Paycheck Atlas

Minneapolis, MN vs Phoenix, AZ

Overall prices in Phoenix, AZ run 1% lower than in Minneapolis, MN. To keep the same lifestyle you would need $99k in Phoenix, AZ for every $100k you earn in Minneapolis, MN.

Salary in Minneapolis, MNEquivalent in Phoenix, AZTake-home in MNTake-home in AZ
$50,000$49,282$3,246/mo$3,379/mo
$75,000$73,922$4,708/mo$4,916/mo
$100,000$98,563$6,032/mo$6,309/mo
$150,000$147,845$8,633/mo$9,052/mo
$1,440Median rent, Minneapolis, MN
$1,702Median rent, Phoenix, AZ

Equivalent salary scales by BEA Regional Price Parities (all items). Take-home columns apply each state's tax to the matching salary, so the equivalent salary is not the same as the same take-home.

Compare the other way: Phoenix, AZ vs Minneapolis, MN