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Data from U.S. Census Bureau · 2026 · Methodology
CitySpend

Minneapolis, MN vs New York, NY

Side-by-side fiscal comparison · U.S. Census Bureau data (2023)

Reviewed by CitySpend Editorial Team · Updated

New York, NY outspends Minneapolis, MN by a wide margin per resident — $129,119 versus $21,910, a 489% difference. A gap this size usually reflects a structurally different service mix or accounting scope rather than a single line item.

Minneapolis, MN edges New York, NY on the Fiscal Health Score by 1 points — 65/100 (grade B) to 64/100 (grade C). At a margin this narrow the grade is close enough that the factor-level detail matters more than the composite.

On debt, New York, NY carries the lighter load at $462 per resident versus $644 for Minneapolis, MN. Their budgets diverge on where the largest per-resident dollars go: Minneapolis, MN leads with parks and recreation at $3,486 per resident, while New York, NY leads with education at $37,892.

They also fund themselves differently: other revenue is the largest single revenue source in Minneapolis, MN at 17% of total revenue, whereas New York, NY relies most on intergovernmental transfers at 14%.

Summary

New York spends 83.0% more per capita than Minneapolis ($107,210/person difference). Minneapolis, MN has the stronger Fiscal Health Score (B, 65/100).

Fiscal Health Score

City A
Minneapolis, MN
Pop. 426,877
B
65/100
Budget Balance17
Debt Burden91
Pension Funding76
Spending Efficiency80
Revenue Diversity100
Trend Direction50
City B
New York, NY
Pop. 8,622,467
C
64/100
Budget Balance55
Debt Burden100
Pension Funding76
Spending Efficiency0
Revenue Diversity100
Trend Direction50

Key Metrics

Metric
Minneapolis
New York
Total Spending
$9.4B
$1113.3B
Spending / Capita
$21,910
$129,119
Total Revenue
$8.2B
$1271.6B
Revenue / Capita
$19,159
$147,477
Total Debt
$274.8M
$4.0B
Debt / Capita
$644
$462
Population
426,877
8,622,467
Gov Employees / 10K
0.0
0.0
Avg Gov Salary
$0
$0

Per Capita Spending by Department

Police
Minneapolis$0
New York$1,512
Fire Protection
Minneapolis$683
New York$11,050
Highways & Roads
Minneapolis$221
New York$221
Parks & Recreation
Minneapolis$3,486
New York$868
Education
Minneapolis$0
New York$37,892
Health
Minneapolis$0
New York$417

Revenue Breakdown (Per Capita)

MinneapolisNew York
Property Tax
$0
$5
Sales Tax
$1,989
$399
Income Tax
$994
$19
Intergovernmental
$2,929
$20,520
Charges & Fees
$2,040
$1,835
Other
$3,254
$3,593

Spending Breakdown (Per Capita)

MinneapolisNew York
Police
$0
$1,512
Fire Protection
$683
$11,050
Highways & Roads
$221
$221
Education
$0
$37,892
Public Welfare
$1,500
$1,116
Health
$0
$417
Hospitals
$0
$6,467
Parks & Recreation
$3,486
$868
Housing
$4,133
$7,137
Sewerage
$570
$315
Utilities
$2,398
$13,371
Interest on Debt
$0
$11,706
General Admin
$0
$11,668
Other
$8,919
$25,380
B
Minneapolis, MN
Fiscal Health Score: 65/100
Good fiscal health
C
New York, NY
Fiscal Health Score: 64/100
Average fiscal health

Compare More Cities

Source: Census Annual Survey of State and Local Government Finances, 2026.