Average Rent Cost in Minneapolis, MN

COL Index: 104.2 Pop: 429,606 ↑ Rising

The average rent cost cost in Minneapolis, MN is $0 per month, which is 100.0% below the national average of $1,372.

Rent Costs: Minneapolis vs. National Average

Metric Minneapolis National Average Difference Trend
Rent (Monthly) $0 $1,372 -100% ↑ Rising

Full Cost of Living Breakdown for Minneapolis

Expense Category Minneapolis (Monthly) National Average Difference
Rent $1,375 $1,372 +0.2%
Groceries $480 $475 +1.1%
Utilities $195 $185 +5.4%
Transportation $160 $225 -28.9%
Childcare $1,500 $1,450 +3.4%
Healthcare $480 $475 +1.1%
Dining Out $295 $290 +1.7%
Total Monthly $4,485

Monthly Budget Recommendation for Minneapolis

Based on current cost of living data, plan for approximately $4,485 per month to cover all major living expenses in Minneapolis, MN.

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Average Rent Cost in Minneapolis, MN

The average monthly rent cost cost in Minneapolis, MN is $0, which is 100.0% lower than the national average of $1,372 per month.

Minneapolis has a cost of living index of 104.2 (100 = national average).

Data sourced from BLS Consumer Expenditure Survey, Census Bureau American Community Survey (ACS), and HUD Fair Market Rents. Figures reflect 2026 estimates and may vary based on household size and lifestyle.