Portland, OR vs Minneapolis, MN: Cost of Living
Compare the cost of living between Portland, OR and Minneapolis, MN. See the equivalent salary and median rent powered by BLS Regional Price Parities.
Portland, OR
OR
- Overall RPP (US=100)
- 108.8
- Housing RPP
- 128.5
- Goods RPP
- 109.1
- 2-BR median rent
- $2,024/mo
Oregon income tax 4.75%-9.9%. No state sales tax.
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.
Equivalent salary
Minneapolis, MN is cheaper than Portland, OR by about 5.4% (RPP 108.8 to 102.9).
$60,000 in Portland, OR
-> $56,746
in Minneapolis, MN
$100,000 in Portland, OR
-> $94,577
in Minneapolis, MN
$150,000 in Portland, OR
-> $141,866
in Minneapolis, MN
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 Minneapolis, MN cheaper or more expensive than Portland, OR?
- Minneapolis, MN (RPP 102.9) is cheaper than Portland, OR (RPP 108.8) by about 5.4%.
- What salary do I need in Minneapolis, MN if I earn $100,000 in Portland, OR?
- You would need approximately $94,577 in Minneapolis, MN to maintain the same purchasing power as $100,000 in Portland, OR. Formula: $100,000 x (102.9 / 108.8).