Eden Prairie, MN Cost Of Living
Cost Of Living In Eden Prairie, MN Summary
Cost of living in Eden Prairie research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Eden Prairie is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Minnesota, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Eden Prairie is 121, with 100 being the average.
The cost of living index in Eden Prairie is 1.2x higher than the national average.
Eden Prairie ranks as the #133 cheapest in Minnesota out of 147.
Eden Prairie ranks as the #4,857 cheapest out of 6,412 in the US.
The median home value in Eden Prairie is $383,300.
The median income in Eden Prairie is $120,170.
Table Of Contents
Eden Prairie's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Eden Prairie, MN?
According to the most recent data on the cost of living, Eden Prairie has an overall cost of living index of 121, which is 1.2x higher than the national index of 100.
Compared to Minnesota, Eden Prairie has a cost of living index that's 1.3x higher than Minnesota's index of 95.
The standard of living in Eden Prairie ranks as #133 most affordable out of the 147 places we measured in Minnesota. By definition, that implies Eden Prairie ranks as the #14 most expensive place in the North Star State.
For more reading on life in Eden Prairie, check out:
- Living In Eden Prairie
- Eden Prairie Crime Report
- Search Homes For Sale In Eden Prairie, MN
In Minnesota
In America
Eden Prairie Cost Of Living Vs. Minnesota
Six factors go into calculating the cost of living index in Eden Prairie. Here is how it fairs on each of the criteria:
The Services index in Eden Prairie is 113.
The Groceries index in Eden Prairie is 103.
The Health index in Eden Prairie is 103.
The Housing index in Eden Prairie is 161.
The Transportation index in Eden Prairie is 99.
The Utilities index in Eden Prairie is 95.
| Living Expense | Eden Prairie | Minnesota | National Average | |
|---|---|---|---|---|
| Overall | 121 | 95 | 100 | |
| Services | 113 | 101 | 100 | |
| Groceries | 103 | 98 | 100 | |
| Health | 103 | 111 | 100 | |
| Housing | 161 | 83 | 100 | |
| Transportation | 99 | 98 | 100 | |
| Utilities | 95 | 95 | 100 | |
Eden Prairie, MN Housing Cost Breakdown
Housing swings affordability the most between places in Minnesota, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Eden Prairie is $383,300.
The Median Rent in Eden Prairie is $1,516.
The Median Income in Eden Prairie is $120,170.
The Home Value To Income in Eden Prairie is 3.2x.
The Rent To Monthly Income in Eden Prairie is 0.15x.
| Statistic | Eden Prairie | Minnesota | United States |
|---|---|---|---|
| Median Home Value | $383,300 | $250,200 | $244,900 |
| Median Rent | $1,516 | $1,081 | $1,163 |
| Median Income | $120,170 | $77,706 | $69,021 |
| Home Value To Income | 3.2x | 3.2x | 3.5x |
| Rent To Monthly Income | 0.15x | 0.17x | 0.2x |
Median Home Value
Median Rent
Median Income
Eden Prairie, MN Costs By Category
Detailed Eden Prairie Services Costs Vs. Minnesota
| Item | