CostIndexUSA

Manchester, NH vs Minneapolis, MN Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

NH
Manchester
105.7
overall index
$2,100/mo rent
More AffordableMN
Minneapolis
104.8
overall index
$1,675/mo rent

Minneapolis is slightly cheaper than Manchester — 0.9% lower overall cost of living.

To match an $80,000 salary in Manchester, you would need $79,300 in Minneapolis. Calculate your salary ↓

Category Breakdown

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

🏠 Housing16.7%
Manchester
134.2
Minneapolis
111.8
🛒 Groceries+5.5%
Manchester
97.7
Minneapolis
103.1
🚗 Transportation+0.6%
Manchester
108.9
Minneapolis
109.6
🏥 Healthcare+0.7%
Manchester
98.5
Minneapolis
99.2
Utilities30.0%
Manchester
133.5
Minneapolis
93.5

Salary Equivalency Calculator

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

$
Equivalent salary in Minneapolis, MN
$79,300
$700 less needed in Minneapolis

Formula: salary × (104.8 ÷ 105.7) = salary × 0.9915. Based on BEA Regional Price Parities.

Housing Market

Manchester, NH

Median Home Price
$503,000
Median Monthly Rent
$2,100
Housing Index
134.2
Price-to-Rent Ratio
20.0×

Minneapolis, MN

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

Manchester has 16.7% lower housing costs compared to Minneapolis.

Income & Job Market

Manchester, NH

Median Household Income
$103,700
Per Capita Income
$59,100
Unemployment Rate
2.1%
Population
115,644
Top Industries
HealthcareFinanceTechnologyManufacturingRetail

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).

Manchester, NH
4.1×income-to-rent ratio

76% 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.