Median one-bedroom rent across the cities we track is $1,192 in Minnesota versus $1,181 in Nevada. Overall, Nevada runs roughly 1% cheaper on rent than Minnesota, its main day-to-day cost driver.
Median household income across tracked cities is $80,269 in Minnesota and $70,723 in Nevada — about 12% higher in Minnesota. Minnesota has a top state income tax rate of 9.85% and a 6.875% state sales tax; Nevada has no state income tax and a 6.85% state sales tax.
State Taxes
Sales Tax
6.875%
6.85%
+0.0 pp in Minnesota
Income Tax (top rate)
9.85%
None
+9.8 pp in Minnesota
Housing (median across tracked cities)
Median 1BR Rent
$1,192
$1,181
+1% in Minnesota
Median Home Value
$345,600
$395,300
+14% in Nevada
Income (median across tracked cities)
Median Household Income
$80,269
$70,723
+12% in Minnesota
Climate (median across tracked cities)
Avg Annual Temperature
47.4°F
68.4°F
+21.0°F in Nevada
Minnesota vs Nevada — FAQ
- Is it cheaper to live in Minnesota or Nevada?
- Nevada is cheaper on rent — its median one-bedroom of $1,181 runs about 1% below Minnesota's $1,192, based on the cities we track in each state.
- How much more do you need to earn to live in Minnesota than in Nevada?
- To keep rent near the recommended 30% of gross income, based on median rent across tracked cities, you'd want to earn roughly $48,000 a year in Minnesota versus $47,000 in Nevada.
- Which has lower taxes, Minnesota or Nevada?
- Minnesota has a top state income tax rate of 9.85% and a 6.875% state sales tax. Nevada has no state income tax and a 6.85% state sales tax.
Housing, income, and climate are medians across the 1/1 cities we track in Minnesota/Nevada — 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.