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:
$83,483/year
▲ $8,483 more than you make now
| Category | Raleigh | Minneapolis |
|---|---|---|
| Salary | $75,000 | $83,483 |
| Federal Income Tax | -$8,114 | -$9,980 |
| Social Security | -$4,650 | -$5,176 |
| Medicare | -$1,088 | -$1,211 |
| State Tax | -$3,188 | -$5,205 |
| Take-Home Pay | $57,961 | $61,912 |
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 | $43,767 | +$3,767 | $34,701 |
| $50,000 | $54,772 | +$4,772 | $42,796 |
| $60,000 | $66,197 | +$6,197 | $50,926 |
| $75,000 | $83,483 | +$8,483 | $61,912 |
| $100,000 | $111,297 | +$11,297 | $79,542 |
| $150,000 | $168,301 | +$18,301 | $114,171 |
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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