Naples-Marco Island vs Minneapolis-St. Paul-Bloomington

Cost of living comparison based on BEA Regional Price Parities. Minneapolis-St. Paul-Bloomington is 1.6% more expensive than Naples-Marco Island.

1.6% more expensive

Minneapolis-St. Paul-Bloomington, MN-WI is 1.6% more expensive than Naples-Marco Island, FL on BEA Regional Price Parities (overall RPP 104.8 vs 103.2). A $100,000 salary in Naples-Marco Island buys about the same as $101,572 in Minneapolis-St. Paul-Bloomington; the largest component gap is rents.

  • Overall RPP 103.2 (Naples-Marco Island) vs 104.8 (Minneapolis-St. Paul-Bloomington)
  • $100k in Naples-Marco Island ≈ $101,572 purchasing power in Minneapolis-St. Paul-Bloomington
  • Rents drives the gap (-17.6 RPP points)

RPP parity plate

Pair FL:MN 103.2→104.8

PHOTO-FINISH · CROSS-STATE · SPLIT-BUDGET · BOTH-ABOVE · PP-PAR

  • PHOTO-FINISH Photo finish
  • CROSS-STATE FL × MN
  • SPLIT-BUDGET Split budget
  • BOTH-ABOVE Both above 100
  • PP-PAR PP near-par

Instrument codes from this pair's BEA Regional Price Parities (overall · goods · services · rents · national benchmark 100 · purchasing-power conversion), not a ranking or recommendation.

Naples-Marco Island
103.2
Cost Index
Minneapolis-St. Paul-Bloomington
104.8
Cost Index

What This Comparison Actually Tells You

Naples-Marco Island, FL and Minneapolis-St. Paul-Bloomington, MN-WI are a photo finish on overall price level, only 1.6 RPP points apart. A salary conversion is therefore a fine adjustment, not evidence of a fundamentally different cost regime.

Rents creates the largest separation: Minneapolis-St. Paul-Bloomington is 17.6 points lower. But rents move against the overall direction, so this is a split budget rather than a clean across-the-board winner.

Comparable population context is incomplete for this pair, so no market-scale explanation is inferred from the price indexes.

Both metros exceed the U.S. benchmark of 100. The choice is between two national premiums, so local wages need to clear the higher baseline in either market.

For a housing-sensitive move, validate the rent gap first: HUD Fair Market Rent and the actual unit size can overturn what the blended index implies. On the BEA ratio alone, $100,000 in Naples-Marco Island corresponds to $101,572 in Minneapolis-St. Paul-Bloomington.

Category Breakdown

Visual Comparison

Overall
Naples-Marco Island
103.2
Minneapolis-St. Paul-Bloomington
104.8
Goods
Naples-Marco Island
96.2
Minneapolis-St. Paul-Bloomington
103.1
Services
Naples-Marco Island
87.8
Minneapolis-St. Paul-Bloomington
93.5
Rents
Naples-Marco Island
129.4
Minneapolis-St. Paul-Bloomington
111.8

Vertical line = national average (100)

How the Price Gap Changed

Naples-Marco Island and Minneapolis-St. Paul-Bloomington share 17 published annual releases from 2008 through 2024. Their overall gap widened, moving from 1.4 to 1.6 RPP points. Minneapolis-St. Paul-Bloomington remained the higher-index metro in the latest release.

Services changed the most within this pair: its gap moved 13.6 points between the first and latest shared releases (7.8 to 5.7 points). This describes a relative price-index history, not a forecast or a household budget.

Release Year Naples-Marco Island RPP Minneapolis-St. Paul-Bloomington RPP Relative Gap
2008 104.3 102.9 1.4 points Naples-Marco Island higher
2012 101.6 101.2 0.4 points Naples-Marco Island higher
2016 103.8 102.3 1.4 points Naples-Marco Island higher
2020 99.1 102.4 3.3 points Minneapolis-St. Paul-Bloomington higher
2024 103.2 104.8 1.6 points Minneapolis-St. Paul-Bloomington higher

Annual BEA Regional Price Parity releases; a higher index means a higher price level relative to the national average of 100. Selected years shown from the full shared series.

Salary Equivalents

What a salary in Naples-Marco Island would need to be in Minneapolis-St. Paul-Bloomington for the same purchasing power:

In Naples-Marco Island In Minneapolis-St. Paul-Bloomington Difference
$50,000 $50,786 +$786
$75,000 $76,179 +$1,179
$100,000 $101,572 +$1,572
$150,000 $152,358 +$2,358
$ in Naples-Marco Island = in Minneapolis-St. Paul-Bloomington

Same BEA Regional Price Parity ratio as the table above (103.2 → 104.8), computed live from your number, nothing is sent anywhere.

Frequently Asked Questions

Is Minneapolis-St. Paul-Bloomington more expensive than Naples-Marco Island?

Minneapolis-St. Paul-Bloomington is 1.6% more expensive than Naples-Marco Island. The overall cost index is 104.8 vs 103.2 (national average = 100).

What salary in Minneapolis-St. Paul-Bloomington equals $100K in Naples-Marco Island?

A $100,000 salary in Naples-Marco Island has the same purchasing power as $101,572 in Minneapolis-St. Paul-Bloomington. This is based on the BEA Regional Price Parity indexes.

How do rents compare between Naples-Marco Island and Minneapolis-St. Paul-Bloomington?

Rents in Naples-Marco Island are indexed at 129.4 while Minneapolis-St. Paul-Bloomington is at 111.8 (national average = 100). Naples-Marco Island has higher rents.

Data sourced from official public datasets, Regional Price Parities (2024), index where national average = 100. Retrieved and formatted by PlainCost. See our methodology for details.

Every figure on PlainCost is rendered directly from BEA Regional Price Parity source data, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, our changelog, or report a data error. Data current as of 2026-08-11. Rankings measure the published cost-of-living index only; we don't recommend where to live or rate any metro's quality of life.