HomePricePeek

Minneapolis vs Vancouver

Home Price & Cost of Living Comparison

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

๐Ÿ’ก Why it matters: Minneapolis vs Vancouver

Minneapolis is 61% more affordable for homebuyers. Minneapolis has a price-to-income ratio of 4.5x compared to 13.5x in Vancouver.

MetricMinneapolisVancouver
Avg Home Price$320,000$820,000
Price / sqm$3,500$10,500
Rent (1BR)$1,400/mo$2,400/mo
Rent (3BR)$2,100/mo$3,800/mo
Price-to-Income4.5x13.5x
Mortgage Rate6.8%5.2%
1yr Change+2.8%-0.8%
Median Income$71,000/yr$61,000/yr
Population430,000680,000
MinneapolisView full details โ†’VancouverView 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 Minneapolis or Vancouver more expensive?
Minneapolis is more affordable. Home prices differ by $500,000 (61%).
Which city has cheaper rent, Minneapolis or Vancouver?
Rent for a 1BR in Minneapolis is $1,400/mo vs $2,400/mo in Vancouver.

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