Minneapolis vs Tampa

Cost of living and salary reality, side by side. At $60-80k, $70,000 in Minneapolis feels like approximately $74,436 in Tampa.

Data: 2026-Q2 · BLS · HUD · KFF

Your $60-80k in Minneapolis feels like $74,436 in Tampa. Moving would increase your purchasing power by 6%.

Income
Housing

Minneapolis

Tampa

Breathing Room
 
Housing Pressure
low
 
low
1BR Rent
$1,405/mo
 
$1,696/mo
State Tax
MN tax applies
 
No income tax
Take-Home /mo
$4,228
 
$4,803
Remote Work Fit
Minneapolis is an underrated remote work city — above-average wages, accessible housing, strong transit, and outdoor culture that rivals warmer metros in three seasons.
 
Tampa is a strong remote work market with no state income tax, improving cultural amenities, and Gulf Coast access.
Walk Score
71
 
50
Comfortable
$60-80k · Minneapolis vs Tampa
Income Reality Check

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Curious what a raise — or a different path — would change?

THEN — $60-80k
NOW — $60-80k
~$4,228/mo take-home

At $60-80k in Minneapolis, your picture shifts from comfortable toward comfortable.

No city is objectively better. Minneapolis and Tampa each fit different priorities — the right one depends on what you're building toward.

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FAQ

Minneapolis vs Tampa — FAQ

Is it cheaper to live in Minneapolis or Tampa?

HUD FY2026 1BR Fair Market Rent is $1,405/mo in Minneapolis and $1,696/mo in Tampa. Minneapolis has lower median housing costs. Source: HUD FY2026 FMR.

How much do I need to earn in Tampa to match Minneapolis?

At a $60-80k income, $70,000 in Minneapolis feels like approximately $74,436 in Tampa — a gain of about 6% in purchasing power.

What is the state tax difference between Minneapolis and Tampa?

Minneapolis is in MN (MN levies income tax) and Tampa is in FL (no state income tax). Source: Tax Foundation 2025.

Which city has more breathing room?

Breathing room depends on your income and housing situation. Use the interactive comparison above to see how each city's picture changes across income bands.

Income Reality Check is an educational tool, not financial advice. Your situation has more dimensions than any tool can capture.