CostIndexUSA

Hattiesburg, MS vs Minneapolis, MN Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableMS
Hattiesburg
87.6
overall index
$1,275/mo rent
MN
Minneapolis
104.8
overall index
$1,675/mo rent

Hattiesburg is significantly cheaper than Minneapolis — 19.6% lower overall cost of living.

To match an $80,000 salary in Hattiesburg, you would need $95,700 in Minneapolis. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+86.0%
Hattiesburg
60.1
Minneapolis
111.8
🛒 Groceries+7.2%
Hattiesburg
96.2
Minneapolis
103.1
🚗 Transportation+8.6%
Hattiesburg
100.9
Minneapolis
109.6
🏥 Healthcare+8.7%
Hattiesburg
91.3
Minneapolis
99.2
Utilities+21.6%
Hattiesburg
76.9
Minneapolis
93.5

Salary Equivalency Calculator

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

$
Equivalent salary in Minneapolis, MN
$95,700
$15,700 more needed in Minneapolis

Formula: salary × (104.8 ÷ 87.6) = salary × 1.1963. Based on BEA Regional Price Parities.

Housing Market

Hattiesburg, MS

Median Home Price
$208,000
Median Monthly Rent
$1,275
Housing Index
60.1
Price-to-Rent Ratio
13.6×

Minneapolis, MN

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

Minneapolis has 86.0% higher housing costs compared to Hattiesburg.

Income & Job Market

Hattiesburg, MS

Median Household Income
$55,300
Per Capita Income
$31,500
Unemployment Rate
2.8%
Population
46,765
Top Industries
EducationHealthcareMilitaryManufacturingRetail

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).

Hattiesburg, MS
3.6×income-to-rent ratio

72% 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.