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

Minneapolis

Minnesota
102
VS

Orlando

Florida
115

Minneapolis is 11% cheaper than Orlando.

$1,329/mo ↓ 19%
Median Rent
$1,650/mo ↑ 24%
$80,269/yr ↑ 16%
Median Income
$69,268/yr ↓ 14%
$345,600 ↓ 4%
Home Value
$359,000 ↑ 4%
$1,513/mo ↓ 7%
Owner Costs
$1,621/mo ↑ 7%
426,845
Population
311,732

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
28.6%
rent-to-income

Detailed Comparison

When comparing Minneapolis, MN and Orlando, FL, the overall cost of living indices are 102 and 115 respectively (national median = 100). Rent is $321/month cheaper in Minneapolis, saving renters about $3,852/year.

Median household income is $11,001/year higher in Minneapolis. Home values also differ significantly — the median in Minneapolis is $345,600 compared to $359,000 in Orlando.

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

Frequently Asked Questions

Minneapolis vs Orlando — common questions

Is Minneapolis or Orlando cheaper to live in?
Based on our cost index, Minneapolis is cheaper to live in with an index of 102 compared to 115 (US average = 100).
What is the rent difference between Minneapolis and Orlando?
Median rent in Minneapolis is $1,329/month and in Orlando it's $1,650/month — a difference of $321/month.
Which city has higher income, Minneapolis or Orlando?
Median household income is $80,269 in Minneapolis and $69,268 in Orlando. Median household income is $11,001/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 Orlando?
It depends on your priorities. Minneapolis has a cost index of 102 with median rent of $1,329/mo, while Orlando has a cost index of 115 with rent of $1,650/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
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