Is Memphis or Minneapolis more affordable?
Memphis has a median rent of $950/month, while Minneapolis is $1,350/month. Memphis is more affordable for renters.
City comparison
Memphis, TN vs Minneapolis, MN
Side-by-side comparison of cost of living, taxes, climate, and quality of life between Memphis and Minneapolis.
4
Memphis wins
of 5 metrics
tracked
1
Minneapolis wins
TN
Memphis
vs
MN
Minneapolis
Overview
633,104
Population
429,954
$41,228
Median Income
+60.1%$66,023✓
Cost of Living
$950✓
Median Rent / mo
+42.1%$1,350
$155,000✓
Median Home Price
+103.2%$315,000
28%
Rent-to-Income %
25%
Taxes
None✓
State Income Tax
9.85%
9.75%
Local Tax Rate
8.03%
Climate & Weather
70°F
Avg High Temp
55°F
49°F
Avg Low Temp
37°F
214 days✓
Sunny Days / Year
198 days
54"
Annual Rainfall
30"
Who should choose
Memphis, TN
Memphis is a city in Tennessee with a population of 633,104.
Read full Memphis guide →Who should choose
Minneapolis, MN
Minneapolis is a city in Minnesota with a population of 429,954.
Read full Minneapolis guide →Memphis vs Minneapolis — Common Questions
Which city has lower taxes — Memphis or Minneapolis?
Tennessee has no state income tax. Minnesota has a 9.85% state income tax. Memphis wins on state income tax.
What is the weather difference between Memphis and Minneapolis?
Memphis gets 214 sunny days/year. Minneapolis gets 198 sunny days/year. Avg high in Memphis: 70°F. Avg high in Minneapolis: 55°F
Which city is better for families — Memphis or Minneapolis?
Memphis. Minneapolis. The right choice depends on your priorities — income, affordability, taxes, and climate all play a role.
More city comparisons
Data sourced from U.S. Census Bureau, Bureau of Labor Statistics, and NOAA. Green values indicate a better outcome for that metric.