Minneapolis is not cheap just because it is in the Midwest
Minneapolis can still be a value compared with larger coastal metros, but it is not bargain-city territory if you want one of the neighborhoods people get excited about. The better question is whether the city gives you enough daily value through parks, trails, job access, airport access, and neighborhood life to justify the cost.
Many people who want easier ownership, stronger school-targeting, bigger lots, and simpler parking eventually compare Minneapolis proper with close-in suburbs.