Median one-bedroom rent across the cities we track is $1,235 in Florida versus $1,192 in Minnesota. Overall, Minnesota runs roughly 3% cheaper on rent than Florida, its main day-to-day cost driver.
Median household income across tracked cities is $69,142 in Florida and $80,269 in Minnesota — about 14% higher in Minnesota. Florida has no state income tax and a 6% state sales tax; Minnesota has a top state income tax rate of 9.85% and a 6.875% state sales tax.
State Taxes
Sales Tax
6%
6.875%
+0.9 pp in Minnesota
Income Tax (top rate)
None
9.85%
+9.8 pp in Minnesota
Housing (median across tracked cities)
Median 1BR Rent
$1,235
$1,192
+3% in Florida
Median Home Value
$320,700
$345,600
+8% in Minnesota
Income (median across tracked cities)
Median Household Income
$69,142
$80,269
+16% in Minnesota
Climate (median across tracked cities)
Avg Annual Temperature
71.8°F
47.4°F
+24.4°F in Florida
Florida vs Minnesota — FAQ
- Is it cheaper to live in Florida or Minnesota?
- Minnesota is cheaper on rent — its median one-bedroom of $1,192 runs about 3% below Florida's $1,235, based on the cities we track in each state.
- How much more do you need to earn to live in Florida than in Minnesota?
- To keep rent near the recommended 30% of gross income, based on median rent across tracked cities, you'd want to earn roughly $49,000 a year in Florida versus $48,000 in Minnesota.
- Which has lower taxes, Florida or Minnesota?
- Florida has no state income tax and a 6% state sales tax. Minnesota has a top state income tax rate of 9.85% and a 6.875% state sales tax.
Housing, income, and climate are medians across the 2/1 cities we track in Florida/Minnesota — not population-weighted statewide figures. Taxes are exact state-level rates. Sources: US Census Bureau, ACS 5-Year; NOAA Climate Normals 1981–2010; Tax Foundation 2026.