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Minneapolis, MN vs Dallas, TX

Moving from Minneapolis to Dallas? Here's what changes — from your equivalent salary to housing ($393,774 → $366,823 median home) and taxes.

Minneapolis, MN
Photo: BpA9543 via Commons · CC BY-SA 4.0
Dallas, TX
Photo: Michael Barera via Commons · CC BY-SA 4.0

Minneapolis vs Dallas at a glance

Bars scaled to the range across all 200 metros; labels show actual values.

Minneapolis, MN Dallas, TX Cost-of-living index Minneapolis, MN — Cost-of-living index: 104 104 Dallas, TX — Cost-of-living index: 102 102 Median home price Minneapolis, MN — Median home price: $394k $394k Dallas, TX — Median home price: $367k $367k Price per sqft Minneapolis, MN — Price per sqft: $219 $219 Dallas, TX — Price per sqft: $175 $175 Median rent Minneapolis, MN — Median rent: $1,721 $1,721 Dallas, TX — Median rent: $1,678 $1,678 Combined sales tax Minneapolis, MN — Combined sales tax: 8.1% 8.1% Dallas, TX — Combined sales tax: 8.2% 8.2% Property tax rate Minneapolis, MN — Property tax rate: 1.10% 1.10% Dallas, TX — Property tax rate: 1.76% 1.76% Violent crime /100k (state avg) Minneapolis, MN — Violent crime /100k (state avg): 280 280 Dallas, TX — Violent crime /100k (state avg): 430 430 Electricity ¢/kWh Minneapolis, MN — Electricity ¢/kWh: 16.4 16.4 Dallas, TX — Electricity ¢/kWh: 17.0 17.0 Avg commute (min) Minneapolis, MN — Avg commute (min): 25 25 Dallas, TX — Avg commute (min): 28 28 Avg summer high °F Minneapolis, MN — Avg summer high °F: 83° 83° Dallas, TX — Avg summer high °F: 96° 96° Avg winter low °F Minneapolis, MN — Avg winter low °F: 4° Dallas, TX — Avg winter low °F: 38° 38°

To keep the same standard of living as $100,000 in Minneapolis, MN, you'd need about $93,747 in Dallas, TX (−$6,253).

Livability — Minneapolis, MN: 54 · Dallas, TX: 67 (0–100).

What your home budget buys

A $500,000 home budget gets you about 2,285 sqft in Minneapolis vs 2,862 sqft in Dallas ($219 vs $175 per sqft).

Annual cost breakdown (at $100,000)

CategoryMinneapolis, MNDallas, TXDifference
Housing $20,652 $20,136 −$516
Groceries $5,227 $5,182 −$45
Transportation $3,375 $3,675 +$300
Utilities $4,584 $5,064 +$480
Insurance $180 $180 +$0
Taxes $9,163 $2,870 −$6,293
Total $43,181 $37,107 −$6,074

Effective state & local tax rate on $100,000 — Minneapolis, MN: 9.2% · Dallas, TX: 2.9% (income + local + sales + property tax where applicable ÷ income)

Assumptions: 500 gal gasoline/yr · $5000 base annual grocery · 35% of income sales-taxable. Renter: housing = median rent, renter's insurance, no property tax.

Side by side

MetricMinneapolis, MNDallas, TX
Cost-of-living index104.3102.5
Unemployment rate3.90%4.62%
Population growth (5-yr)4.3%8.0%
Air quality (median AQI)4759
Big Mac price (est.)$5.93$5.83
Median home price$393,774$366,823
Home price ÷ income4.2×4.4×
1-yr home appreciation2.1%-3.3%
Price per square foot$219$175
Median rent$1,721$1,678
Total tax burden (state avg, Tax Foundation)12.1%8.6%
Combined sales tax8.10%8.20%
Capital gains tax9.85%None
Property tax rate1.10%1.76%
Life expectancy at birth79.7 yrs77.9 yrs
Healthcare (annual)$6,800$6,800
Uninsured (share of residents)5.1%17.7%
Primary care providers / 100k8865
Childcare (annual, infant)$16,000$9,500
Vehicle property tax1.58%None
Days per year ≥ 90°F1197
Days per year ≥ 100°F017
Homes with air conditioning (state)94%95%
Avg commute (min)2528
Commute by driving alone67.8%71.3%
Home insurance / yr$2,200$3,600
Auto insurance / yr$1,600$2,100
FEMA risk index (0–100, higher = more risk)86.1 — Relatively Moderate96.5 — Relatively High
Flood insurance / yr$600$900
Earthquake insurance / yr$100$100
Electricity ¢/kWh16.417.0
Gas $/gal3.153.00
Natural gas / mo$76$52
Water & sewer / mo$77$134
Home internet / mo$81$83
Violent crime /100k (state avg)280430
Avg summer high °F8396
Avg winter low °F438
Annual precipitation (in)31.638.3
Annual snowfall (in)51.21.7
Sunshine (% possible)58%61%
Permit difficulty (1–5)32

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