Cost of Living: Dallas, TX vs Minneapolis, MN (2026)

Dallas

Texas
97
VS

Minneapolis

Minnesota
102

Dallas is 5% cheaper than Minneapolis.

$1,403/mo ↑ 6%
Median Rent
$1,329/mo ↓ 5%
$67,760/yr ↓ 16%
Median Income
$80,269/yr ↑ 18%
$295,300 ↓ 15%
Home Value
$345,600 ↑ 17%
$1,409/mo ↓ 7%
Owner Costs
$1,513/mo ↑ 7%
1,299,553
Population
426,845

Tax Comparison

0%
Income Tax
9.85%
6.25%
State Sales Tax
6.875%
1.6%
Property Tax
1.11%

Affordability

24.8%
rent-to-income
Affordability
19.9%
rent-to-income

Detailed Comparison

When comparing Dallas, TX and Minneapolis, MN, the overall cost of living indices are 97 and 102 respectively (national median = 100). Rent is $74/month cheaper in Minneapolis, saving renters about $888/year.

Median household income is $12,509/year higher in Minneapolis. Home values also differ significantly — the median in Dallas is $295,300 compared to $345,600 in Minneapolis.

Texas has no state income tax, giving Dallas residents a significant tax advantage over Minnesota's 9.85% rate.

Frequently Asked Questions

Dallas vs Minneapolis — common questions

Is Dallas or Minneapolis cheaper to live in?
Based on our cost index, Dallas is cheaper to live in with an index of 97 compared to 102 (US average = 100).
What is the rent difference between Dallas and Minneapolis?
Median rent in Dallas is $1,403/month and in Minneapolis it's $1,329/month — a difference of $74/month.
Which city has higher income, Dallas or Minneapolis?
Median household income is $67,760 in Dallas and $80,269 in Minneapolis. Median household income is $12,509/year higher in Minneapolis.
How do taxes compare between Texas and Minnesota?
Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. Minnesota has 9.85% income tax, 6.875% sales tax, and 1.11% property tax.
Should I move to Dallas or Minneapolis?
It depends on your priorities. Dallas has a cost index of 97 with median rent of $1,403/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.
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