CostIndexUSA

Minneapolis, MN vs St. George, UT Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

MN
Minneapolis
104.8
overall index
$1,675/mo rent
More AffordableUT
St. George
97.3
overall index
$1,900/mo rent

St. George is moderately cheaper than Minneapolis — 7.2% lower overall cost of living.

To match an $80,000 salary in Minneapolis, you would need $74,300 in St. George. Calculate your salary ↓

Category Breakdown

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

🏠 Housing12.3%
Minneapolis
111.8
St. George
98.1
🛒 Groceries6.5%
Minneapolis
103.1
St. George
96.4
🚗 Transportation5.2%
Minneapolis
109.6
St. George
103.9
🏥 Healthcare5.2%
Minneapolis
99.2
St. George
94
Utilities16.9%
Minneapolis
93.5
St. George
77.7

Salary Equivalency Calculator

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

$
Equivalent salary in St. George, UT
$74,300
$5,700 less needed in St. George

Formula: salary × (97.3 ÷ 104.8) = salary × 0.9284. 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×

St. George, UT

Median Home Price
$520,000
Median Monthly Rent
$1,900
Housing Index
98.1
Price-to-Rent Ratio
22.8×

Minneapolis has 12.3% lower housing costs compared to St. George.

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

St. George, UT

Median Household Income
$77,500
Per Capita Income
$44,200
Unemployment Rate
4.2%
Population
89,587
Top Industries
HealthcareTourismReal EstateRetailConstruction

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)

St. George, UT
3.4×income-to-rent ratio

71% 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.