Denver vs Minneapolis: Cost of Living & Housing Comparison
Denver's typical home is worth $540,400, 64% higher than the typical home in Minneapolis at $328,700.
Income differs between the two: $85,853 at the median in Denver, $76,332 in Minneapolis.
On median rent, Denver runs $1,665 while Minneapolis runs $1,267.
FEMA's National Risk Index puts both cities at "Relatively High" for overall natural-hazard risk.
| Metric | Denver, CO | Minneapolis, MN |
|---|---|---|
| Population | 710,800 | 426,877 |
| Median home value | $540,400 | $328,700 |
| Median household income | $85,853 | $76,332 |
| Median gross rent | $1,665 | $1,267 |
| Climate risk (FEMA) | Relatively High | Relatively High |
Both home values and rent run lower in Minneapolis, MN than in Denver, CO, making it the more affordable of the two on housing alone.
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Sources: U.S. Census Bureau American Community Survey; FEMA National Risk Index
Data last updated July 2026.