Cost of Living: Minneapolis, MN vs Port St. Lucie, FL (2026)

Minneapolis

Minnesota
102
VS

Port St. Lucie

Florida
113

Minneapolis is 10% cheaper than Port St. Lucie.

$1,329/mo ↓ 25%
Median Rent
$1,781/mo ↑ 34%
$80,269/yr ↑ 3%
Median Income
$78,137/yr ↓ 3%
$345,600 ↑ 5%
Home Value
$327,700 ↓ 5%
$1,513/mo ≈ Same
Owner Costs
$1,507/mo ≈ Same
426,845
Population
220,453

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
27.4%
rent-to-income

Detailed Comparison

When comparing Minneapolis, MN and Port St. Lucie, FL, the overall cost of living indices are 102 and 113 respectively (national median = 100). Rent is $452/month cheaper in Minneapolis, saving renters about $5,424/year.

Median household income is $2,132/year higher in Minneapolis. Home values also differ significantly — the median in Minneapolis is $345,600 compared to $327,700 in Port St. Lucie.

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

Frequently Asked Questions

Minneapolis vs Port St. Lucie — common questions

Is Minneapolis or Port St. Lucie cheaper to live in?
Based on our cost index, Minneapolis is cheaper to live in with an index of 102 compared to 113 (US average = 100).
What is the rent difference between Minneapolis and Port St. Lucie?
Median rent in Minneapolis is $1,329/month and in Port St. Lucie it's $1,781/month — a difference of $452/month.
Which city has higher income, Minneapolis or Port St. Lucie?
Median household income is $80,269 in Minneapolis and $78,137 in Port St. Lucie. Median household income is $2,132/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 Port St. Lucie?
It depends on your priorities. Minneapolis has a cost index of 102 with median rent of $1,329/mo, while Port St. Lucie has a cost index of 113 with rent of $1,781/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
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More Comparisons

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