I think engineering is the hardest major to get into at MN. Not sure how they compare to each other, though. You might Google to see if you can find average test scores for the engineering programs at both schools. That could be more helpful to see than acceptance percentages.
I do think engineers from MN do just fine in the job market, I don’t think the difference between the programs is huge. I’d go for the less expensive option unless money is not a factor.