Minneapolis, MN

Population 426,845 · Minneapolis-St. Paul-Bloomington, MN-WI MSA. Moving to or from Minneapolis? Below: current climate, cost-of-living, housing, demographic, and job-market figures from public federal data.

Population
426,845
Cost of living (RPP)
104.822
Annual avg temp
46°F
Typical home
$330,882

Demographics (ACS 5-year 2023)

Median household income$80,269
Median age33
Bachelor's degree or higher32.7%
Median home value (ACS)$345,600
Median gross rent$1,329/mo
Avg household size2.26

Cost of living

Regional Price Parity: 104.822 (U.S. average = 100). Rents 93.493, goods 103.065, services 111.838. Source: BEA, Minneapolis-St. Paul-Bloomington, MN-WI (Metropolitan Statistical Area) MSA (2024).

Local CPI-U (all items): 323.537 as of February 2026. YoY +2.3%. Source: BLS.

Climate (NOAA 1991–2020 normals)

Annual avg temp
46°F
January low
8°F
July high
83°F
Annual snow

Annual precipitation 34.4". Station: LOWER ST ANTHONY FALLS, MN US (1.5 mi away).

Housing (Zillow, 2026-03)

Typical home value (ZHVI)
$330,882
ZHVI YoY
+1.4%
Typical rent (ZORI)
$1,650/mo
ZORI YoY
+4.7%

Data provided by Zillow.

Jobs in the Minneapolis-St. Paul-Bloomington, MN-WI

Total employment (MSA)
1,911,030
Median wage (annual)
$54,850

Top occupations by employment

OccupationEmploymentMedian wage
Office and Administrative Support Occupations 233,400 $49,210
Sales and Related Occupations 158,540 $40,720
Business and Financial Operations Occupations 154,580 $81,780
Food Preparation and Serving Related Occupations 153,950 $31,400
Transportation and Material Moving Occupations 144,720 $46,500

Source: BLS OEWS.

Closest destinations

Major-metro destinations

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