What does commuting cost in Minneapolis? Population: 425,336. Median income: $64,044. Compare transit, driving, and biking options with real local data.
Population
425,336
Median Home Price
$320,000
Property Tax Rate
1.20%
Median Income
$64,044
Cost of Living
105/ 100
With a population of 425,336, Minneapolis offers various transportation options depending on where you live and work. The cost of living index of 105 partly reflects transportation costs including gas prices, car insurance, and public transit fares.
Transportation is typically one of the top three household expenses. In Minneapolis, commute costs should be weighed against housing savings — living farther from downtown may reduce rent but increase travel expenses. With a median household income of $64,044, keep total transportation costs under 15% of gross income.
Many residents of Minneapolis, MN rely on a mix of driving, public transit, biking, and remote work. Evaluating transit access is especially important if you want to avoid the costs of car ownership in a market where the median home price is $320,000 and every dollar counts.
Use our free calculator with Minneapolis-specific data already filled in.
Open Minneapolis CalculatorPlanning a move to Minneapolis? Cost of living index: 105/100. Median home: $320,000. Median income: $64,044. Get the full relocation breakdown.
Median home price in Minneapolis: $320,000. Property tax rate: 1.20%. Get mortgage estimates, affordability analysis, and local market insights.
Minneapolis cost of living index: 105/100 (100 = national avg). Median home $320,000, median income $64,044. See housing, groceries & more.
Median household income in Minneapolis: $64,044. Cost of living index: 105/100. See how far your salary really goes and compare local job market data.
Property tax rate in Minneapolis: 1.20%. Median home price: $320,000. Calculate your annual bill, compare to state averages, and find exemptions.
Should you rent in Minneapolis? Cost of living index: 105/100. Median income: $64,044. See how much rent you can afford and where to look.
Median home in Minneapolis: $320,000. Tax rate: 1.20%. Compare Minneapolis neighborhoods by price, schools, and lifestyle to find the right fit.