CostIndexUSA

Fort Collins, CO vs Minneapolis, MN Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableCO
Fort Collins
101.1
overall index
$1,875/mo rent
MN
Minneapolis
104.8
overall index
$1,675/mo rent

Fort Collins is slightly cheaper than Minneapolis — 3.7% lower overall cost of living.

To match an $80,000 salary in Fort Collins, you would need $82,900 in Minneapolis. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing7.3%
Fort Collins
120.6
Minneapolis
111.8
🛒 Groceries+7.3%
Fort Collins
96.1
Minneapolis
103.1
🚗 Transportation+4.6%
Fort Collins
104.8
Minneapolis
109.6
🏥 Healthcare+4.6%
Fort Collins
94.8
Minneapolis
99.2
Utilities+13.7%
Fort Collins
82.2
Minneapolis
93.5

Salary Equivalency Calculator

Enter your current salary in Fort Collins to see what you'd need to earn in Minneapolis to maintain the same purchasing power.

$
Equivalent salary in Minneapolis, MN
$82,900
$2,900 more needed in Minneapolis

Formula: salary × (104.8 ÷ 101.1) = salary × 1.0366. Based on BEA Regional Price Parities.

Housing Market

Fort Collins, CO

Median Home Price
$540,000
Median Monthly Rent
$1,875
Housing Index
120.6
Price-to-Rent Ratio
24.0×

Minneapolis, MN

Median Home Price
$374,000
Median Monthly Rent
$1,675
Housing Index
111.8
Price-to-Rent Ratio
18.6×

Fort Collins has 7.3% lower housing costs compared to Minneapolis.

Income & Job Market

Fort Collins, CO

Median Household Income
$88,200
Per Capita Income
$50,300
Unemployment Rate
4.5%
Population
164,672
Top Industries
TechnologyEducationHealthcareAgricultureManufacturing

Minneapolis, MN

Median Household Income
$95,100
Per Capita Income
$54,200
Unemployment Rate
2.9%
Population
429,606
Top Industries
FinanceHealthcareRetailManufacturingTechnology

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Fort Collins, CO
3.9×income-to-rent ratio

74% of income left after rent (median)

Minneapolis, MN
4.7×income-to-rent ratio

79% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.