Denver, CO · Minneapolis, MN

Cost of Living: Denver vs Minneapolis

Living in Minneapolis, MN costs 0.9% less than in Denver, CO: a $100,000 salary in Denver, CO buys what $99,092 buys in Minneapolis, MN, based on BEA regional price parities for 2024.

Advertisement

Denver vs Minneapolis: prices, pay and housing

Denver, COMinneapolis, MN
BEA price parity (U.S. = 100)105.8104.8
Average salary, all jobs$81,690$74,580
Median salary, all jobs$62,320$59,320
Average salary adjusted for prices$77,225$71,149
Take-home on the average salary*$63,413$57,749
Typical home value$573,221$393,774
Median household income$102,339$98,180
Home price / household income5.64.0
Metro population2,977,0853,693,351

*Single filer, federal and state income tax and FICA (2026 rules); city income taxes included where we model them.

Compare with another city or state

Equivalent salary: Denver to Minneapolis

To keep the same standard of living when moving from Denver to Minneapolis, multiply your salary by 0.991.

Salary in DenverSame buying power in Minneapolis
$50,000 in Denver$49,546 in Minneapolis
$75,000 in Denver$74,319 in Minneapolis
$100,000 in Denver$99,092 in Minneapolis
$150,000 in Denver$148,639 in Minneapolis
$200,000 in Denver$198,185 in Minneapolis

Salaries for common jobs in Denver and Minneapolis

JobDenverMinneapolisAdjusted for prices
Home Health and Personal Care Aides$40,800$40,250$38,570 / $38,398
Retail Salespersons$41,980$39,070$39,685 / $37,273
General and Operations Managers$171,600$125,460$162,220 / $119,689
Registered Nurses$100,920$106,480$95,404 / $101,582
Customer Service Representatives$52,050$52,960$49,205 / $50,524
Fast Food and Counter Workers$38,240$33,150$36,150 / $31,625
Laborers and Freight, Stock, and Material Movers, Hand$47,700$48,080$45,093 / $45,868
Office Clerks, General$57,860$50,800$54,697 / $48,463
Cashiers$39,190$35,890$37,048 / $34,239
Miscellaneous Assemblers and Fabricators$49,340$48,680$46,643 / $46,441
Software Developers$149,400$130,410$141,234 / $124,411
Janitors and Cleaners, Except Maids and Housekeeping Cleaners$42,130$42,170$39,827 / $40,230
Stockers and Order Fillers$44,510$40,390$42,077 / $38,532
Waiters and Waitresses$51,870$31,300$49,035 / $29,860
Teaching Assistants, Except Postsecondary$38,880$43,370$36,755 / $41,375
Advertisement

Average salary vs. price-adjusted salary

Adjusted = average salary divided by the BEA price parity: what it buys in a typical U.S. metro.

More cost of living comparisons

Go deeper

Denver vs Minneapolis: questions

Is Denver more expensive than Minneapolis?

Yes. BEA prices are 105.8 in Denver, CO and 104.8 in Minneapolis, MN (U.S. = 100).

What salary do I need in Minneapolis to match $100,000 in Denver?

About $99,092, before taxes.

Where do salaries go further, Denver or Minneapolis?

Denver, CO: once prices are counted, its average salary buys more.

Sources and how to read this page

Read the full methodology. Spotted an error? Tell us.