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

Minneapolis

Minnesota
102
VS

Miramar

Florida
135

Minneapolis is 24% cheaper than Miramar.

$1,329/mo ↓ 32%
Median Rent
$1,954/mo ↑ 47%
$80,269/yr ↓ 7%
Median Income
$86,109/yr ↑ 7%
$345,600 ↓ 18%
Home Value
$420,300 ↑ 22%
$1,513/mo ↓ 19%
Owner Costs
$1,863/mo ↑ 23%
426,845
Population
135,986

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
27.2%
rent-to-income

Detailed Comparison

When comparing Minneapolis, MN and Miramar, FL, the overall cost of living indices are 102 and 135 respectively (national median = 100). Rent is $625/month cheaper in Minneapolis, saving renters about $7,500/year.

Median household income is $5,840/year higher in Miramar. Home values also differ significantly — the median in Minneapolis is $345,600 compared to $420,300 in Miramar.

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

Frequently Asked Questions

Minneapolis vs Miramar — common questions

Is Minneapolis or Miramar cheaper to live in?
Based on our cost index, Minneapolis is cheaper to live in with an index of 102 compared to 135 (US average = 100).
What is the rent difference between Minneapolis and Miramar?
Median rent in Minneapolis is $1,329/month and in Miramar it's $1,954/month — a difference of $625/month.
Which city has higher income, Minneapolis or Miramar?
Median household income is $80,269 in Minneapolis and $86,109 in Miramar. Median household income is $5,840/year higher in Miramar.
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 Miramar?
It depends on your priorities. Minneapolis has a cost index of 102 with median rent of $1,329/mo, while Miramar has a cost index of 135 with rent of $1,954/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
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