CostIndexUSA

Minneapolis, MN vs Orlando, FL Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

MN
Minneapolis
104.8
overall index
$1,675/mo rent
More AffordableFL
Orlando
101.4
overall index
$1,925/mo rent

Orlando is slightly cheaper than Minneapolis — 3.2% lower overall cost of living.

To match an $80,000 salary in Minneapolis, you would need $77,400 in Orlando. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+10.4%
Minneapolis
111.8
Orlando
123.4
🛒 Groceries6.7%
Minneapolis
103.1
Orlando
96.2
🚗 Transportation5.3%
Minneapolis
109.6
Orlando
103.8
🏥 Healthcare5.3%
Minneapolis
99.2
Orlando
93.9
Utilities6.7%
Minneapolis
93.5
Orlando
87.2

Salary Equivalency Calculator

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

$
Equivalent salary in Orlando, FL
$77,400
$2,600 less needed in Orlando

Formula: salary × (101.4 ÷ 104.8) = salary × 0.9676. Based on BEA Regional Price Parities.

Housing Market

Minneapolis, MN

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

Orlando, FL

Median Home Price
$381,000
Median Monthly Rent
$1,925
Housing Index
123.4
Price-to-Rent Ratio
16.5×

Orlando has 10.4% higher housing costs compared to Minneapolis.

Income & Job Market

Minneapolis, MN

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

Orlando, FL

Median Household Income
$77,400
Per Capita Income
$44,100
Unemployment Rate
4.3%
Population
307,573
Top Industries
TourismHealthcareTechnologyRetailEducation

Affordability at a Glance

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

Minneapolis, MN
4.7×income-to-rent ratio

79% of income left after rent (median)

Orlando, FL
3.4×income-to-rent ratio

70% 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.