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

Minneapolis

Minnesota
102
VS

Carrollton

Texas
116

Minneapolis is 12% cheaper than Carrollton.

$1,329/mo ↓ 21%
Median Rent
$1,674/mo ↑ 26%
$80,269/yr ↓ 19%
Median Income
$99,115/yr ↑ 23%
$345,600 ↓ 2%
Home Value
$353,600 ↑ 2%
$1,513/mo ↓ 10%
Owner Costs
$1,689/mo ↑ 12%
426,845
Population
132,741

Tax Comparison

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

Affordability

19.9%
rent-to-income
Affordability
20.3%
rent-to-income

Detailed Comparison

When comparing Minneapolis, MN and Carrollton, TX, the overall cost of living indices are 102 and 116 respectively (national median = 100). Rent is $345/month cheaper in Minneapolis, saving renters about $4,140/year.

Median household income is $18,846/year higher in Carrollton. Home values also differ significantly — the median in Minneapolis is $345,600 compared to $353,600 in Carrollton.

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

Frequently Asked Questions

Minneapolis vs Carrollton — common questions

Is Minneapolis or Carrollton cheaper to live in?
Based on our cost index, Minneapolis is cheaper to live in with an index of 102 compared to 116 (US average = 100).
What is the rent difference between Minneapolis and Carrollton?
Median rent in Minneapolis is $1,329/month and in Carrollton it's $1,674/month — a difference of $345/month.
Which city has higher income, Minneapolis or Carrollton?
Median household income is $80,269 in Minneapolis and $99,115 in Carrollton. Median household income is $18,846/year higher in Carrollton.
How do taxes compare between Minnesota and Texas?
Minnesota has 9.85% income tax, 6.875% sales tax, and 1.11% property tax. Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax.
Should I move to Minneapolis or Carrollton?
It depends on your priorities. Minneapolis has a cost index of 102 with median rent of $1,329/mo, while Carrollton has a cost index of 116 with rent of $1,674/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Minneapolis details → View Carrollton details →

More Comparisons

Other cost of living comparisons for Minneapolis and Carrollton

Minneapolis vs. Oakland Minneapolis vs. Tulsa Minneapolis vs. Miami Minneapolis vs. Bakersfield Minneapolis vs. Virginia Beach Minneapolis vs. Wichita Carrollton vs. New Haven Carrollton vs. Santa Clara Carrollton vs. Sterling Heights Carrollton vs. Fargo Carrollton vs. Coral Springs Carrollton vs. Norman