Side-by-side cost of living comparison for 2026
Median Income: $64,231
Population: 429,954
Median Income: $56,831
Population: 1,343,573
When comparing Minneapolis and Dallas, the overall cost of living differs by 12.7%. Minneapolis carries a cost index of 110 compared to Dallas's 96, meaning your dollar stretches 13% further in Dallas.
Housing is where the most significant gap appears between these two cities. Dallas has a housing index of 95 compared to Minneapolis's 118. This 23-point difference translates to substantial monthly savings on rent or mortgage payments in Dallas.
Minneapolis is more affordable for: Utilities.
Dallas is more affordable for: Housing, Food & Groceries, Transportation, Healthcare, Entertainment, Taxes.
If you earn $60,000 in Minneapolis, you would need $52,364 in Dallas to maintain the same standard of living. For a $100,000 salary, the equivalent would be $87,273.
The median household income in Minneapolis is $64,231 compared to $56,831 in Dallas. While Minneapolis has higher incomes, the higher cost of living may offset this advantage.
Safety: Minneapolis scores 5/10 while Dallas scores 5/10 in our safety assessment.
Weather: Dallas enjoys better weather with a score of 6/10 versus Minneapolis's 2/10.
Job Market: Both cities have comparable job markets at 8/10.
Dallas is the more affordable option overall, but cost is just one factor in deciding where to live. Consider your career opportunities, family needs, and lifestyle preferences alongside the financial comparison. Minneapolis may justify its higher costs with a thriving job market that many residents find worthwhile.