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

Minneapolis

Minnesota
102
VS

Denton

Texas
100

Minneapolis and Denton have a similar cost of living.

$1,329/mo ↓ 1%
Median Rent
$1,344/mo ↑ 1%
$80,269/yr ↑ 9%
Median Income
$73,719/yr ↓ 8%
$345,600 ↑ 6%
Home Value
$325,700 ↓ 6%
$1,513/mo ↑ 4%
Owner Costs
$1,461/mo ↓ 3%
426,845
Population
146,987

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
21.9%
rent-to-income

Detailed Comparison

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

Median household income is $6,550/year higher in Minneapolis. Home values also differ significantly — the median in Minneapolis is $345,600 compared to $325,700 in Denton.

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

Frequently Asked Questions

Minneapolis vs Denton — common questions

Is Minneapolis or Denton cheaper to live in?
Based on our cost index, Denton is cheaper to live in with an index of 100 compared to 102 (US average = 100).
What is the rent difference between Minneapolis and Denton?
Median rent in Minneapolis is $1,329/month and in Denton it's $1,344/month — a difference of $15/month.
Which city has higher income, Minneapolis or Denton?
Median household income is $80,269 in Minneapolis and $73,719 in Denton. Median household income is $6,550/year higher in Minneapolis.
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 Denton?
It depends on your priorities. Minneapolis has a cost index of 102 with median rent of $1,329/mo, while Denton has a cost index of 100 with rent of $1,344/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
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More Comparisons

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