Cost of Living: Minneapolis, MN vs Everett, WA (2026)

Minneapolis

Minnesota
102
VS

Everett

Washington
137

Minneapolis is 26% cheaper than Everett.

$1,329/mo ↓ 21%
Median Rent
$1,675/mo ↑ 26%
$80,269/yr ↓ 2%
Median Income
$81,502/yr ↑ 2%
$345,600 ↓ 35%
Home Value
$532,300 ↑ 54%
$1,513/mo ↓ 13%
Owner Costs
$1,738/mo ↑ 15%
426,845
Population
111,083

Tax Comparison

9.85%
Income Tax
0%
6.875%
State Sales Tax
6.5%
1.11%
Property Tax
0.92%

Affordability

19.9%
rent-to-income
Affordability
24.7%
rent-to-income

Detailed Comparison

When comparing Minneapolis, MN and Everett, WA, the overall cost of living indices are 102 and 137 respectively (national median = 100). Rent is $346/month cheaper in Minneapolis, saving renters about $4,152/year.

Median household income is $1,233/year higher in Everett. Home values also differ significantly — the median in Minneapolis is $345,600 compared to $532,300 in Everett.

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

Frequently Asked Questions

Minneapolis vs Everett — common questions

Is Minneapolis or Everett cheaper to live in?
Based on our cost index, Minneapolis is cheaper to live in with an index of 102 compared to 137 (US average = 100).
What is the rent difference between Minneapolis and Everett?
Median rent in Minneapolis is $1,329/month and in Everett it's $1,675/month — a difference of $346/month.
Which city has higher income, Minneapolis or Everett?
Median household income is $80,269 in Minneapolis and $81,502 in Everett. Median household income is $1,233/year higher in Everett.
How do taxes compare between Minnesota and Washington?
Minnesota has 9.85% income tax, 6.875% sales tax, and 1.11% property tax. Washington has 0% income tax, 6.5% sales tax, and 0.92% property tax.
Should I move to Minneapolis or Everett?
It depends on your priorities. Minneapolis has a cost index of 102 with median rent of $1,329/mo, while Everett has a cost index of 137 with rent of $1,675/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
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