Living Cost Compare
Minneapolis

Minnesota

$1,350/mo est.

vs
Nashville

Tennessee

$1,500/mo est.

Monthly estimate = 1BR rent + electricity + gas

A one-person monthly baseline (1BR rent plus typical utilities) runs $1,350 in Minneapolis, MN versus $1,500 in Nashville, TN. Overall, Minneapolis, MN is roughly 10% cheaper to live in day-to-day than Nashville, TN, driven mainly by rent.

Median household income is $80,269 in Minneapolis, MN and $75,197 in Nashville, TN — about 6% higher in Minneapolis, MN. Minnesota has a top state income tax rate of 9.85% and a 6.875% state sales tax; Tennessee has no state income tax and a 7% state sales tax.

Rent

Studio
$992
$1,341
+35% in Nashville, TN
1 Bedroom
$1,192
$1,336
+12% in Nashville, TN
2 Bedroom
$1,555
$1,478
+5% in Minneapolis, MN
3 Bedroom
$1,761
$1,832
+4% in Nashville, TN

Buying a Home

Median Home Value
$345,600
$383,100
+11% in Nashville, TN

Income

Median Household Income
$80,269
$75,197
+6% in Minneapolis, MN
Metro Median Wage (annual)
$59,320
$50,390
+15% in Minneapolis, MN

People & Lifestyle

Median Age
33.0 yr
34.4 yr
+1.4 yr in Nashville, TN
Homeownership
48.0%
53.0%
+5.0 pp in Nashville, TN
Bachelor's+ (25+)
54.5%
46.9%
+7.6 pp in Minneapolis, MN
Avg Commute
22.5 min
24.9 min
+2.4 min in Nashville, TN

Crime (per 100k/yr)

Violent Crime
1,167.8
1,178.6
+1% in Nashville, TN
Property Crime
5,182.6
4,557.6
+12% in Minneapolis, MN

FBI Crime Data Explorer. Offenses per 100,000 residents per year; agency reporting practices vary, so this is approximate.

Climate

Avg Annual Temperature
47.4°F
59.4°F
+12.0°F in Nashville, TN
Annual Precipitation
32.8 in
47.3 in
+14.4 in in Nashville, TN

Gas

Regular Gasoline
$4.25/gal
$4.35/gal
+2% in Nashville, TN

Area: Minnesota vs Midwest (PADD 2).

Public Transit

Base Fare (one-way)
$2.00
$2.00
about equal

Adult base one-way fare — Metro Transit vs WeGo Public Transit (2026).

Utilities

Electricity (¢/kWh)
15.1
15.1
about equal
Natural Gas ($/MCF)
$14.33
$15.54
+8% in Nashville, TN

Residential, state-level averages (EIA). MCF = 1,000 cubic feet.

Groceries

Milk (gal)
$4.14
$4.16
+1% in Nashville, TN
Bread (lb)
$1.79
$1.73
+3% in Minneapolis, MN
Eggs (doz)
$3.63
$2.19
+40% in Minneapolis, MN
Ground Beef (lb)
$6.97
$6.56
+6% in Minneapolis, MN
Chicken (lb)
$2.15
$1.90
+12% in Minneapolis, MN
Bananas (lb)
$0.63
$0.61
+3% in Minneapolis, MN

Average prices — Midwest vs South (BLS). Regional where available, otherwise U.S. average.

State Taxes

Sales Tax (MN / TN)
6.875%
7%
+0.1 pp in TN
Income Tax (top rate)
9.85%
None
+9.8 pp in MN

Minneapolis vs Nashville — FAQ

Is it cheaper to live in Minneapolis or Nashville?
Minneapolis, MN is cheaper. Its monthly baseline of $1,350 (1BR rent + utilities) runs about 10% below Nashville, TN's $1,500, mainly because of rent.
How much more do you need to earn to live in Minneapolis than in Nashville?
To keep rent near the recommended 30% of gross income, you'd want to earn roughly $48,000 a year in Minneapolis versus $53,000 in Nashville.
Which has lower taxes, Minneapolis or Nashville?
Minneapolis is taxed under Minnesota's rules (a top state income tax rate of 9.85% and a 6.875% state sales tax); Nashville under Tennessee's (no state income tax and a 7% state sales tax).

Sources: US Census Bureau, ACS 5-Year (rent, income, home value, demographics); NOAA Climate Normals 1981–2010 (climate); EIA weekly retail (gas); Tax Foundation 2026 (state taxes).