Cost of Living: Minneapolis, MN vs Little Rock, AR (2026)

Minneapolis

Minnesota
102
VS

Little Rock

Arkansas
74

Minneapolis is 38% more expensive than Little Rock.

$1,329/mo ↑ 25%
Median Rent
$1,067/mo ↓ 20%
$80,269/yr ↑ 32%
Median Income
$60,583/yr ↓ 25%
$345,600 ↑ 56%
Home Value
$221,200 ↓ 36%
$1,513/mo ↑ 38%
Owner Costs
$1,099/mo ↓ 27%
426,845
Population
202,739

Tax Comparison

9.85%
Income Tax
4.4%
6.875%
State Sales Tax
6.5%
1.11%
Property Tax
0.62%

Affordability

19.9%
rent-to-income
Affordability
21.1%
rent-to-income

Detailed Comparison

When comparing Minneapolis, MN and Little Rock, AR, the overall cost of living indices are 102 and 74 respectively (national median = 100). Rent is $262/month cheaper in Little Rock, saving renters about $3,144/year.

Median household income is $19,686/year higher in Minneapolis. Home values also differ significantly — the median in Minneapolis is $345,600 compared to $221,200 in Little Rock.

Arkansas has a lower income tax rate, making Little Rock slightly more tax-friendly.

Frequently Asked Questions

Minneapolis vs Little Rock — common questions

Is Minneapolis or Little Rock cheaper to live in?
Based on our cost index, Little Rock is cheaper to live in with an index of 74 compared to 102 (US average = 100).
What is the rent difference between Minneapolis and Little Rock?
Median rent in Minneapolis is $1,329/month and in Little Rock it's $1,067/month — a difference of $262/month.
Which city has higher income, Minneapolis or Little Rock?
Median household income is $80,269 in Minneapolis and $60,583 in Little Rock. Median household income is $19,686/year higher in Minneapolis.
How do taxes compare between Minnesota and Arkansas?
Minnesota has 9.85% income tax, 6.875% sales tax, and 1.11% property tax. Arkansas has 4.4% income tax, 6.5% sales tax, and 0.62% property tax.
Should I move to Minneapolis or Little Rock?
It depends on your priorities. Minneapolis has a cost index of 102 with median rent of $1,329/mo, while Little Rock has a cost index of 74 with rent of $1,067/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Minneapolis details → View Little Rock details →

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