Living Cost Compare
Minneapolis

Minnesota

$1,370/mo est.

vs
New Haven

Connecticut

$1,530/mo est.

Monthly estimate = 1BR rent + electricity + gas

A one-person monthly baseline (1BR rent plus typical utilities) runs $1,370 in Minneapolis, MN versus $1,530 in New Haven, CT. Overall, Minneapolis, MN is roughly 10% cheaper to live in day-to-day than New Haven, CT, driven mainly by rent.

Median household income is $80,269 in Minneapolis, MN and $53,771 in New Haven, CT — about 33% higher in Minneapolis, MN. Minnesota has a top state income tax rate of 9.85% and a 6.875% state sales tax; Connecticut has a top state income tax rate of 6.99% and a 6.35% state sales tax.

Minneapolis, MN
New Haven, CT

Rent

Studio
$992
$1,159
+17% in New Haven, CT
1 Bedroom
$1,192
$1,275
+7% in New Haven, CT
2 Bedroom
$1,555
$1,473
+5% in Minneapolis, MN
3 Bedroom
$1,761
$1,636
+7% in Minneapolis, MN

Buying a Home

Median Home Value
$345,600
$249,000
+28% in Minneapolis, MN

Income

Median Household Income
$80,269
$53,771
+33% in Minneapolis, MN
Metro Median Wage (annual)
$59,320
$60,060
+1% in New Haven, CT

People & Lifestyle

Median Age
33.0 yr
31.9 yr
+1.1 yr in Minneapolis, MN
Homeownership
48.0%
28.4%
+19.6 pp in Minneapolis, MN
Bachelor's+ (25+)
54.5%
37.7%
+16.8 pp in Minneapolis, MN
Avg Commute
22.5 min
21.0 min
+1.5 min in Minneapolis, MN

Crime (per 100k/yr)

Violent Crime
1,168.5
536.3
+54% in Minneapolis, MN
Property Crime
5,183.1
3,601.6
+31% 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
52.2°F
+4.8°F in New Haven, CT
Annual Precipitation
32.8 in
47.1 in
+14.3 in in New Haven, CT

Gas

Regular Gasoline
$3.96/gal
$3.94/gal
+0% in Minneapolis, MN

Area: Minnesota vs East Coast (PADD 1).

Public Transit

Base Fare (one-way)
$2.00
—

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

Utilities

Electricity (¢/kWh)
17.5
24.3
+39% in New Haven, CT
Natural Gas ($/MCF)
$14.79
$23.33
+58% in New Haven, CT

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

Groceries

Milk (gal)
$4.31
$4.31
about equal
Bread (lb)
$1.66
$1.92
+16% in New Haven, CT
Eggs (doz)
$3.63
$2.19
+40% in Minneapolis, MN
Ground Beef (lb)
$6.77
$6.90
+2% in New Haven, CT
Chicken (lb)
$2.10
$2.19
+4% in New Haven, CT
Bananas (lb)
$0.62
$0.69
+12% in New Haven, CT

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

State Taxes

Sales Tax (MN / CT)
6.875%
6.35%
+0.5 pp in MN
Income Tax (top rate)
9.85%
6.99%
+2.9 pp in MN

Minneapolis vs New Haven — FAQ

Is it cheaper to live in Minneapolis or New Haven?
Minneapolis, MN is cheaper. Its monthly baseline of $1,370 (1BR rent + utilities) runs about 10% below New Haven, CT's $1,530, mainly because of rent.
How much more do you need to earn to live in Minneapolis than in New Haven?
To keep rent near the recommended 30% of gross income, you'd want to earn roughly $48,000 a year in Minneapolis versus $51,000 in New Haven.
Which has lower taxes, Minneapolis or New Haven?
Minneapolis is taxed under Minnesota's rules (a top state income tax rate of 9.85% and a 6.875% state sales tax); New Haven under Connecticut's (a top state income tax rate of 6.99% and a 6.35% 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).