State Comparison

North Dakota vs Minnesota

Side-by-side comparison of 16 financial metrics including taxes, housing costs, cost of living, wages, and insurance — powered by verified government data.

Overall Score

11
North Dakota
ND
vs
of 16 metrics
5
Minnesota
MN

Cost of Living

Cost of Living Index
ND: 92.5
MN: 96.8
ND

Housing

Median Home Price
ND: $250,000
MN: $330,000
ND
Median 2BR Rent
ND: $875/mo
MN: $1,160/mo
ND
Closing Costs
ND: 2.50%
MN: 2.70%
ND
Transfer Tax Rate
ND: 0.00%
MN: 0.33%
ND

Taxes

Property Tax Rate
ND: 0.98%
MN: 1.12%
ND
Top Income Tax Rate
ND: 1.95%
MN: 9.85%
ND
Sales Tax Rate
ND: 5.00%
MN: 6.88%
ND
Capital Gains Tax Rate
ND: 1.95%
MN: 9.85%
ND

Income & Employment

Median Household Income
ND: $68,131
MN: $77,706
MN
Minimum Wage
ND: $7.25/hr
MN: $11.13/hr
MN
Max Unemployment Benefit
ND: $618/wk
MN: $740/wk
MN

Business

LLC Filing Fee
ND: $135
MN: $155
ND
LLC Annual Fee
ND: $50
MN: $0
MN

Insurance & Living

Avg Car Insurance
ND: $1,350/yr
MN: $1,620/yr
ND
Avg Home Insurance
ND: $2,050/yr
MN: $1,980/yr
MN

Key Takeaways

  • 1

    North Dakota leads in 11 of 16 financial metrics, making it the more favorable state overall.

  • 2

    Housing: Median home prices are $250,000 in North Dakota vs $330,000 in Minnesota — a $80,000 difference.

  • 3

    Taxes: North Dakota has a 1.95% top income tax rate while Minnesota has a 9.85% top rate. Property tax rates are 0.98% vs 1.12%.

  • 4

    Cost of Living: North Dakota's index is 92.5 and Minnesota's is 96.8 (national average = 100).

Frequently Asked Questions

Is North Dakota or Minnesota more affordable?

North Dakota has a lower cost of living index (92.5) compared to Minnesota (96.8), where 100 is the national average. However, affordability depends on your specific situation — compare housing, taxes, and income together for a complete picture.

Which state has lower taxes — North Dakota or Minnesota?

Overall, North Dakota has a lower combined tax burden. North Dakota has a 1.95% top income tax, 5% sales tax, and 0.98% property tax. Minnesota has a 9.85% top income tax, 6.875% sales tax, and 1.12% property tax.

What are housing costs in North Dakota vs Minnesota?

The median home price in North Dakota is $250,000 compared to $330,000 in Minnesota. For renters, a 2-bedroom apartment averages $875/month in North Dakota vs $1,160/month in Minnesota.

Which state is better for starting a business — North Dakota or Minnesota?

LLC filing costs are $135 in North Dakota vs $155 in Minnesota, with annual fees of $50 and $0 respectively. North Dakota's 1.95% top tax rate compared to Minnesota's 9.85% rate may also factor into your decision.

Should I move from North Dakota to Minnesota?

It depends on your priorities. North Dakota wins in 11 of 16 metrics we compared. Use our free calculators to model your specific financial scenario — including salary, property tax, and cost of living for each state.

Comparing North Dakota and Minnesota

When deciding between living in North Dakota or Minnesota, the financial picture goes beyond just one metric. This comparison analyzes 16 key financial indicators sourced from the U.S. Census Bureau, Tax Foundation, HUD Fair Market Rent data, and Bureau of Labor Statistics to give you a comprehensive overview.

North Dakota (ND) has a median household income of $68,131 with a cost of living index of 92.5. Minnesota (MN) has a median household income of $77,706 with a cost of living index of 96.8.

These numbers are estimates. Individual circumstances vary based on location within each state, family size, profession, and lifestyle. Use our free North Dakota calculator or Minnesota calculator to model your specific financial scenario.

Data sources: Census Bureau ACS, Tax Foundation, HUD FMR, BLS. Last verified January 2026. Calculators provide estimates only — consult a qualified professional for financial advice.