Moving from Minneapolis to Phoenix?
Here's what you'd need to earn to maintain your lifestyle.
To maintain your Minneapolis lifestyle in Phoenix, you'd need to earn:
$73,911/year
▼ $1,089 less than you make now
| Category | Minneapolis | Phoenix |
|---|---|---|
| Salary | $75,000 | $73,911 |
| Federal Income Tax | -$8,114 | -$7,874 |
| Social Security | -$4,650 | -$4,582 |
| Medicare | -$1,088 | -$1,072 |
| State Tax | -$4,628 | -$1,848 |
| Take-Home Pay | $56,521 | $58,535 |
Why the difference
- Cost of living is -1.5% in Phoenix
- Housing is +8.4% in Phoenix
- At the same $75,000 salary, you'd save $2,753/year in taxes in Phoenix
Estimated Moving Costs
Distance: ~1,279 miles
DIY Truck
$4,000
Container
$6,500
Full-Service
$9,000
Salary Equivalents: Minneapolis to Phoenix
| Your Minneapolis Salary | Phoenix Equivalent | Difference | Phoenix Take-Home |
|---|---|---|---|
| $40,000 | $39,419 | -$581 | $32,726 |
| $50,000 | $49,274 | -$726 | $40,398 |
| $60,000 | $59,129 | -$871 | $48,070 |
| $75,000 | $73,911 | -$1,089 | $58,535 |
| $100,000 | $98,548 | -$1,452 | $75,251 |
| $150,000 | $147,822 | -$2,178 | $108,094 |
Single filer, 2025 tax brackets, standard deduction. Equivalents based on BEA Regional Price Parities.
How Minneapolis and Phoenix Compare
Housing (8% more expensive in Phoenix)
The average 1-bedroom apartment in Phoenix rents for $1,195/month compared to $1,330/month in Minneapolis. Median home prices: $460,000 in Phoenix vs $327,000 in Minneapolis.
Taxes
Minnesota has a progressive state income tax from 5.3% to 9.8%. Arizona has a flat 2.5% state income tax. On a $75,000 salary, moving to Phoenix would save you about $2,753/year in taxes alone.
Overall Cost of Living
Phoenix's overall cost of living is 1.5% lower than Minneapolis, based on the BEA Regional Price Parity index (where 100 = national average).Minneapolis: 104.8, Phoenix: 103.3.
Plan Your Move
Get Free Moving Quotes
Compare rates from licensed movers for your Minneapolis to Phoenix move. Average cost: $4,000–$9,000.
Compare Moving Quotes →Find Apartments in Phoenix
Average 1BR rent in Phoenix: $1,195/month. Browse available listings.
Search Apartments →High-Yield Savings
Park your moving fund in a 4.5%+ APY savings account while you plan your relocation.
Compare Savings Rates →