The cost of living in Phoenix, AZ is -8.7% lower than in Minneapolis, MN.
Is Phoenix cheaper than Minneapolis?
Phoenix is 2.6% less expensive than Minneapolis. Phoenix housing costs are 11.6% less expensive than Minneapolis housing costs. Health related expenses are 17.5% more in Phoenix.
Is Arizona an expensive state to live in?
Arizona is an affordable place to live, especially when compared to nearby states. Phoenix and San Diego both have similar climates and population sizes, but Phoenix is over 50% cheaper. If you’re relocating from Nevada or California, you’ll probably notice a significant reduction in your living expenses.
Is Minnesota a expensive state to live in?
Living in Minnesota is less expensive than it is on average across the U.S. as a whole. According to data from the Bureau of Economic Analysis, goods and services in the state cost 2.5% less than they do on average nationwide. Compared with all other states, Minnesota has the 20th highest overall cost of living.
How much does it cost to move from Minnesota to Arizona?
How much does it cost to move from Minneapolis, MN to Arizona?
| Move Size | Moving Company | Moving Container |
|---|---|---|
| Studio / 1 Bedroom | $1,477 – $5,840 | $1,314 – $2,429 |
| 2 – 3 bedrooms | $3,545 – $8,050 | $2,442 – $3,650 |
| 4+ bedrooms | $6,288 – $11,350 | $3,273 – $4,573 |
Is Arizona cheaper than Minnesota?
Good News! The cost of living in Phoenix, AZ is -8.7% lower than in Minneapolis, MN. You would have to earn a salary of $54,802 to maintain your current standard of living. Employers in Phoenix, AZ typically pay -7.3% less than employers in Minneapolis, MN.
What is the cost of living in MN?
With an average living cost of $55,061.78 per year, the costs of living in Minnesota are significantly cheaper compared to the national average.
What is a livable salary in Arizona?
Living Wage Calculation for Arizona
| 1 ADULT | 2 ADULTS (1 WORKING) | |
|---|---|---|
| 0 Children | 2 Children | |
| Living Wage | $17.43 | $37.82 |
| Poverty Wage | $6.19 | $12.74 |
| Minimum Wage | $12.80 | $12.80 |
What is a good hourly wage in Arizona?
Hourly Rate Salary in Arizona
| Annual Salary | Hourly Wage | |
|---|---|---|
| Top Earners | $81,025 | $39 |
| 75th Percentile | $49,786 | $24 |
| Average | $48,762 | $23 |
| 25th Percentile | $28,798 | $14 |
What are the 10 most expensive states to live in?
Here are the 10 states with the highest cost index:
- Hawaii (193.3)
- New York (148.2)
- California (142.2)
- Massachusetts (135)
- Oregon (130.1)
- Alaska (127.1)
- Maryland (124)
- Connecticut (121.6)
Why is Minnesota so expensive to live?
A key factor in Minnesota’s higher housing costs is very down to earth — the land itself. In the Twin Cities metro area, land costs can reach $100,000 for a plot — before a single wall is built. That’s partly because the plots are big. Zoning rules in the suburbs often prefer putting new homes on larger lots.
What is the cost of living in Arizona compared to Minnesota?
Comparison Highlights
| Cost of Living Indexes | Phoenix, AZ | Minneapolis, MN |
|---|---|---|
| Overall Index: Homeowner, No Child care, Taxes Not Considered | 108.7 | 105 |
| Food & Groceries | 97.3 | 101.2 |
| Housing (Homeowner) | 103.5 | 117.1 |
| Median Home Cost | $346,100 | $330,700 |
Which state has lowest cost of living?
Mississippi
Mississippi. Mississippi has the lowest cost of living in the United States. With a cost of living index of 83.3, expenses are nearly 17% less than the national average. Mississippi’s housing costs are the lowest in the nation.
How much does it cost to move from Minneapolis to Phoenix?
$1,200 to $8,050
Quick Answer: The cost to move from Minneapolis, MN to Phoenix, AZ averages from $1,200 to $8,050 depending on how much you’re moving, your move date, and whether you hire a company or do the move yourself. Hiring movers will be on the more expensive side.
How long does it take to ship a pod across country?
How long does a cross country move take? The average time it takes to complete a long distance move is between 10 and 14 days, but you can receive your shipment in as little as 3 days or as long as 3 weeks or more. # A moving truck driver typically covers about 400-500 miles a day.
How much is it to move across the country?
Moving can be a stressful experience, but moving across the country is an even more challenging extensive process. The cost for a cross-country move with a professional moving company can range anywhere from $1,500 to $15,000.
Are taxes high in Arizona?
Arizona has a 4.90 percent corporate income tax rate, a 5.60 percent state sales tax rate, a max local sales tax rate of 5.60 percent, and a 8.40 percent combined state and local sales tax rate. Arizona’s tax system ranks 23rd overall on our 2022 State Business Tax Climate Index.
Where does Arizona rank in cost of living?
Cost of Living Index by State 2022
| State | Cost Index | Grocery |
|---|---|---|
| Arizona | 103.2 | 101.5 |
| Colorado | 105.3 | 98.1 |
| Nevada | 106.3 | 107 |
| Delaware | 107.9 | 114 |
Is Arizona a good place to live?
Is Arizona a good place to live? Arizona is one of the best places to start a new life. Most of the cities in the state are habitable when you consider human factors such as cost of living, job opportunities, and quality of health and education. Moreover, the state has an extensive transport network.
What is the poorest town in Minnesota?
(The Center Square) – Little Falls was ranked the poorest town in Minnesota in a 24/7 Wall St. analysis examining small, lower-income communities where households earn much less than the nation’s median annual household income.
What is a good salary in Minnesota?
A good salary in Minneapolis, MN is anything over $48,000. That’s because the median income in Minneapolis is $48,000, which means if you earn more than that you’re earning more than 50% of the people living in Minneapolis. The average salary in Minneapolis is $56,682.