El Paso is 34% cheaper than Minneapolis.
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.
El Paso vs Minneapolis — common questions
Other cost of living comparisons for El Paso and Minneapolis