Cost of Living: Forney, TX vs Minneapolis, MN
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,516/mo in Forney, TX versus $4,119/mo in Minneapolis, MN. In the model, rent is about 24.26% of gross in Forney, TX versus 24.87% in Minneapolis, MN, so Forney, TX tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Forney, TX and Minneapolis, MN.
At a glance
- Cheaper overall (lower cost-of-living index): Minneapolis, MN
- Lower rent (median 1BR/2BR): Forney, TX
- Lower home prices: Forney, TX
- Higher median household income: Minneapolis, MN
Cost of Living Index
Forney, TX: 100 (U.S. = 100) · Minneapolis, MN: 98.2 (U.S. = 100)
Minneapolis, MN has a lower cost-of-living index than Forney, TX, so a given salary generally stretches further there.
Median Rent
Forney, TX: $1,582/mo (midpoint of 1BR/2BR) · Minneapolis, MN: $1,622/mo
Median rent in Minneapolis, MN is $40/mo higher than in Forney, TX.
Median Home Price
Forney, TX: $323,500 · Minneapolis, MN: $327,500
Median home price in Minneapolis, MN is $4,000 higher than in Forney, TX.
Median Household Income
Forney, TX: $103,360 · Minneapolis, MN: $103,382
Minneapolis, MN has a higher median household income than Forney, TX by $22.
Forney, TX overview · Minneapolis, MN overview · Popular comparisons