Madison vs Minneapolis

The short version

  • Madison is cheaper overall: prices in its metro run 7% lower than in the Minneapolis area (BEA 2024).
  • The median home costs $362,200 in Minneapolis and $372,900 in Madison.
  • Madison is growing faster: +4.2% since 2020 vs +0.1%.

Side by side

Madison, WIMinneapolis, MN
People
Population (2025)286,233430,324
Growth since 2020+4.2%+0.1%
People per square mile3,4237,969
Median age31.833.4
Bachelor's degree or higher60%56%
Money and housing
Median household income$78,050$80,846
Median home value$372,900$362,200
Home value to income4.8×4.5×
Median rent (with utilities)$1,413$1,371
Metro price level (US = 100)97.3104.8
Housing price level (US = 100)99.7111.8
$75,000 elsewhere equals$73,000$78,600
Homeowners46%48%
Top state income tax7.65%9.85%
Combined sales tax5.72%8.14%
Work and commute
Average commute (minutes)19.422.0
Work from home21%26%
Take public transit5%7%
Unemployment (2020-24 avg)2.7%5.9%
Poverty rate16.4%16%
Weather
January high / low27° / 12°24° / 9°
July high / low82° / 62°83° / 65°
Precipitation per year37 in32 in
Snowfall per year52 in51 in
Days 90°F or hotter913
Nights below freezing147147
Comfortable months34
Risks, air and home prices
Natural hazard risk (FEMA, county)Relatively ModerateRelatively High
FEMA risk score (lower is safer)93.998.3
Good air days, 202566%55%
Home prices, past year+4.9%+2.6%
Home prices, past 5 years+49%+27.3%

Highlighted cells are the better value where "better" is clear (lower prices, higher income, shorter commutes). Sources: Census Bureau 2025 estimates and ACS 2020-2024, BEA 2024, NOAA 1991-2020, Tax Foundation 2026.

Weather, month by month

0°10°20°30°40°50°60°70°80°90°JanFebMarAprMayJunJulAugSepOctNovDec
Madison Minneapolis. Solid lines are average highs, dashed lines average lows (°F), NOAA 1991-2020 normals.

Most comfortable months: Madison: May and August to September. Minneapolis: May and July to September.

Full monthly tables: Madison weather by month and Minneapolis weather by month.

What $75,000 is worth

A $75,000 salary in an average-priced US city buys about the same as $73,000 in Madison and $78,600 in Minneapolis. Moving from Madison to Minneapolis, you would need about $80,800 to match a $75,000 salary.

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Moving between Madison and Minneapolis

448people moved from Dane County, WI to Hennepin County, MN in a year
282moved the other way

IRS county-to-county migration, 2022 to 2023 tax years, for the counties that contain each city. See where else people move from Madison and Minneapolis.

Which would you pick?

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