Los Angeles, CA vs Minneapolis, MN
Cost of living comparison · 2023 Census ACS data
Quick Summary
Housing costs separate Minneapolis and Los Angeles more than any other line item — $346,000 versus $880,000 for a typical home, a 61% spread. State income-tax burden also tilts toward Minneapolis — a top rate of 9.8% versus 13.3% — which compounds at higher incomes.
Median Home Value
$879,500
$345,600 ✓
Zillow Home Value
$941,985
$327,043
Median Gross Rent
$1,879/mo
$1,329/mo ✓
Owner Occupied %
36.3%
48.0%
Price-to-Rent Ratio
39.0x
21.7x
Median Household Income
$80,366 ✓
$80,269
Per Capita Income
$46,270
$50,605
Unemployment Rate
7.9%
5.7% ✓
Poverty Rate
16.6%
16.4%
Avg Commute (min)
34.1 min
24.3 min
Drove Alone %
61.4%
53.4%
Public Transit %
6.7%
7.5%
Work From Home %
17.3%
23.3%
State Income Tax
13.3%
9.8%
Total Sales Tax
8.7%
7.4% ✓
Property Tax Rate
0.7%
1.1%
Bachelor's Degree %
24.5%
32.7%
Median Age
36.9
33
Avg High Temp
70.4°F
—
Annual Precipitation
13.4"
33.3"
Los Angeles, CA 1 wins
- ✓Median Household Income
Minneapolis, MN 4 wins
- ✓Median Home Value
- ✓Median Gross Rent
- ✓Total Sales Tax
- ✓Unemployment Rate
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