Cost of Living: Minneapolis, MN vs Meridian, ID (2026)

Minneapolis

Minnesota
102
VS

Meridian

Idaho
131

Minneapolis is 22% cheaper than Meridian.

$1,329/mo ↓ 22%
Median Rent
$1,714/mo ↑ 29%
$80,269/yr ↓ 19%
Median Income
$98,686/yr ↑ 23%
$345,600 ↓ 29%
Home Value
$485,000 ↑ 40%
$1,513/mo ↓ 6%
Owner Costs
$1,607/mo ↑ 6%
426,845
Population
124,865

Tax Comparison

9.85%
Income Tax
5.8%
6.875%
State Sales Tax
6.0%
1.11%
Property Tax
0.63%

Affordability

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

Detailed Comparison

When comparing Minneapolis, MN and Meridian, ID, the overall cost of living indices are 102 and 131 respectively (national median = 100). Rent is $385/month cheaper in Minneapolis, saving renters about $4,620/year.

Median household income is $18,417/year higher in Meridian. Home values also differ significantly — the median in Minneapolis is $345,600 compared to $485,000 in Meridian.

Idaho has a lower income tax rate, making Meridian slightly more tax-friendly.

Frequently Asked Questions

Minneapolis vs Meridian — common questions

Is Minneapolis or Meridian cheaper to live in?
Based on our cost index, Minneapolis is cheaper to live in with an index of 102 compared to 131 (US average = 100).
What is the rent difference between Minneapolis and Meridian?
Median rent in Minneapolis is $1,329/month and in Meridian it's $1,714/month — a difference of $385/month.
Which city has higher income, Minneapolis or Meridian?
Median household income is $80,269 in Minneapolis and $98,686 in Meridian. Median household income is $18,417/year higher in Meridian.
How do taxes compare between Minnesota and Idaho?
Minnesota has 9.85% income tax, 6.875% sales tax, and 1.11% property tax. Idaho has 5.8% income tax, 6.0% sales tax, and 0.63% property tax.
Should I move to Minneapolis or Meridian?
It depends on your priorities. Minneapolis has a cost index of 102 with median rent of $1,329/mo, while Meridian has a cost index of 131 with rent of $1,714/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Minneapolis details → View Meridian details →

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Other cost of living comparisons for Minneapolis and Meridian

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