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Minneapolis vs Phoenix: prices, pay and housing
| Minneapolis, MN | Phoenix, AZ | |
|---|---|---|
| BEA price parity (U.S. = 100) | 104.8 | 103.3 |
| Average salary, all jobs | $74,580 | $69,630 |
| Median salary, all jobs | $59,320 | $51,380 |
| Average salary adjusted for prices | $71,149 | $67,395 |
| Take-home on the average salary* | $57,749 | $56,468 |
| Typical home value | $393,774 | $448,352 |
| Median household income | $98,180 | $84,703 |
| Home price / household income | 4.0 | 5.3 |
| Metro population | 3,693,351 | 4,941,206 |
*Single filer, federal and state income tax and FICA (2026 rules); city income taxes included where we model them.
Compare with another city or state
Equivalent salary: Minneapolis to Phoenix
To keep the same standard of living when moving from Minneapolis to Phoenix, multiply your salary by 0.986.
| Salary in Minneapolis | Same buying power in Phoenix |
|---|---|
| $50,000 in Minneapolis | $49,282 in Phoenix |
| $75,000 in Minneapolis | $73,922 in Phoenix |
| $100,000 in Minneapolis | $98,563 in Phoenix |
| $150,000 in Minneapolis | $147,845 in Phoenix |
| $200,000 in Minneapolis | $197,127 in Phoenix |
Salaries for common jobs in Minneapolis and Phoenix
| Job | Minneapolis | Phoenix | Adjusted for prices |
|---|---|---|---|
| General and Operations Managers | $125,460 | $132,100 | $119,689 / $127,860 |
| Retail Salespersons | $39,070 | $38,580 | $37,273 / $37,342 |
| Customer Service Representatives | $52,960 | $48,550 | $50,524 / $46,992 |
| Home Health and Personal Care Aides | $40,250 | $36,850 | $38,398 / $35,667 |
| Laborers and Freight, Stock, and Material Movers, Hand | $48,080 | $44,840 | $45,868 / $43,401 |
| Fast Food and Counter Workers | $33,150 | $35,560 | $31,625 / $34,419 |
| Registered Nurses | $106,480 | $101,090 | $101,582 / $97,845 |
| Cashiers | $35,890 | $35,960 | $34,239 / $34,806 |
| Stockers and Order Fillers | $40,390 | $41,210 | $38,532 / $39,887 |
| Waiters and Waitresses | $31,300 | $53,370 | $29,860 / $51,657 |
| Office Clerks, General | $50,800 | $50,560 | $48,463 / $48,937 |
| Heavy and Tractor-Trailer Truck Drivers | $66,500 | $59,790 | $63,441 / $57,871 |
| Software Developers | $130,410 | $135,520 | $124,411 / $131,170 |
| Construction Laborers | $67,800 | $48,670 | $64,681 / $47,108 |
| Janitors and Cleaners, Except Maids and Housekeeping Cleaners | $42,170 | $38,120 | $40,230 / $36,897 |
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Average salary vs. price-adjusted salary
More cost of living comparisons
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Minneapolis vs Phoenix: questions
Is Minneapolis more expensive than Phoenix?
Yes. BEA prices are 104.8 in Minneapolis, MN and 103.3 in Phoenix, AZ (U.S. = 100).
What salary do I need in Phoenix to match $100,000 in Minneapolis?
About $98,563, before taxes.
Where do salaries go further, Minneapolis or Phoenix?
Minneapolis, MN: once prices are counted, its average salary buys more.
Sources and how to read this page
- Cost of living: Bureau of Economic Analysis regional price parities (RPP), 2024; 100 = U.S. average.
- Wages: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates for metropolitan areas.
- Home values: Zillow Home Value Index; income and population: Census ACS 5-year 2023.
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