Minneapolis-St. Paul-Bloomington New York-Newark-Jersey City

Relocation analysis based on 7 federal data sources

Verdict
Unfavorable
Cost Index: 104.8 → 112.6
Rent Delta: +$615/mo

Pros of Moving

  • + $7K higher median salary
  • + Better student-teacher ratios

Cons of Moving

  • - 8% higher cost of living
  • - $615/mo more expensive rent (2BR)
  • - Higher violent crime rate
  • - More expensive childcare
  • - More environmental violations
Dimension
Minneapolis-St. Paul-Bloomington
New York-Newark-Jersey City
Winner
💰 Cost of Living
RPP 104.8
RPP 112.6
Minneapolis-St. Paul-Bloomington
🏠 Rent (2BR)
$1,709/mo
$2,324/mo
Minneapolis-St. Paul-Bloomington
💼 Wages
$73,029
$80,099
New York-Newark-Jersey City
🔒 Crime
259 per 100K
380 per 100K
Minneapolis-St. Paul-Bloomington
🎓 Schools
15.9:1
11.7:1
New York-Newark-Jersey City
👶 Childcare
$11,722/yr
$13,869/yr
Minneapolis-St. Paul-Bloomington
🌿 Environment
845 violations
5270 violations
Minneapolis-St. Paul-Bloomington

Salary Adjustment Calculator

Enter your current salary in Minneapolis-St. Paul-Bloomington to see what you'd need to earn in New York-Newark-Jersey City to maintain the same purchasing power.

Equivalent salary in New York-Newark-Jersey City

Data: BEA (cost of living), HUD (rent), BLS (wages), FBI (crime), NCES (schools), DOL (childcare), EPA (environment)