HomePricePeek

Madrid vs Minneapolis

Home Price & Cost of Living Comparison

Live DataLast updated: March 31, 2026ยทSource: OECD, Numbeo & National Statistics

๐Ÿ’ก Why it matters: Madrid vs Minneapolis

Minneapolis is 0% more affordable for homebuyers. Madrid has a price-to-income ratio of 8.2x compared to 4.5x in Minneapolis.

MetricMadridMinneapolis
Avg Home Price$320,000$320,000
Price / sqm$4,800$3,500
Rent (1BR)$1,100/mo$1,400/mo
Rent (3BR)$1,800/mo$2,100/mo
Price-to-Income8.2x4.5x
Mortgage Rate3.2%6.8%
1yr Change+4.8%+2.8%
Median Income$39,000/yr$71,000/yr
Population3,300,000430,000
MadridView full details โ†’MinneapolisView full details โ†’
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HomePricePeek Research TeamData Specialists

Our team analyzes data from OECD, Numbeo & National Statistics to deliver accurate, up-to-date information. All data is verified and cross-referenced with official sources.

โœ“ OECD, Numbeo & National Statisticsโœ“ Updated 2025

Frequently Asked Questions

Is Madrid or Minneapolis more expensive?
Minneapolis is more affordable. Home prices differ by $0 (0%).
Which city has cheaper rent, Madrid or Minneapolis?
Rent for a 1BR in Madrid is $1,100/mo vs $1,400/mo in Minneapolis.

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