Moving from Minneapolis to Raleigh?
Here's what you'd need to earn to maintain your lifestyle.
To maintain your Minneapolis lifestyle in Raleigh, you'd need to earn:
$67,393/year
▼ $7,607 less than you make now
| Category | Minneapolis | Raleigh |
|---|---|---|
| Salary | $75,000 | $67,393 |
| Federal Income Tax | -$8,114 | -$6,440 |
| Social Security | -$4,650 | -$4,178 |
| Medicare | -$1,088 | -$977 |
| State Tax | -$4,628 | -$2,864 |
| Take-Home Pay | $56,521 | $52,933 |
Why the difference
- Cost of living is -6.4% in Raleigh
- Housing is -7.4% in Raleigh
- At the same $75,000 salary, you'd save $1,440/year in taxes in Raleigh
Estimated Moving Costs
Distance: ~996 miles
DIY Truck
$3,000
Container
$5,000
Full-Service
$7,000
Salary Equivalents: Minneapolis to Raleigh
| Your Minneapolis Salary | Raleigh Equivalent | Difference | Raleigh Take-Home |
|---|---|---|---|
| $40,000 | $36,588 | -$3,412 | $29,882 |
| $50,000 | $45,681 | -$4,319 | $36,802 |
| $60,000 | $54,713 | -$5,287 | $43,675 |
| $75,000 | $67,393 | -$7,607 | $52,933 |
| $100,000 | $89,884 | -$10,116 | $67,799 |
| $150,000 | $133,848 | -$16,152 | $96,550 |
Single filer, 2025 tax brackets, standard deduction. Equivalents based on BEA Regional Price Parities.
How Minneapolis and Raleigh Compare
Housing (7% cheaper in Raleigh)
The average 1-bedroom apartment in Raleigh rents for $1,240/month compared to $1,330/month in Minneapolis. Median home prices: $431,000 in Raleigh vs $327,000 in Minneapolis.
Taxes
Minnesota has a progressive state income tax from 5.3% to 9.8%. North Carolina has a flat 4.3% state income tax. On a $75,000 salary, moving to Raleigh would save you about $1,440/year in taxes alone.
Overall Cost of Living
Raleigh's overall cost of living is 6.4% lower than Minneapolis, based on the BEA Regional Price Parity index (where 100 = national average).Minneapolis: 104.8, Raleigh: 98.2.
Plan Your Move
Get Free Moving Quotes
Compare rates from licensed movers for your Minneapolis to Raleigh move. Average cost: $3,000–$7,000.
Compare Moving Quotes →Find Apartments in Raleigh
Average 1BR rent in Raleigh: $1,240/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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