ReloMath

Minneapolis, MN vs Philadelphia, PA: Cost of Living

Compare the cost of living between Minneapolis, MN and Philadelphia, PA. See the equivalent salary and median rent powered by BLS Regional Price Parities.

Source-verified · June 2026BEA Regional Price Parities by MSA, 2022 (Table 4); HUD FY2024 Fair Market Rents (2-BR) Official source ↗
Source-verified · June 2026BEA Regional Price Parities by MSA, 2022 (Table 4); HUD FY2024 Fair Market Rents (2-BR) Official source ↗

Minneapolis, MN

MN

Overall RPP (US=100)
102.9
Housing RPP
119.2
Goods RPP
102.7
2-BR median rent
$1,622/mo

Minnesota income tax 5.35%-9.85%. No city income tax.

Philadelphia, PA

PA

Overall RPP (US=100)
100.7
Housing RPP
115.8
Goods RPP
95.5
2-BR median rent
$1,737/mo

Pennsylvania flat income tax 3.07%. Philadelphia city wage tax 3.75% residents.

Equivalent salary

Philadelphia, PA is cheaper than Minneapolis, MN by about 2.1% (RPP 102.9 to 100.7).

$60,000 in Minneapolis, MN

-> $58,717

in Philadelphia, PA

$100,000 in Minneapolis, MN

-> $97,862

in Philadelphia, PA

$150,000 in Minneapolis, MN

-> $146,793

in Philadelphia, PA

This tool provides estimates only. Equivalent-salary figures are derived from BLS Regional Price Parities (RPP) and HUD Fair Market Rents — they are averages, not guarantees. Actual cost of living varies by neighborhood, lifestyle, and individual circumstances. Not financial advice.

Frequently asked questions

Is Philadelphia, PA cheaper or more expensive than Minneapolis, MN?
Philadelphia, PA (RPP 100.7) is cheaper than Minneapolis, MN (RPP 102.9) by about 2.1%.
What salary do I need in Philadelphia, PA if I earn $100,000 in Minneapolis, MN?
You would need approximately $97,862 in Philadelphia, PA to maintain the same purchasing power as $100,000 in Minneapolis, MN. Formula: $100,000 x (100.7 / 102.9).