Cost of Living: Minneapolis, MN vs Enterprise, NV (2026)

Minneapolis

Minnesota
102
VS

Enterprise

Nevada
133

Minneapolis is 23% cheaper than Enterprise.

$1,329/mo ↓ 27%
Median Rent
$1,823/mo ↑ 37%
$80,269/yr ↓ 15%
Median Income
$93,980/yr ↑ 17%
$345,600 ↓ 23%
Home Value
$449,300 ↑ 30%
$1,513/mo ↓ 17%
Owner Costs
$1,823/mo ↑ 20%
426,845
Population
232,043

Tax Comparison

9.85%
Income Tax
0%
6.875%
State Sales Tax
6.85%
1.11%
Property Tax
0.53%

Affordability

19.9%
rent-to-income
Affordability
23.3%
rent-to-income

Detailed Comparison

When comparing Minneapolis, MN and Enterprise, NV, the overall cost of living indices are 102 and 133 respectively (national median = 100). Rent is $494/month cheaper in Minneapolis, saving renters about $5,928/year.

Median household income is $13,711/year higher in Enterprise. Home values also differ significantly — the median in Minneapolis is $345,600 compared to $449,300 in Enterprise.

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

Frequently Asked Questions

Minneapolis vs Enterprise — common questions

Is Minneapolis or Enterprise cheaper to live in?
Based on our cost index, Minneapolis is cheaper to live in with an index of 102 compared to 133 (US average = 100).
What is the rent difference between Minneapolis and Enterprise?
Median rent in Minneapolis is $1,329/month and in Enterprise it's $1,823/month — a difference of $494/month.
Which city has higher income, Minneapolis or Enterprise?
Median household income is $80,269 in Minneapolis and $93,980 in Enterprise. Median household income is $13,711/year higher in Enterprise.
How do taxes compare between Minnesota and Nevada?
Minnesota has 9.85% income tax, 6.875% sales tax, and 1.11% property tax. Nevada has 0% income tax, 6.85% sales tax, and 0.53% property tax.
Should I move to Minneapolis or Enterprise?
It depends on your priorities. Minneapolis has a cost index of 102 with median rent of $1,329/mo, while Enterprise has a cost index of 133 with rent of $1,823/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Minneapolis details → View Enterprise details →

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