Living Cost Compare
Minnesota

3 cities tracked

$1,126median 1BR

vs
Vermont

1 cities tracked

$1,275median 1BR

Median one-bedroom rent across the cities we track is $1,126 in Minnesota versus $1,275 in Vermont. Overall, Minnesota runs roughly 12% cheaper on rent than Vermont, its main day-to-day cost driver.

Median household income across tracked cities is $80,269 in Minnesota and $68,854 in Vermont — about 14% higher in Minnesota. Minnesota has a top state income tax rate of 9.85% and a 6.875% state sales tax; Vermont has a top state income tax rate of 8.75% and a 6% state sales tax.

State Taxes

Sales Tax
6.875%
6%
+0.9 pp in Minnesota
Income Tax (top rate)
9.85%
8.75%
+1.1 pp in Minnesota

Housing (median across tracked cities)

Median 1BR Rent
$1,126
$1,275
+13% in Vermont
Median Home Value
$287,500
$400,200
+39% in Vermont

Income (median across tracked cities)

Median Household Income
$80,269
$68,854
+14% in Minnesota

Climate (median across tracked cities)

Avg Annual Temperature
47.1°F
46.0°F
+1.1°F in Minnesota

Minnesota vs Vermont — FAQ

Is it cheaper to live in Minnesota or Vermont?
Minnesota is cheaper on rent — its median one-bedroom of $1,126 runs about 12% below Vermont's $1,275, based on the cities we track in each state.
How much more do you need to earn to live in Minnesota than in Vermont?
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 $51,000 in Vermont.
Which has lower taxes, Minnesota or Vermont?
Minnesota has a top state income tax rate of 9.85% and a 6.875% state sales tax. Vermont has a top state income tax rate of 8.75% and a 6% state sales tax.

Housing, income, and climate are medians across the 3/1 cities we track in Minnesota/Vermont — 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.