Median one-bedroom rent across the cities we track is $1,126 in Minnesota versus $1,150 in New Hampshire. Overall, Minnesota runs roughly 2% cheaper on rent than New Hampshire, its main day-to-day cost driver.
Median household income across tracked cities is $80,269 in Minnesota and $77,415 in New Hampshire — about 4% higher in Minnesota. Minnesota has a top state income tax rate of 9.85% and a 6.875% state sales tax; New Hampshire has no state income tax and no state sales tax.
State Taxes
Housing (median across tracked cities)
Income (median across tracked cities)
Climate (median across tracked cities)
Minnesota vs New Hampshire — FAQ
- Is it cheaper to live in Minnesota or New Hampshire?
- Minnesota is cheaper on rent — its median one-bedroom of $1,126 runs about 2% below New Hampshire's $1,150, based on the cities we track in each state.
- How much more do you need to earn to live in Minnesota than in New Hampshire?
- To keep rent near the recommended 30% of gross income, based on median rent across tracked cities, you'd want to earn roughly $45,000 a year in Minnesota versus $46,000 in New Hampshire.
- Which has lower taxes, Minnesota or New Hampshire?
- Minnesota has a top state income tax rate of 9.85% and a 6.875% state sales tax. New Hampshire has no state income tax and no state sales tax.
Housing, income, and climate are medians across the 3/1 cities we track in Minnesota/New Hampshire — 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.