CostIndexUSA

Minneapolis, MN vs Stockton, CA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

≈ Equal CostMN
Minneapolis
104.8
overall index
$1,675/mo rent
CA
Stockton
105.1
overall index
$2,325/mo rent

Minneapolis and Stockton have nearly identical costs of living.

Category Breakdown

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

🏠 Housing+3.4%
Minneapolis
111.8
Stockton
115.6
🛒 Groceries+2.0%
Minneapolis
103.1
Stockton
105.2
🚗 Transportation3.9%
Minneapolis
109.6
Stockton
105.3
🏥 Healthcare3.9%
Minneapolis
99.2
Stockton
95.3
Utilities+69.2%
Minneapolis
93.5
Stockton
158.2

Salary Equivalency Calculator

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

$
Equivalent salary in Stockton, CA
$80,200
$200 more needed in Stockton

Formula: salary × (105.1 ÷ 104.8) = salary × 1.0029. 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×

Stockton, CA

Median Home Price
$522,000
Median Monthly Rent
$2,325
Housing Index
115.6
Price-to-Rent Ratio
18.7×

Stockton has 3.4% 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

Stockton, CA

Median Household Income
$87,400
Per Capita Income
$49,800
Unemployment Rate
6.6%
Population
320,804
Top Industries
AgricultureHealthcareLogisticsManufacturingEducation

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)

Stockton, CA
3.1×income-to-rent ratio

68% 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.