Cost of Living: Minneapolis, MN vs Hialeah, FL (2026)

Minneapolis

Minnesota
102
VS

Hialeah

Florida
109

Minneapolis is 6% cheaper than Hialeah.

$1,329/mo ↓ 15%
Median Rent
$1,558/mo ↑ 17%
$80,269/yr ↑ 51%
Median Income
$53,079/yr ↓ 34%
$345,600 ↓ 4%
Home Value
$359,200 ↑ 4%
$1,513/mo ↑ 4%
Owner Costs
$1,448/mo ↓ 4%
426,845
Population
221,901

Tax Comparison

9.85%
Income Tax
0%
6.875%
State Sales Tax
6.0%
1.11%
Property Tax
0.86%

Affordability

19.9%
rent-to-income
Affordability
35.2%
rent-to-income

Detailed Comparison

When comparing Minneapolis, MN and Hialeah, FL, the overall cost of living indices are 102 and 109 respectively (national median = 100). Rent is $229/month cheaper in Minneapolis, saving renters about $2,748/year.

Median household income is $27,190/year higher in Minneapolis. Home values also differ significantly — the median in Minneapolis is $345,600 compared to $359,200 in Hialeah.

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

Frequently Asked Questions

Minneapolis vs Hialeah — common questions

Is Minneapolis or Hialeah cheaper to live in?
Based on our cost index, Minneapolis is cheaper to live in with an index of 102 compared to 109 (US average = 100).
What is the rent difference between Minneapolis and Hialeah?
Median rent in Minneapolis is $1,329/month and in Hialeah it's $1,558/month — a difference of $229/month.
Which city has higher income, Minneapolis or Hialeah?
Median household income is $80,269 in Minneapolis and $53,079 in Hialeah. Median household income is $27,190/year higher in Minneapolis.
How do taxes compare between Minnesota and Florida?
Minnesota has 9.85% income tax, 6.875% sales tax, and 1.11% property tax. Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax.
Should I move to Minneapolis or Hialeah?
It depends on your priorities. Minneapolis has a cost index of 102 with median rent of $1,329/mo, while Hialeah has a cost index of 109 with rent of $1,558/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
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