Minneapolis MN vs Palm Bay FL — Cost of Living, Crime & Income Comparison 2026
Updated May 2026 · Source: US Census ACS 5-Year (2023), FBI CDE (2023), BLS OEWS (2024)
Minneapolis, MN
Minnesota · Population: 426,845
- Median HH Income$80,269
- Median Home Price$334,719
- Unemployment5.7%
- Bachelor's+54.4%
Palm Bay, FL
Florida · Population: 125,273
- Median HH Income$67,521
- Median Home Price$304,173
- Unemployment5.9%
- Bachelor's+22.6%
Detailed Comparison
Demographics
Population
Minneapolis
426,845
Minneapolis +
Palm Bay
125,273
Pop. Density / sq mi
Lower = more space
Minneapolis
N/A
Palm Bay
N/A
Median Age
Minneapolis
33.0
Minneapolis +
Palm Bay
41.3
Foreign Born
Minneapolis
14.1%
Palm Bay
15.1%
Palm Bay +
White
Minneapolis
61.6%
Minneapolis +
Palm Bay
59.2%
Black
Minneapolis
18.3%
Palm Bay
19.3%
Palm Bay +
Asian
Minneapolis
5.2%
Minneapolis +
Palm Bay
2.1%
Hispanic
Minneapolis
10.5%
Palm Bay
19.7%
Palm Bay +
Spanish at Home
Minneapolis
N/A
Palm Bay
N/A
| Metric | Minneapolis, MN | Palm Bay, FL | Better |
|---|---|---|---|
| Population | 426,845 | 125,273 | Minneapolis + |
| Pop. Density / sq miLower = more space | N/A | N/A | - |
| Median Age | 33.0 | 41.3 | Minneapolis + |
| Foreign Born | 14.1% | 15.1% | Palm Bay + |
| White | 61.6% | 59.2% | Minneapolis + |
| Black | 18.3% | 19.3% | Palm Bay + |
| Asian | 5.2% | 2.1% | Minneapolis + |
| Hispanic | 10.5% | 19.7% | Palm Bay + |
| Spanish at Home | N/A | N/A | - |
Economy
Median HH Income
Minneapolis
$80,269
Minneapolis +
Palm Bay
$67,521
Per Capita Income
Minneapolis
$50,605
Minneapolis +
Palm Bay
$34,474
Per Capita Personal Income (MSA)
BEA MSA-level
Minneapolis
$69,467
Minneapolis +
Palm Bay
$65,328
Unemployment Rate
Minneapolis
5.7%
Minneapolis +
Palm Bay
5.9%
Poverty Rate
Minneapolis
16.4%
Palm Bay
11.6%
Palm Bay +
Bachelor's Degree+
Minneapolis
54.4%
Minneapolis +
Palm Bay
22.6%
| Metric | Minneapolis, MN | Palm Bay, FL | Better |
|---|---|---|---|
| Median HH Income | $80,269 | $67,521 | Minneapolis + |
| Per Capita Income | $50,605 | $34,474 | Minneapolis + |
| Per Capita Personal Income (MSA)BEA MSA-level | $69,467 | $65,328 | Minneapolis + |
| Unemployment Rate | 5.7% | 5.9% | Minneapolis + |
| Poverty Rate | 16.4% | 11.6% | Palm Bay + |
| Bachelor's Degree+ | 54.4% | 22.6% | Minneapolis + |
Housing
Median Home Value
Zillow ZHVI / Census ACS
Minneapolis
$334,719
Palm Bay
$304,173
Palm Bay +
Homeownership Rate
Minneapolis
48.0%
Palm Bay
79.3%
Palm Bay +
| Metric | Minneapolis, MN | Palm Bay, FL | Better |
|---|---|---|---|
| Median Home ValueZillow ZHVI / Census ACS | $334,719 | $304,173 | Palm Bay + |
| Homeownership Rate | 48.0% | 79.3% | Palm Bay + |
Safety
Violent Crime / 100K
FBI CDE (state-level est.)
Minneapolis
284
Minneapolis +
Palm Bay
324
Property Crime / 100K
FBI CDE (state-level est.)
