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.
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 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 to Phoenix?
| Move Size | Moving Company | Rental Truck |
|---|---|---|
| Studio / 1 Bedroom | $1,477 – $5,840 | $1,149 – $1,486 |
| 2 – 3 bedrooms | $3,545 – $8,050 | $1,200 – $1,733 |
| 4+ bedrooms | $6,288 – $11,350 | $1,501 – $2,083 |
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.
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.
Is Phoenix bigger than Minneapolis?
Phoenix (1,321,045) is bigger than: San Diego (1,223,400), Dallas (1,188,580), and San Antonio (1,144,646). Mesa (396,375) is bigger than: Minneapolis (382,618), St.
What is the cheapest place to live in Minnesota?
The list of Minnesota’s most affordable places is below:
- International Falls.
- Ostego.
- Hibbing.
- Austin.
- St. Michael.
- Virgina.
- Albert Lea.
- Litchfield.
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.
What’s the least expensive state to live in?
Mississippi
1. Mississippi. Coming in as the cheapest state to live in in the United States is Mississippi with a cost of living index score of 83.3. It also has the lowest average housing costs in the nation at 33.7% below the national average.
Is Arizona more expensive than Minnesota?
The cost of living in Phoenix, AZ is -8.7% lower than in Minneapolis, MN.
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 |
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.
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 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.
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 minimum wage for Minnesota?
$10.33 per hour
Minnesota Minimum Wage for 2021, 2022. Minnesota’s state minimum wage rate is $10.33 per hour. This is greater than the Federal Minimum Wage of $7.25. You are entitled to be paid the higher state minimum wage.
What’s it like living in Arizona?
Besides the great weather, the stunning landscape, endless activities and the chance you’ll spot an alien aircraft… Arizona’s economy is outlandishly strong. And, coupled with a low cost of living makes Arizona a great state for young professionals looking to get their start or retirees looking to settle down.
Is Phoenix expensive to live?
Phoenix has been named the most expensive city to live and drive in, based on how much residents’ income goes toward those two things. Using data from 2016, the analysis found Phoenix households spend 27% of their income on housing, and 25% on transportation.
Is Phoenix nice place to live?
Is Phoenix a good place to live? It’s certainly an ideal place to visit. More than 16 million people travel to metro Phoenix every year. In fact, a good number of those tourists become residents, which helps solidify the area as a city of transplants.
What is the safest place to live in Minnesota?
Here are the 10 Safest Cities in Minnesota for 2022
- West Hennepin.
- Cold Spring/Richmond.
- Rosemount.
- Minnetrista.
- Montevideo.
- St. Joseph.
- Dayton.
- South Lake Minnetonka.