Cost of Living: Baltimore, MD vs Minneapolis, MN (2026)

Baltimore

Maryland
84
VS

Minneapolis

Minnesota
102

Baltimore is 18% cheaper than Minneapolis.

$1,290/mo ↓ 3%
Median Rent
$1,329/mo ↑ 3%
$59,623/yr ↓ 26%
Median Income
$80,269/yr ↑ 35%
$219,300 ↓ 37%
Home Value
$345,600 ↑ 58%
$1,333/mo ↓ 12%
Owner Costs
$1,513/mo ↑ 14%
577,193
Population
426,845

Tax Comparison

5.75%
Income Tax
9.85%
6.0%
State Sales Tax
6.875%
1.07%
Property Tax
1.11%

Affordability

26.0%
rent-to-income
Affordability
19.9%
rent-to-income

Detailed Comparison

When comparing Baltimore, MD and Minneapolis, MN, the overall cost of living indices are 84 and 102 respectively (national median = 100). Rent is comparable in both cities, with less than $50/month separating them.

Median household income is $20,646/year higher in Minneapolis. Home values also differ significantly — the median in Baltimore is $219,300 compared to $345,600 in Minneapolis.

Maryland has a lower income tax rate, making Baltimore slightly more tax-friendly.

Frequently Asked Questions

Baltimore vs Minneapolis — common questions

Is Baltimore or Minneapolis cheaper to live in?
Based on our cost index, Baltimore is cheaper to live in with an index of 84 compared to 102 (US average = 100).
What is the rent difference between Baltimore and Minneapolis?
Median rent in Baltimore is $1,290/month and in Minneapolis it's $1,329/month — a difference of $39/month.
Which city has higher income, Baltimore or Minneapolis?
Median household income is $59,623 in Baltimore and $80,269 in Minneapolis. Median household income is $20,646/year higher in Minneapolis.
How do taxes compare between Maryland and Minnesota?
Maryland has 5.75% income tax, 6.0% sales tax, and 1.07% property tax. Minnesota has 9.85% income tax, 6.875% sales tax, and 1.11% property tax.
Should I move to Baltimore or Minneapolis?
It depends on your priorities. Baltimore has a cost index of 84 with median rent of $1,290/mo, while Minneapolis has a cost index of 102 with rent of $1,329/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Baltimore details → View Minneapolis details →

More Comparisons

Other cost of living comparisons for Baltimore and Minneapolis

Baltimore vs. Louisville Baltimore vs. Milwaukee Baltimore vs. Memphis Baltimore vs. Albuquerque Baltimore vs. Detroit Baltimore vs. Fresno Minneapolis vs. Oakland Minneapolis vs. Tulsa Minneapolis vs. Miami Minneapolis vs. Bakersfield Minneapolis vs. Virginia Beach Minneapolis vs. Wichita