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

Minneapolis

Minnesota
102
VS

Frisco

Texas
162

Minneapolis is 37% cheaper than Frisco.

$1,329/mo ↓ 30%
Median Rent
$1,902/mo ↑ 43%
$80,269/yr ↓ 45%
Median Income
$146,158/yr ↑ 82%
$345,600 ↓ 42%
Home Value
$595,400 ↑ 72%
$1,513/mo ↓ 37%
Owner Costs
$2,389/mo ↑ 58%
426,845
Population
210,238

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
15.6%
rent-to-income

Detailed Comparison

When comparing Minneapolis, MN and Frisco, TX, the overall cost of living indices are 102 and 162 respectively (national median = 100). Rent is $573/month cheaper in Minneapolis, saving renters about $6,876/year.

Median household income is $65,889/year higher in Frisco. Home values also differ significantly — the median in Minneapolis is $345,600 compared to $595,400 in Frisco.

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

Frequently Asked Questions

Minneapolis vs Frisco — common questions

Is Minneapolis or Frisco cheaper to live in?
Based on our cost index, Minneapolis is cheaper to live in with an index of 102 compared to 162 (US average = 100).
What is the rent difference between Minneapolis and Frisco?
Median rent in Minneapolis is $1,329/month and in Frisco it's $1,902/month — a difference of $573/month.
Which city has higher income, Minneapolis or Frisco?
Median household income is $80,269 in Minneapolis and $146,158 in Frisco. Median household income is $65,889/year higher in Frisco.
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 Frisco?
It depends on your priorities. Minneapolis has a cost index of 102 with median rent of $1,329/mo, while Frisco has a cost index of 162 with rent of $1,902/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
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More Comparisons

Other cost of living comparisons for Minneapolis and Frisco

Minneapolis vs. Oakland Minneapolis vs. Tulsa Minneapolis vs. Miami Minneapolis vs. Bakersfield Minneapolis vs. Virginia Beach Minneapolis vs. Wichita Frisco vs. Moreno Valley Frisco vs. Rochester Frisco vs. Fontana Frisco vs. Fayetteville Frisco vs. Des Moines Frisco vs. Yonkers