Moving from Raleigh to Minneapolis?
Here's what you'd need to earn to maintain your lifestyle.
To maintain your Raleigh lifestyle in Minneapolis, you'd need to earn:
$80,093/year
▲ $5,093 more than you make now
| Category | Raleigh | Minneapolis |
|---|---|---|
| Salary | $75,000 | $80,093 |
| Federal Income Tax | -$8,114 | -$9,234 |
| Social Security | -$4,650 | -$4,966 |
| Medicare | -$1,088 | -$1,161 |
| State Tax | -$3,188 | -$4,974 |
| Take-Home Pay | $57,961 | $59,757 |
Why the difference
- Cost of living is +6.8% in Minneapolis
- Housing is +8.0% in Minneapolis
- At the same $75,000 salary, you'd pay $1,440/year in taxes in Minneapolis
Estimated Moving Costs
Distance: ~996 miles
DIY Truck
$3,000
Container
$5,000
Full-Service
$7,000
Salary Equivalents: Raleigh to Minneapolis
| Your Raleigh Salary | Minneapolis Equivalent | Difference | Minneapolis Take-Home |
|---|---|---|---|
| $40,000 | $42,716 | +$2,716 | $33,928 |
| $50,000 | $53,395 | +$3,395 | $41,783 |
| $60,000 | $64,074 | +$4,074 | $49,577 |
| $75,000 | $80,093 | +$5,093 | $59,757 |
| $100,000 | $106,790 | +$6,790 | $76,723 |
| $150,000 | $160,185 | +$10,185 | $109,261 |
Single filer, 2025 tax brackets, standard deduction. Equivalents based on BEA Regional Price Parities.
How Raleigh and Minneapolis Compare
Housing (8% more expensive in Minneapolis)
The average 1-bedroom apartment in Minneapolis rents for $1,330/month compared to $1,240/month in Raleigh. Median home prices: $327,000 in Minneapolis vs $431,000 in Raleigh.
Taxes
North Carolina has a flat 4.3% 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 $1,440/year in taxes alone.
Overall Cost of Living
Minneapolis's overall cost of living is 6.8% higher than Raleigh, based on the BEA Regional Price Parity index (where 100 = national average).Raleigh: 98.2, Minneapolis: 104.8.
Plan Your Move
Get Free Moving Quotes
Compare rates from licensed movers for your Raleigh 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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