103.3.
Plan Your Move
Get Free Moving Quotes
Compare rates from licensed movers for your Minneapolis to Phoenix move. Average cost: $4,000–$9,000.
Compare Moving Quotes →Find Apartments in Phoenix
Average 1BR rent in Phoenix: $1,195/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 →