Cost of Living: Minneapolis, MN vs High Point, NC (2026)

Minneapolis

Minnesota
102
VS

High Point

North Carolina
73

Minneapolis is 40% more expensive than High Point.

$1,329/mo ↑ 25%
Median Rent
$1,062/mo ↓ 20%
$80,269/yr ↑ 31%
Median Income
$61,228/yr ↓ 24%
$345,600 ↑ 63%
Home Value
$212,400 ↓ 39%
$1,513/mo ↑ 40%
Owner Costs
$1,084/mo ↓ 28%
426,845
Population
115,263

Tax Comparison

9.85%
Income Tax
4.5%
6.875%
State Sales Tax
4.75%
1.11%
Property Tax
0.8%

Affordability

19.9%
rent-to-income
Affordability
20.8%
rent-to-income

Detailed Comparison

When comparing Minneapolis, MN and High Point, NC, the overall cost of living indices are 102 and 73 respectively (national median = 100). Rent is $267/month cheaper in High Point, saving renters about $3,204/year.

Median household income is $19,041/year higher in Minneapolis. Home values also differ significantly — the median in Minneapolis is $345,600 compared to $212,400 in High Point.

North Carolina has a lower income tax rate, making High Point slightly more tax-friendly.

Frequently Asked Questions

Minneapolis vs High Point — common questions

Is Minneapolis or High Point cheaper to live in?
Based on our cost index, High Point is cheaper to live in with an index of 73 compared to 102 (US average = 100).
What is the rent difference between Minneapolis and High Point?
Median rent in Minneapolis is $1,329/month and in High Point it's $1,062/month — a difference of $267/month.
Which city has higher income, Minneapolis or High Point?
Median household income is $80,269 in Minneapolis and $61,228 in High Point. Median household income is $19,041/year higher in Minneapolis.
How do taxes compare between Minnesota and North Carolina?
Minnesota has 9.85% income tax, 6.875% sales tax, and 1.11% property tax. North Carolina has 4.5% income tax, 4.75% sales tax, and 0.8% property tax.
Should I move to Minneapolis or High Point?
It depends on your priorities. Minneapolis has a cost index of 102 with median rent of $1,329/mo, while High Point has a cost index of 73 with rent of $1,062/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Minneapolis details → View High Point details →

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