Anaheim vs Minneapolis: Cost of Living Comparison
How does the cost of living in Anaheim, California compare to Minneapolis, Minnesota? Below is a side-by-side breakdown of housing costs, income, wages, and taxes using official government data.
Summary: Minneapolis is the more affordable city overall. Housing costs are 117% higher in Anaheim compared to Minneapolis, while rent is 55% higher. State income tax is 13.3% in CA vs 9.85% in MN.
| Metric | Anaheim, CA | Minneapolis, MN | Diff |
|---|---|---|---|
| Housing | |||
| Median Home Value | $713,600 | $328,700 | +117.1% |
| Median Monthly Rent | $1,958 | $1,267 | +54.5% |
| Income | |||
| Median Household Income | $88,538 | $76,332 | +16.0% |
| Per Capita Income | $35,331 | $48,373 | -27.0% |
| Taxes | |||
| State Income Tax Rate | 13.3% | 9.8% | +35.0% |
| Combined Sales Tax | 8.7% | 7.5% | +15.9% |
| Demographics | |||
| Population | 347,111 | 426,877 | -18.7% |
Source: U.S. Census Bureau ACS 5-Year Estimates (2022), Freddie Mac Primary Mortgage Market Survey. State/local tax rates from Tax Foundation (2024).
Rent vs. Buy Calculator — Anaheim
Default home price from Census ACS median. Mortgage rate: 6.38% (Freddie Mac PMMS, March 2026). Property tax est. 1.1%, insurance est. 0.35% of home value annually.
Rent vs. Buy Calculator — Minneapolis
Default home price from Census ACS median. Mortgage rate: 6.38% (Freddie Mac PMMS, March 2026). Property tax est. 1.1%, insurance est. 0.35% of home value annually.
Key Takeaways
- Housing: The median home in Anaheim costs $713,600 compared to $328,700 in Minneapolis — a 117% premium.
- Rent: Median rent is $1,958/mo in Anaheim vs $1,267/mo in Minneapolis.
- Income: Median household income is $88,538 in Anaheim and $76,332 in Minneapolis.
- Taxes: State income tax is 13.3% in California vs 9.85% in Minnesota.
Methodology
This comparison uses data from the U.S. Census Bureau American Community Survey 5-Year Estimates (2022) for median household income, median home value, median gross rent, per capita income, and population. State and local tax rates are sourced from the Tax Foundation. Mortgage rates are from the Freddie Mac Primary Mortgage Market Survey (updated weekly).