Cost of Living: Jacksonville, FL vs Minneapolis, MN (2026)

Jacksonville

Florida
92
VS

Minneapolis

Minnesota
102

Jacksonville is 10% cheaper than Minneapolis.

$1,375/mo ↑ 3%
Median Rent
$1,329/mo ↓ 3%
$66,981/yr ↓ 17%
Median Income
$80,269/yr ↑ 20%
$266,100 ↓ 23%
Home Value
$345,600 ↑ 30%
$1,324/mo ↓ 12%
Owner Costs
$1,513/mo ↑ 14%
961,739
Population
426,845

Tax Comparison

0%
Income Tax
9.85%
6.0%
State Sales Tax
6.875%
0.86%
Property Tax
1.11%

Affordability

24.6%
rent-to-income
Affordability
19.9%
rent-to-income

Detailed Comparison

When comparing Jacksonville, FL and Minneapolis, MN, the overall cost of living indices are 92 and 102 respectively (national median = 100). Rent is comparable in both cities, with less than $50/month separating them.

Median household income is $13,288/year higher in Minneapolis. Home values also differ significantly — the median in Jacksonville is $266,100 compared to $345,600 in Minneapolis.

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

Frequently Asked Questions

Jacksonville vs Minneapolis — common questions

Is Jacksonville or Minneapolis cheaper to live in?
Based on our cost index, Jacksonville is cheaper to live in with an index of 92 compared to 102 (US average = 100).
What is the rent difference between Jacksonville and Minneapolis?
Median rent in Jacksonville is $1,375/month and in Minneapolis it's $1,329/month — a difference of $46/month.
Which city has higher income, Jacksonville or Minneapolis?
Median household income is $66,981 in Jacksonville and $80,269 in Minneapolis. Median household income is $13,288/year higher in Minneapolis.
How do taxes compare between Florida and Minnesota?
Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax. Minnesota has 9.85% income tax, 6.875% sales tax, and 1.11% property tax.
Should I move to Jacksonville or Minneapolis?
It depends on your priorities. Jacksonville has a cost index of 92 with median rent of $1,375/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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