Minneapolis
1992
Palm Bay
1453
Palm Bay +
| Metric | Minneapolis, MN | Palm Bay, FL | Better |
|---|---|---|---|
| Violent Crime / 100KFBI CDE (state-level est.) | 284 | 324 | Minneapolis + |
| Property Crime / 100KFBI CDE (state-level est.) | 1992 | 1453 | Palm Bay + |
Health
Obesity Rate
CDC PLACES
Minneapolis
28.6%
Minneapolis +
Palm Bay
36.5%
Diabetes Rate
CDC PLACES
Minneapolis
7.4%
Minneapolis +
Palm Bay
14.0%
Poor Mental Health
CDC PLACES — 14+ days/month
Minneapolis
17.1%
Minneapolis +
Palm Bay
17.6%
No Health Insurance
CDC PLACES
Minneapolis
9.9%
Minneapolis +
Palm Bay
14.2%
Binge Drinking
CDC PLACES
Minneapolis
19.8%
Palm Bay
14.4%
Palm Bay +
Current Smokers
CDC PLACES
Minneapolis
12.7%
Minneapolis +
Palm Bay
14.5%
| Metric | Minneapolis, MN | Palm Bay, FL | Better |
|---|---|---|---|
| Obesity RateCDC PLACES | 28.6% | 36.5% | Minneapolis + |
| Diabetes RateCDC PLACES | 7.4% | 14.0% | Minneapolis + |
| Poor Mental HealthCDC PLACES — 14+ days/month | 17.1% | 17.6% | Minneapolis + |
| No Health InsuranceCDC PLACES | 9.9% | 14.2% | Minneapolis + |
| Binge DrinkingCDC PLACES | 19.8% | 14.4% | Palm Bay + |
| Current SmokersCDC PLACES | 12.7% | 14.5% | Minneapolis + |
Climate
Avg Annual Temp
NOAA 1991–2020 normal
Minneapolis
46.3°F
Palm Bay
N/A
Annual Precipitation
NOAA 1991–2020 normal
Minneapolis
30.6 in
Palm Bay
N/A
| Metric | Minneapolis, MN | Palm Bay, FL | Better |
|---|---|---|---|
| Avg Annual TempNOAA 1991–2020 normal | 46.3°F | N/A | - |
| Annual PrecipitationNOAA 1991–2020 normal | 30.6 in | N/A | - |
Air Quality
PM2.5 Annual Avg
EPA AQS (state-level est.)
Minneapolis
8.1 µg/m³
Palm Bay
7.2 µg/m³
Palm Bay +
Good Air Days
AQI ≤ 50
Minneapolis
75.0%
Palm Bay
75.0%
Tie
| Metric | Minneapolis, MN | Palm Bay, FL | Better |
|---|---|---|---|
| PM2.5 Annual AvgEPA AQS (state-level est.) | 8.1 µg/m³ | 7.2 µg/m³ | Palm Bay + |
| Good Air DaysAQI ≤ 50 | 75.0% | 75.0% | Tie |
Commute
Mean Commute Time
Census ACS
Minneapolis
24.2 min
Minneapolis +
Palm Bay
29.6 min
| Metric | Minneapolis, MN | Palm Bay, FL | Better |
|---|---|---|---|
| Mean Commute TimeCensus ACS | 24.2 min | 29.6 min | Minneapolis + |
Which City is Right for You?
Minneapolis leads in median household income at $80,269, while palm Bay offers more affordable housing with a median home price of $304,173. On public safety, Minneapolis is safer with a violent crime rate of 284 per 100,000 residents, compared to 324 in Palm Bay. Minneapolis has a lower unemployment rate at 5.7%, and Palm Bay has cleaner air (PM2.5 avg 7.2 µg/m³). For overall health outcomes, Minneapolis scores better with a lower obesity rate of 28.6%.
Compare More Cities
Minneapolis, MN vs New York, NYLos Angeles, CA vs Minneapolis, MNChicago, IL vs Minneapolis, MNHouston, TX vs Minneapolis, MNMinneapolis, MN vs Phoenix, AZMinneapolis, MN vs Philadelphia, PA