City Comparison · 2026
Minneapolis vs Denver
Salary, rent, taxes, and purchasing power compared
Purchasing Power
$100k in Minneapolis = $119k in Denver
Metric
Minneapolis
Denver
COL Index
✓1.17
1.39
1BR Monthly Rent
✓$1,600/mo
$1,900/mo
2BR Monthly Rent
✓$2,050/mo
$2,400/mo
State Income Tax
MN
CO
$100k Take-Home
$72,396
✓$74,336
$100k Effective Rate
27.6%
✓25.66%
$100k Savings Potential
✓$53,196
$51,536
After-Tax Income by Salary
| Gross Salary | Minneapolis MN | Denver CO |
|---|---|---|
| $60,000 | $46,628 $3,886/mo · 22.29% eff. | $47,608 $3,967/mo · 20.65% eff. |
| $100,000 | $72,396 $6,033/mo · 27.6% eff. | $74,336 $6,195/mo · 25.66% eff. |
| $150,000 | $103,055 $8,588/mo · 31.3% eff. | $106,678 $8,890/mo · 28.88% eff. |
Frequently Asked Questions
Is Minneapolis or Denver cheaper to live in?
Minneapolis has a cost-of-living index of 1.17 while Denver is 1.39 (1.00 = US average). Minneapolis is cheaper overall. 1BR rent in Minneapolis is $1,600/month vs $1,900/month in Denver.
How much more do you need to earn in Denver vs Minneapolis?
$100k in Minneapolis = $119k in Denver. Cost of living in Denver is higher by 18.8%.
Which city has better after-tax income — Minneapolis or Denver?
On a $100,000 salary, you take home $72,396 in MN (Minneapolis) and $74,336 in CO (Denver). After accounting for rent, your annual savings potential is $53,196 in Minneapolis vs $51,536 in Denver.
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