Minneapolis, MN · Tampa, FL

Cost of Living: Minneapolis vs Tampa

Living in Tampa, FL costs 3.8% less than in Minneapolis, MN: a $100,000 salary in Minneapolis, MN buys what $96,249 buys in Tampa, FL, based on BEA regional price parities for 2024.

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Minneapolis vs Tampa: prices, pay and housing

Minneapolis, MNTampa, FL
BEA price parity (U.S. = 100)104.8100.9
Average salary, all jobs$74,580$66,490
Median salary, all jobs$59,320$48,940
Average salary adjusted for prices$71,149$65,903
Take-home on the average salary*$57,749$55,605
Typical home value$393,774$360,738
Median household income$98,180$71,254
Home price / household income4.05.1
Metro population3,693,3513,240,469

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

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Equivalent salary: Minneapolis to Tampa

To keep the same standard of living when moving from Minneapolis to Tampa, multiply your salary by 0.962.

Salary in MinneapolisSame buying power in Tampa
$50,000 in Minneapolis$48,124 in Tampa
$75,000 in Minneapolis$72,187 in Tampa
$100,000 in Minneapolis$96,249 in Tampa
$150,000 in Minneapolis$144,373 in Tampa
$200,000 in Minneapolis$192,498 in Tampa

Salaries for common jobs in Minneapolis and Tampa

JobMinneapolisTampaAdjusted for prices
Retail Salespersons$39,070$35,830$37,273 / $35,514
Registered Nurses$106,480$92,690$101,582 / $91,872
General and Operations Managers$125,460$130,340$119,689 / $129,190
Customer Service Representatives$52,960$44,410$50,524 / $44,018
Fast Food and Counter Workers$33,150$31,210$31,625 / $30,935
Cashiers$35,890$31,580$34,239 / $31,301
Waiters and Waitresses$31,300$44,090$29,860 / $43,701
Stockers and Order Fillers$40,390$37,540$38,532 / $37,209
Office Clerks, General$50,800$47,410$48,463 / $46,992
Laborers and Freight, Stock, and Material Movers, Hand$48,080$39,390$45,868 / $39,043
Cooks, Restaurant$41,850$37,560$39,925 / $37,229
Janitors and Cleaners, Except Maids and Housekeeping Cleaners$42,170$35,010$40,230 / $34,701
Medical Secretaries and Administrative Assistants$53,990$43,890$51,506 / $43,503
Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel$87,870$71,750$83,828 / $71,117
Heavy and Tractor-Trailer Truck Drivers$66,500$54,470$63,441 / $53,989
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Average salary vs. price-adjusted salary

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

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Minneapolis vs Tampa: questions

Is Minneapolis more expensive than Tampa?

Yes. BEA prices are 104.8 in Minneapolis, MN and 100.9 in Tampa, FL (U.S. = 100).

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

About $96,249, before taxes.

Where do salaries go further, Minneapolis or Tampa?

Minneapolis, MN: once prices are counted, its average salary buys more.

Sources and how to read this page

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