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Minneapolis vs Philadelphia: Cost of Living

Minneapolis is about 2% more expensive than Philadelphia, based on the BEA regional price parity index (U.S. average = 100): Minneapolis at 104.822, Philadelphia at 102.554.

Cost of living (U.S. avg 100)
Minneapolis: 104.822
Cost of living (U.S. avg 100)
Philadelphia: 102.554
Salary parity ($100K in Minneapolis)
$98K in Philadelphia

If you earn $100K in Minneapolis, you would need about $98K in Philadelphia to keep the same standard of living (price levels only; taxes on your specific income are separate).

Rents: the biggest difference

Minneapolis

Rent price parity: 111.838 (U.S. average = 100)

Philadelphia

Rent price parity: 113.141 (U.S. average = 100)

What common jobs pay in each city (after tax)

OccupationMedian (Minneapolis)Take-home (Minneapolis)Median (Philadelphia)Take-home (Philadelphia)
Software Developer$131K$93K$133K$98K
Data Scientist$130K$92K$110K$83K
Registered Nurse$103K$76K$101K$77K
Accountant$87K$65K$86K$67K
Mechanical Engineer$101K$74K$104K$79K
Marketing Manager$173K$118K$166K$120K
Electrician$82K$62K$75K$59K
Elementary School Teacher$80K$61K$79K$62K
Police Officer$97K$72K$90K$69K
Chef$63K$50K$66K$53K
Financial Analyst$103K$76K$95K$73K
Civil Engineer$105K$77K$99K$76K
Pharmacist----
Physical Therapist----
Dental Hygienist----
Web Developer----
Graphic Designer----
Paralegal$76K$58K$70K$56K
Plumber----
HVAC Technician$77K$59K$65K$52K

Taxes at a glance

Take-home assumes a single filer using the standard deduction. Minneapolis (Minnesota state tax), Philadelphia (Pennsylvania state tax). A $100K salary nets about $74K in Minneapolis vs $76K in Philadelphia. Full assumptions: methodology.