Is Phoenix more expensive than Minneapolis?

Phoenix is 0.1% more expensive than Minneapolis overall. Rent is 6.6% higher, groceries 7.2% cheaper, and restaurants 3.5% more expensive.

Which city has better purchasing power, Minneapolis or Phoenix?

Minneapolis has a purchasing power index of 153.5 while Phoenix has 136.2 (NYC = 100). Minneapolis offers better purchasing power.

Cost of Living Comparison · 2026

🇺🇸 Minneapolis vs 🇺🇸 Phoenix

2026

Phoenix is 0.1% more expensive

Category	🇺🇸 Minneapolis	🇺🇸 Phoenix	Difference
Cost of Living	73.4	73.5	+0.1%
Rent	36.3	38.7	+6.6%
Groceries	84.3	78.2	-7.2%
Restaurants	76.2	78.9	+3.5%
Purchasing Power	153.5	136.2	-11.3%

Data verified Q1 2026 · Source: Numbeo cost-of-living indices (NYC = 100 baseline) · Indices reflect relative costs; absolute prices vary by neighbourhood.

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🇺🇸 Cost of Living in Minneapolis

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