Cost of LivingUpdated 2026-03-23

Minneapolis, Minnesota

In Minneapolis, Minnesota, a gallon of regular gas costs $3.44 as of 2026-03-23 — $0.01 below the national average of $3.45. The average monthly rent for all unit types is $1,322.01, compared to the national average of $1,900. Grocery inflation is running at 3.17% year-over-year. Since 2022, bread prices have increased significantly while egg prices have been volatile due to avian flu outbreaks. Minneapolis's cost-of-living index of 108 puts it above the national average of 100.

StatesMinnesotaMinneapolis

Key Numbers

Gas (Regular)

$3.44

National: $3.45

129.6%vs. 2022

Avg Rent (All)

$1,322.01

National: $1,900

79.9%vs. 2022

Grocery Inflation

3.17%

Year-over-year

Fast Food Avg

$13.77

Combo meal

3.2%YoY

Grocery Prices

Grocery Item Prices — 2022 to Present

Item20222023202420252026Change
Eggs (dozen)Bird flu volatility$1.89$2.27$2.93$4.29$2.31+22.2%
Milk (gallon)$3.65$3.94$3.86$3.94$4.06+11.2%
Ground Beef (lb)$4.12$5.11$5.26$5.52$5.57+35.2%
Bread (loaf)$2.25$3.07$3.32$3.59$3.59+59.6%
Chicken Breast (lb)$3.70$3.96$4.00$3.96$4.04+9.2%
Butter (lb)$4.38$4.91$5.21$5.47$5.58+27.4%
Bacon (lb)$6.78$7.47$7.76$7.99$8.31+22.6%
Cheddar Cheese (lb)$5.99$6.72$6.85$7.13$7.20+20.2%
Pasta (lb)$1.50$1.79$1.86$1.93$1.95+30.0%
Rice (5 lb)$4.20$4.83$5.07$5.07$5.17+23.1%
Coffee (12 oz)$8.95$10.63$11.60$12.18$12.67+41.6%
Orange Juice (64 oz)Citrus shortage$4.08$4.86$5.29$5.72$5.95+45.8%
Potatoes (5 lb)$4.00$4.28$4.50$4.68$4.77+19.2%
Apples (3 lb)$4.60$4.73$4.87$5.02$5.17+12.4%
Tomatoes (lb)$2.27$2.54$2.75$2.83$2.86+26.0%
Lettuce (head)$1.91$2.10$2.29$2.36$2.43+27.2%
Cooking Oil (48 oz)$5.45$6.74$7.13$7.49$7.79+42.9%
Yogurt (32 oz)$4.29$4.68$4.96$5.21$5.26+22.6%
Cereal (family size)$5.00$5.75$6.15$6.52$6.65+33.0%
Frozen Pizza$6.14$7.29$7.87$8.51$8.85+44.1%

Dining & Restaurants

Fast Food Meal

$13.77

Casual Dining

$24.59

Monthly Spend

$455.31

+3.23% YoY

Chain Restaurant Meal Prices — 2022 vs. Today

Combo meal / typical order for one

McDonald's

2022: $8.54

$13.77

+61.2%

Wendy's

2022: $9.64

$14.87

+54.3%

Chipotle

2022: $10.33

$15.42

+49.3%

Starbucks

2022: $4.71

$6.54

+38.9%

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Average 1BR: $1,235.52/mo · 2BR: $1,584.52/mo

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