What are the hidden costs of living in Minneapolis?

Parking fees and permits Elevated utility bills in winter Higher homeowner’s insurance due to urban risk

What is the median home price in Minneapolis?

The median home price in Minneapolis is approximately $354,100.

Is Minneapolis walkable?

Minneapolis has a Walk Score of 68 out of 100. Some errands can be done on foot.

What are the downsides of living in Minneapolis?

Cost of living is high relative to median income Urban noise and traffic congestion Crime rates can be moderate to high in the area Higher property taxes and insurance Limited parking availability

How are the schools in Minneapolis?

Minneapolis has a school rating of 9/10. Schools are highly rated.

What is the commute like from Minneapolis?

The average commute from Minneapolis to Minneapolis, MN is approximately 10 minutes.

Minneapolis, MN

Minneapolis · Hennepin County · MN 55406

Updated August 4, 2026 · Would You Live There?

Good for now

Verdict

$354K

Median Price

68/100

Walk Score

9/10

Schools

10 min

to Minneapolis, MN

Score Breakdown

BAffordability

78/100

FSafety

38/100

ASchools

90/100

DQuietness

40/100

ACommute

100/100

C+Walkability

68/100

WYLT Score69/100

Our Take

This spot is a tight squeeze of downtown life—great public transit, plenty of dining, and close to the university. The cost of living is high and traffic/noise can be a nuisance, but for young professionals who want a walk‑to‑work lifestyle it’s a decent fit.

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The Good

✓Proximity to downtown amenities
✓Strong public transit options
✓Good school ratings
✓Central for commuting

Real Talk

!Cost of living is high relative to median income
!Urban noise and traffic congestion
!Crime rates can be moderate to high in the area
!Higher property taxes and insurance
!Limited parking availability
$Parking fees and permits
$Elevated utility bills in winter
$Higher homeowner’s insurance due to urban risk

Best For

young professionalsstudentscommutersculture seekers

Risk Snapshot

Flood riskLow

Violent crimeModerate

Property crimeHigh

Air qualityGood

Price volatilityModerate

Crime & Safety

Minneapolis, MN

Safety grade

Safety score38 / 100

High riskVery safe

⚠️Violent Crime

Moderate

3.9incidents / 1,000 residents / yr

0Natl avg (3.7)11+

5% higher than the national average

🔒Property Crime

High

38.4incidents / 1,000 residents / yr

0Natl avg (19.5)59+

97% higher than the national average

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Minneapolis, MN

Minneapolis, MN

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