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

Minneapolis

Minnesota
102
VS

Brandon

Florida
108

Minneapolis is 6% cheaper than Brandon.

$1,329/mo ↓ 21%
Median Rent
$1,691/mo ↑ 27%
$80,269/yr ↑ 4%
Median Income
$77,068/yr ↓ 4%
$345,600 ↑ 18%
Home Value
$293,800 ↓ 15%
$1,513/mo ↓ 2%
Owner Costs
$1,546/mo ↑ 2%
426,845
Population
116,365

Tax Comparison

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

Affordability

19.9%
rent-to-income
Affordability
26.3%
rent-to-income

Detailed Comparison

When comparing Minneapolis, MN and Brandon, FL, the overall cost of living indices are 102 and 108 respectively (national median = 100). Rent is $362/month cheaper in Minneapolis, saving renters about $4,344/year.

Median household income is $3,201/year higher in Minneapolis. Home values also differ significantly — the median in Minneapolis is $345,600 compared to $293,800 in Brandon.

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

Frequently Asked Questions

Minneapolis vs Brandon — common questions

Is Minneapolis or Brandon cheaper to live in?
Based on our cost index, Minneapolis is cheaper to live in with an index of 102 compared to 108 (US average = 100).
What is the rent difference between Minneapolis and Brandon?
Median rent in Minneapolis is $1,329/month and in Brandon it's $1,691/month — a difference of $362/month.
Which city has higher income, Minneapolis or Brandon?
Median household income is $80,269 in Minneapolis and $77,068 in Brandon. Median household income is $3,201/year higher in Minneapolis.
How do taxes compare between Minnesota and Florida?
Minnesota has 9.85% income tax, 6.875% sales tax, and 1.11% property tax. Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax.
Should I move to Minneapolis or Brandon?
It depends on your priorities. Minneapolis has a cost index of 102 with median rent of $1,329/mo, while Brandon has a cost index of 108 with rent of $1,691/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
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