Cost of Living: Minneapolis, MN vs Westminster, CO (2026)

Minneapolis

Minnesota
102
VS

Westminster

Colorado
139

Minneapolis is 27% cheaper than Westminster.

$1,329/mo ↓ 27%
Median Rent
$1,816/mo ↑ 37%
$80,269/yr ↓ 17%
Median Income
$96,145/yr ↑ 20%
$345,600 ↓ 31%
Home Value
$497,400 ↑ 44%
$1,513/mo ↓ 18%
Owner Costs
$1,841/mo ↑ 22%
426,845
Population
115,546

Tax Comparison

9.85%
Income Tax
4.4%
6.875%
State Sales Tax
2.9%
1.11%
Property Tax
0.51%

Affordability

19.9%
rent-to-income
Affordability
22.7%
rent-to-income

Detailed Comparison

When comparing Minneapolis, MN and Westminster, CO, the overall cost of living indices are 102 and 139 respectively (national median = 100). Rent is $487/month cheaper in Minneapolis, saving renters about $5,844/year.

Median household income is $15,876/year higher in Westminster. Home values also differ significantly — the median in Minneapolis is $345,600 compared to $497,400 in Westminster.

Colorado has a lower income tax rate, making Westminster slightly more tax-friendly.

Frequently Asked Questions

Minneapolis vs Westminster — common questions

Is Minneapolis or Westminster cheaper to live in?
Based on our cost index, Minneapolis is cheaper to live in with an index of 102 compared to 139 (US average = 100).
What is the rent difference between Minneapolis and Westminster?
Median rent in Minneapolis is $1,329/month and in Westminster it's $1,816/month — a difference of $487/month.
Which city has higher income, Minneapolis or Westminster?
Median household income is $80,269 in Minneapolis and $96,145 in Westminster. Median household income is $15,876/year higher in Westminster.
How do taxes compare between Minnesota and Colorado?
Minnesota has 9.85% income tax, 6.875% sales tax, and 1.11% property tax. Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax.
Should I move to Minneapolis or Westminster?
It depends on your priorities. Minneapolis has a cost index of 102 with median rent of $1,329/mo, while Westminster has a cost index of 139 with rent of $1,816/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Minneapolis details → View Westminster details →

More Comparisons

Other cost of living comparisons for Minneapolis and Westminster

Minneapolis vs. Oakland Minneapolis vs. Tulsa Minneapolis vs. Miami Minneapolis vs. Bakersfield Minneapolis vs. Virginia Beach Minneapolis vs. Wichita Westminster vs. Antioch Westminster vs. Manchester Westminster vs. Broken Arrow Westminster vs. Richmond Westminster vs. West Jordan Westminster vs. High Point