Moving from Salt Lake City to Minneapolis?
Here's what you'd need to earn to maintain your lifestyle.
To maintain your Salt Lake City lifestyle in Minneapolis, you'd need to earn:
$77,940/year
▲ $2,940 more than you make now
| Category | Salt Lake City | Minneapolis |
|---|---|---|
| Salary | $75,000 | $77,940 |
| Federal Income Tax | -$8,114 | -$8,761 |
| Social Security | -$4,650 | -$4,832 |
| Medicare | -$1,088 | -$1,130 |
| State Tax | -$3,375 | -$4,828 |
| Take-Home Pay | $57,774 | $58,389 |
Why the difference
- Cost of living is +3.9% in Minneapolis
- Housing is -9.3% in Minneapolis
- At the same $75,000 salary, you'd pay $1,253/year in taxes in Minneapolis
Estimated Moving Costs
Distance: ~985 miles
DIY Truck
$3,000
Container
$5,000
Full-Service
$7,000
Salary Equivalents: Salt Lake City to Minneapolis
| Your Salt Lake City Salary | Minneapolis Equivalent | Difference | Minneapolis Take-Home |
|---|---|---|---|
| $40,000 | $41,568 | +$1,568 | $33,084 |
| $50,000 | $51,960 | +$1,960 | $40,727 |
| $60,000 | $62,352 | +$2,352 | $48,371 |
| $75,000 | $77,940 | +$2,940 | $58,389 |
| $100,000 | $103,920 | +$3,920 | $74,899 |
| $150,000 | $155,880 | +$5,880 | $106,656 |
Single filer, 2025 tax brackets, standard deduction. Equivalents based on BEA Regional Price Parities.
How Salt Lake City and Minneapolis Compare
Housing (9% cheaper in Minneapolis)
The average 1-bedroom apartment in Minneapolis rents for $1,330/month compared to $1,200/month in Salt Lake City. Median home prices: $327,000 in Minneapolis vs $572,000 in Salt Lake City.
Taxes
Utah has a flat 4.5% 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 $1,253/year in taxes alone.
Overall Cost of Living
Minneapolis's overall cost of living is 3.9% higher than Salt Lake City, based on the BEA Regional Price Parity index (where 100 = national average).Salt Lake City: 100.9, Minneapolis: 104.8.
Plan Your Move
Get Free Moving Quotes
Compare rates from licensed movers for your Salt Lake City 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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