Minneapolis vs Troy

The short version

  • Troy is cheaper overall: prices in its metro run 4% lower than in the Minneapolis area (BEA 2024).
  • The median home costs $362,200 in Minneapolis and $420,300 in Troy.
  • Households earn more in Troy ($120,045 vs $80,846 median).
  • Troy has the warmer winter: January highs of 31°F vs 24°F.
  • Minneapolis gets far more snow: 51 inches a year vs 36.

Side by side

Minneapolis, MNTroy, MI
People
Population (2025)430,32488,733
Growth since 2020+0.1%+1.6%
People per square mile7,9692,653
Median age33.442.0
Bachelor's degree or higher56%65%
Money and housing
Median household income$80,846$120,045
Median home value$362,200$420,300
Home value to income4.5×3.5×
Median rent (with utilities)$1,371$1,602
Metro price level (US = 100)104.8100.3
Housing price level (US = 100)111.894.7
$75,000 elsewhere equals$78,600$75,200
Homeowners48%73%
Top state income tax9.85%4.25%
Combined sales tax8.14%6%
Work and commute
Average commute (minutes)22.023.7
Work from home26%23%
Take public transit7%0%
Unemployment (2020-24 avg)5.9%4.4%
Poverty rate16%5.4%
Weather
January high / low24° / 9°31° / 17°
July high / low83° / 65°82° / 63°
Precipitation per year32 in34 in
Snowfall per year51 in36 in
Days 90°F or hotter1310
Nights below freezing147135
Comfortable months45
Risks, air and home prices
Natural hazard risk (FEMA, county)Relatively HighRelatively High
FEMA risk score (lower is safer)98.397.5
Good air days, 202555%36%
Home prices, past year+2.6%+4.4%
Home prices, past 5 years+27.3%+39.6%

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
Minneapolis Troy. Solid lines are average highs, dashed lines average lows (°F), NOAA 1991-2020 normals.

Most comfortable months: Minneapolis: May and July to September. Troy: May to September.

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

What $75,000 is worth

A $75,000 salary in an average-priced US city buys about the same as $78,600 in Minneapolis and $75,200 in Troy. Moving from Minneapolis to Troy, you would need about $71,800 to match a $75,000 salary.

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Moving between Minneapolis and Troy

70people moved from Hennepin County, MN to Oakland County, MI in a year
104moved 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 Minneapolis and Troy.

Which would you pick?

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