Minnesota vs New York
Side-by-side cost of living comparison.
State Taxes
Sales Tax
6.875%
4%
+2.9 pp in Minnesota
Income Tax (top rate)
9.85%
10.90%
+1.1 pp in New York
Housing (median across tracked cities)
Median 1BR Rent
$1,192
$1,705
+43% in New York
Median Home Value
$345,600
$751,700
+118% in New York
Income (median across tracked cities)
Median Household Income
$80,269
$79,713
+1% in Minnesota
Climate (median across tracked cities)
Avg Annual Temperature
47.4°F
55.0°F
+7.6°F in New York
Housing, income, and climate are medians across the 1/1 cities we track in Minnesota/New York — 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.