How Much Does Car Insurance Cost in Minneapolis, MN?
Average annual car insurance premium. Updated March 2026 with data from BLS, U.S. Census Bureau, and industry surveys.
Typical Cost Range
$1.272 – $3.180
+6% vs national average
$1.272$2.226$3.180
LowNational avg: $2.100High
Minneapolis vs State & National Average
| Category | Minneapolis | Minnesota Avg | National Avg |
|---|---|---|---|
| Average cost | $2.226 | $2.220 | $2.100 |
| Low estimate | $1.272 | $1.665 | $1.575 |
| High estimate | $3.180 | $2.886 | $2.730 |
Detailed Cost Breakdown
| Item | Low | High | |
|---|---|---|---|
| Liability only | $424 | $954 | per year |
| Full coverage | $1.272 | $3.180 | per year |
| Good driver discount | $-212 | $-530 | savings |
| Young driver surcharge | $530 | $2.120 | additional |
Car Insurance in Nearby Cities
Frequently Asked Questions
How much does car insurance cost in Minneapolis?
In Minneapolis, MN, car insurance typically costs between $1.272 and $3.180. The average is $2.226, which is 6% above the national average.
Is Minneapolis expensive for car insurance?
Minneapolis has a cost-of-living index of 106 (100 = national average). Car Insurance costs are 6% higher than the national average of $2.100.
What factors affect car insurance costs in Minneapolis?
Key factors include local labor costs, cost of materials, market competition, Minnesota state regulations, and Minneapolis's overall cost of living (index: 106/100). Prices can also vary by season and specific requirements.