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Minnesota

High tax burden · COL index 95

Wins 4 categories

VS

West Virginia

Moderate tax burden · COL index 82

Wins 9 categories

Minnesota's top income tax rate is 9.85% vs West Virginia's 5.12%. Cost of living in Minnesota (index 95) runs 16% higher than West Virginia (index 82). Property taxes are meaningfully different: Minnesota averages 1.02% annually vs West Virginia's 0.57%. The median home in Minnesota costs $335K vs $155K in West Virginia.

Minnesota
West Virginia

Taxes

9.85%
Income Tax (top rate)
5.12%
1.02%/yr
Property Tax Rate
0.57%/yr
7.42%
Sales Tax (avg)
6.37%
No
Social Security Tax
Yes
No
Estate Tax
Yes
As income
Capital Gains Tax
As income

Housing & Cost of Living

95
COL Index (100=avg)
82
$335K
Median Home Price
$155K
$1,450/mo
Median Rent (2BR/mo)
$900/mo
$2K/yr
Home Insurance (avg/yr)
$1K/yr

Crime & Safety

286
Violent Crime / 100K
278
2,094
Property Crime / 100K
1,380

Healthcare

#2 of 50
Healthcare Quality Rank
#46 of 50
79.4 yrs
Life Expectancy
71.9 yrs
4.5%
Uninsured Rate
6.6%
Yes
Medicaid Expansion
Yes

Education

#8 of 50
K-12 Quality Rank
#49 of 50
No
School Choice / Vouchers
Yes

Childcare

$1,450/mo
Avg Infant Care / mo
$850/mo

Utilities & Daily Costs

$140/mo
Avg Energy Bill / mo
$125/mo
$500/mo
Avg Groceries / mo
$400/mo
#7 of 50
Road Quality Rank
#45 of 50

Social Policy

B
Gun Laws Grade
F
D+4.0
2024 Presidential Margin
R+36.0

Category wins

4

Minnesota

9

West Virginia

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People Also Ask

What are the drawbacks to living in West Virginia?

Limited Cultural and Entertainment Options West Virginia's rural nature means fewer cultural and entertainment options compared to urban areas. Residents may need to travel to nearby states for concerts, theater, and major events. This lack of local entertainment can feel limiting, particularly for younger residents.

Is it cheaper to live in Minnesota or Virginia?

Overall cost of living in Minneapolis, MN is 3.2% lower than in Richmond, VA. The average listing price for a home in Minneapolis, MN is $405,800, which is 8.6% lower than Richmond, VA. The average cost of groceries in Minneapolis, MN is 2.5% higher than Richmond, VA.

Is West Virginia offering $20,000 to new residents?

What is the leading cause of death in WV?

Full Minnesota Profile →Full West Virginia Profile →

Your Priorities

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Annual Income

$150K

Affects effective income tax rate

$0$500K$5M+

Retirement Savings

$0

Affects pension and SS tax burden

None$500K$10M+

Social Security

None

Annual Social Security benefit

None$150K/yr

My Property Is Worth

$400K

Affects property tax burden

Tax burden ↓$1M$50M+

Home Buying Budget

$400K

Compared to state median home price

Hard to find$250K$5M+

Monthly Rent Budget

Don't care

Compared to state median 2BR rent

Don't care$10K/mo

Job Market

Don't care

State unemployment and job growth

Don't careHot market

Airport Access

Don't care

Direct flight destinations from state hubs

Don't careMust have hub

City vs Country

Mid-size city

% urban population

Deep countryBig city

Sunshine

Don't care

Annual sunny days per state

Don't careMax sunshine

Food Scene

Don't care

Restaurants per 100K residents

Don't careWorld-class

Political Preference

Neutral

State's political lean

LiberalConservative

Gun Laws

Neutral

State gun law grade (Giffords)

Gun Control2A Freedom

Abortion Access

Neutral

State abortion access policy

Pro-ChoiceNeutralPro-Life

Community

None

Congregations per 100K residents

AvoidDon't careSeek

Sports & Entertainment

Don't care

Pro sports teams and major venues

Don't careMust have pro teams

Cannabis Laws

Neutral

State cannabis legality

Prefer LegalNeutralPrefer Prohibition

Retiree Community

Neutral

% population 65+ (Census)

Young areaRetirement-heavy

Dating Market

Neutral

% adults never-married (Census)

Singles sceneFamily community

Safety / Low Crime

Don't care

Violent crime rate per 100K (FBI)

Don't careVery safe

School Quality

Don't care

K-12 rank (Education Week)

Don't careTop-ranked

Healthcare Access

Don't care

Healthcare system rank (Commonwealth Fund)

Don't careTop-ranked

Childcare Affordability

Don't care

Cost of living proxy for childcare affordability

Don't careMust be affordable