Is Seward Expensive?

Minneapolis, United States

-12% vs Minneapolis avg

Living in Seward, Minneapolis

Seward is one of the most affordable neighborhoods in Minneapolis, with a cost of living index of 54.0 — that is -12% compared to the Minneapolis average. Ranked #23 of 30, it offers some of the lowest costs in the city. Estimated rent for a one-bedroom apartment here is around $1,364/month, compared to a range of $1,116 in Brooklyn Park to $2,015 in Kenwood.

Monthly Budget Breakdown

For a typical resident of Seward, housing takes up roughly 40% of monthly expenses. Food and groceries account for about 15%, while transportation costs around 8%. To live comfortably here — meaning rent stays at or below 30% of gross income — you would need an annual salary of approximately $54,560 before tax.

Typical Salaries in Seward

Salaries in Seward reflect the local cost of living. Based on the neighborhood COLI of 54.0:

After tax and deductions of 26.9% in United States, take-home pay for someone earning $54,560 would be roughly $39,883/year. Use the salary converter to calculate an exact figure for your situation, including expat-specific tax adjustments.

Key Stats

54.0
COLI Index
0.88x
vs City Avg
$1,364
Est. 1BR Rent
#23
of 30 Areas
26.9%
Total Deductions

Tax & Deductions in Seward

Estimated annual deductions on a $40,500 salary in Seward, Minneapolis (local employee).

Income Tax
11%
Social Security + Medicare (FICA)
7.6%
State Income Tax (MN)
7.85%
Total Deductions: 26.9%
Est. Take-Home: $29,594/yr

Rates shown are for a local employee. Use the salary converter for expat calculations.

Salary Equivalents

What a $75,000 USD salary in Seward would need to be elsewhere:

City Currency Equivalent
New York USD $40,500
London GBP £34,854
Dubai AED AED 202,653

Other Neighborhoods in Minneapolis

Neighborhood COLI Multiplier vs Avg
Kenwood 79.8 1.30x +30%
Edina 78.6 1.28x +28%
North Loop 76.8 1.25x +25%
Linden Hills 74.9 1.22x +22%
Lowry Hill 73.7 1.20x +20%

View all 30 neighborhoods in Minneapolis →

Convert Your Salary

See exactly what you need to earn in Seward, Minneapolis to maintain your lifestyle.

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Similar Neighborhoods Worldwide

Neighborhoods with a similar cost of living to Seward:

Morley, Perth Innaloo, Perth Apex, Raleigh West Raleigh, Raleigh Berg am Laim, Munich Trudering, Munich

Frequently Asked Questions

Is Seward expensive in Minneapolis?

Seward is one of the more affordable neighborhoods in Minneapolis. It costs about -12% less than the city average, ranking #23 out of 30 neighborhoods.

How does Seward compare to the Minneapolis average?

The cost of living in Seward is below the Minneapolis average. With a multiplier of 0.88x, everyday expenses including rent, food, and transportation are -12% compared to the city baseline.

Data Sources: Cost of living indices based on crowd-sourced price data and official statistics. Tax calculations follow 2026 rates. Sources include U.S. Bureau of Labor Statistics · U.S. Census Bureau · OECD Better Life Index. Figures are estimates and may vary based on individual circumstances.