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

El Paso

Texas
67
VS

Minneapolis

Minnesota
102

El Paso is 34% cheaper than Minneapolis.

$1,041/mo ↓ 22%
Median Rent
$1,329/mo ↑ 28%
$58,734/yr ↓ 27%
Median Income
$80,269/yr ↑ 37%
$171,700 ↓ 50%
Home Value
$345,600 ↑ 101%
$1,044/mo ↓ 31%
Owner Costs
$1,513/mo ↑ 45%
678,147
Population
426,845

Tax Comparison

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

Affordability

21.3%
rent-to-income
Affordability
19.9%
rent-to-income

Detailed Comparison

When comparing El Paso, TX and Minneapolis, MN, the overall cost of living indices are 67 and 102 respectively (national median = 100). Rent is $288/month cheaper in El Paso, saving renters about $3,456/year.

Median household income is $21,535/year higher in Minneapolis. Home values also differ significantly — the median in El Paso is $171,700 compared to $345,600 in Minneapolis.

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

Frequently Asked Questions

El Paso vs Minneapolis — common questions

Is El Paso or Minneapolis cheaper to live in?
Based on our cost index, El Paso is cheaper to live in with an index of 67 compared to 102 (US average = 100).
What is the rent difference between El Paso and Minneapolis?
Median rent in El Paso is $1,041/month and in Minneapolis it's $1,329/month — a difference of $288/month.
Which city has higher income, El Paso or Minneapolis?
Median household income is $58,734 in El Paso and $80,269 in Minneapolis. Median household income is $21,535/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 El Paso or Minneapolis?
It depends on your priorities. El Paso has a cost index of 67 with median rent of $1,041/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 El Paso details → View Minneapolis details →

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