ElderCareCost

Elder Care Cost: Minneapolis, MN vs Tampa, FL (2026)

Tampa, FL assisted living runs $4,600/month — $100/month less than Minneapolis, MN's $4,700/month. That's $1,200/year.

Minneapolis, MN, MN

$4,700

assisted living/month

+$200 vs national avg

Tampa, FL, FL

$4,600

assisted living/month

+$100 vs national avg

Minneapolis, MN vs Tampa, FL — All Care Types

Monthly costs. Green = lower cost. National average shown for context.

Care Type Minneapolis, MN Tampa, FL
Assisted Living $4,700/mo $4,600/mo
Nursing Home (Private) $11,000/mo $10,300/mo
In-Home Aide $6,100/mo $5,500/mo
Memory Care $6,700/mo $6,400/mo
Adult Day Care $1,800/mo $1,800/mo

Source: Genworth/CareScout Cost of Care Survey. 2026 estimates.

Annual Cost Impact

For assisted living, Tampa, FL costs $55,200/year vs Minneapolis, MN's $56,400/year.

Monthly savings

$100

Annual savings

$1,200

2-year total savings

$2,400

% difference

2%

Savings = Minneapolis, MN cost minus Tampa, FL cost. Assisted living only.

Overall, Tampa, FL is more affordable — lower cost on 4 of 5 care types.

Frequently Asked Questions

Is elder care cheaper in Minneapolis, MN or Tampa, FL?

Tampa, FL has lower assisted living costs at $4,600/month vs. $4,700/month in Minneapolis, MN — a difference of $100/month ($1,200/year).

What types of elder care are compared here?

This page compares five common senior care types: assisted living, nursing home (private room), in-home aide (44 hrs/week), memory care, and adult day care. These cover the full range from part-time supervision to full residential skilled nursing care.

How do these cities compare to the national average?

The national average for assisted living is $4,500/month. Minneapolis, MN is $200 above the national average. Tampa, FL is $100 above the national average.