CostIndexUSA

Killeen, TX vs Minneapolis, MN Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableTX
Killeen
91.1
overall index
$1,325/mo rent
MN
Minneapolis
104.8
overall index
$1,675/mo rent

Killeen is significantly cheaper than Minneapolis — 15.0% lower overall cost of living.

To match an $80,000 salary in Killeen, you would need $92,000 in Minneapolis. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+43.5%
Killeen
77.9
Minneapolis
111.8
🛒 Groceries+9.9%
Killeen
93.8
Minneapolis
103.1
🚗 Transportation+8.4%
Killeen
101.1
Minneapolis
109.6
🏥 Healthcare+8.5%
Killeen
91.4
Minneapolis
99.2
Utilities+15.1%
Killeen
81.2
Minneapolis
93.5

Salary Equivalency Calculator

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

$
Equivalent salary in Minneapolis, MN
$92,000
$12,000 more needed in Minneapolis

Formula: salary × (104.8 ÷ 91.1) = salary × 1.1504. Based on BEA Regional Price Parities.

Housing Market

Killeen, TX

Median Home Price
$247,000
Median Monthly Rent
$1,325
Housing Index
77.9
Price-to-Rent Ratio
15.5×

Minneapolis, MN

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

Minneapolis has 43.5% higher housing costs compared to Killeen.

Income & Job Market

Killeen, TX

Median Household Income
$71,000
Per Capita Income
$40,500
Unemployment Rate
5.2%
Population
154,823
Top Industries
MilitaryHealthcareRetailGovernmentManufacturing

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).

Killeen, TX
4.5×income-to-rent ratio

78% 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.