Colorado
Moderate tax burden · COL index 110
Wins 3 categories
Minnesota
High tax burden · COL index 95
Wins 10 categories
Minnesota's top income tax rate is 9.85% vs Colorado's 4.4%. Cost of living in Colorado (index 110) runs 16% higher than Minnesota (index 95). Property taxes are meaningfully different: Minnesota averages 1.02% annually vs Colorado's 0.48%. The median home in Colorado costs $545K vs $335K in Minnesota.
Taxes
Housing & Cost of Living
Crime & Safety
Healthcare
Education
Childcare
Utilities & Daily Costs
Social Policy
Category wins
3
Colorado
10
Minnesota
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Score For My Profile →People Also Ask
Is it cheaper to live in Colorado or Minnesota?
Is it more expensive to live in Minneapolis or Denver? Overall cost of living in Denver, CO is 19.6% higher than in Minneapolis, MN. The average listing price for a home in Denver, CO is $661,458, which is 63.0% higher than Minneapolis, MN.
Are people moving to or leaving Colorado?
Which is colder, Denver or Minneapolis?
Less snow and more rain in Minneapolis Winters in Minneapolis are colder than in Denver. The winter low in Minneapolis averages 7 degrees, compared to 18 degrees in Denver. And while snowfall averages around 52 inches annually in Minneapolis, Denver's annual snowfall averages 60 inches.
What is the downfall of living in Colorado?
Colorado Is Not a Very Diverse State And unfortunately, this has been one of the downsides of living in Colorado. While the people of Colorado are some of the most open-minded and accepting, it isn't the most diverse place to live.