Wouldr/Compare/Minneapolis vs Chicago

Minneapolis, MN vs Chicago, IL: Cost of Living & Tax Comparison

On a $75,000 salary, Minneapolis, MN leaves you $5,175 more per year after taxes and cost of living.

Results shown for a $75,000 salary

Enter your income for a personalized comparison with full tax calculations

$

From

Minneapolis, MN

To

Chicago, IL

·

Income

$75,000

Minneapolis is financially better

Moving to Chicago, IL would leave you $5,175 less per year.

Your $75,000 in Minneapolis, MN has the same purchasing power as $75,000 in Chicago, IL.

MetricMinneapolisChicago
Annual gross income$75,000$75,000
Total taxes (all)$17,501$17,564
Annual take-home pay$57,499$57,436
Monthly expenses$3,801$4,227
Monthly surplus$991$559
Annual surplus$11,887$6,712
Tax effective rate23.3%23.4%

Tax difference / yr

$63

Minneapolis saves more

Surplus difference / yr

$5,175

Minneapolis leaves more money

Monthly surplus gap

$431.25

per month

For informational purposes only — not financial advice. Calculations use 2025 tax tables, current mortgage rates (~6.9%), and BLS/Numbeo cost-of-living data.

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The results above use a $75,000 baseline salary. Enter your real income, filing status, and housing preference to see your personalized financial comparison.