City comparison
Minneapolis, MN vs Pensacola, FL
What a paycheck is really worth in each city: prices, rent and state taxes.
Key findings
- Prices in Minneapolis, MN are 7.3% higher than in Pensacola, FL. Someone earning $100,000 in Pensacola, FL would need about $107,300 in Minneapolis, MN to live the same way.
- Rent differs too: a typical 1-bedroom costs $1,405 a month in Minneapolis, MN versus $1,257 in Pensacola, FL. On $100,000, that's 23% of take-home pay in Minneapolis, MN and 19% in Pensacola, FL.
- On $100,000, estimated state income tax is about $5,277 a year higher in Minneapolis, MN than in Pensacola, FL.
- For federal employees, locality pay changes a GS-13 step 1 salary by −8.3% moving from Minneapolis, MN to Pensacola, FL ($116,038 → $106,437), while prices change by −6.8%. Net effect of the transfer: −1.6% in real buying power.
- Minneapolis, MN: price level 104.8 (pricier)
- Pensacola, FL: price level 97.7 (cheaper)
Map drawn from Census Bureau state boundaries and metro locations9,10; dot colours show BEA price levels2.
Side by side
| Minneapolis, MN | Pensacola, FL | |
|---|---|---|
| Price level (U.S. = 100)2 | 104.8 | 97.7 |
| $100,000 is worth, in the other city2 | $93,222 in Pensacola | $107,271 in Minneapolis |
| Typical 1-bedroom rent3 | $1,405/mo | $1,257/mo |
| Take-home on $100,00014,15,8 | $73,903 | $79,180 |
| State income tax on $100,000 (estimate)8 | $5,277 (MN) | $0 (FL) |
| Rent burden on $100,000 | 23% | 19% |
| Median pay, all jobs4 | $59,320 | $46,240 |
| Federal locality pay area7 | Minneapolis-St. Paul, MN-WI | Rest of U.S. |
Rent areas: Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area and Pensacola-Ferry Pass-Brent, FL MSA. Metro areas: Minneapolis-St. Paul-Bloomington, MN-WI and Pensacola-Ferry Pass-Brent, FL.
What costs more or less
| Price level (U.S. = 100) | Minneapolis | Pensacola |
|---|---|---|
| Housing (rent) | 111.8 | 98.8 |
| Goods | 103.1 | 96.2 |
| Utilities | 93.5 | 88.5 |
| Other services | 104.4 | 98.9 |
| Overall | 104.8 | 97.7 |
Moving with the same $100,000 salary
Minneapolis, MN → Pensacola, FL
Same pay goes further
Buying power +7.3%; rent takes 19% of take-home; state tax −$5,277/yr.
91 Strong offer
Pensacola, FL → Minneapolis, MN
Same pay buys less
Buying power −6.8%; rent takes 23% of take-home; state tax +$5,277/yr.
48 Fair offer
On the GS pay scale?
Minneapolis, MN is in the Minneapolis-St. Paul, MN-WI pay area; Pensacola, FL is in Rest of U.S.. The last column shows what a transfer from Minneapolis, MN to Pensacola, FL at the same grade and step does to real buying power.
| Grade5,2 | Minneapolis, MN | Pensacola, FL | Real change, Minneapolis → Pensacola |
|---|---|---|---|
| GS-9 step 1 | $67,290 | $61,722 | −1.6% |
| GS-11 step 1 | $81,415 | $74,678 | −1.6% |
| GS-12 step 1 | $97,582 | $89,508 | −1.6% |
| GS-13 step 1 | $116,038 | $106,437 | −1.6% |
| GS-14 step 1 | $137,123 | $125,776 | −1.6% |
Pay for common jobs
| Median annual pay4 | Minneapolis, MN | Pensacola, FL | Pensacola pay in Minneapolis dollars |
|---|---|---|---|
| Elementary School Teachers, Except Special Education | $79,730 | $50,360 | $54,022 (−32.2%) |
| Software Developers | $130,920 | $108,430 | $116,314 (−11.2%) |
| Accountants and Auditors | $86,500 | $76,410 | $81,966 (−5.2%) |
| Registered Nurses | $103,040 | $77,890 | $83,553 (−18.9%) |
"Not published" means BLS doesn't release an estimate for that job in that metro.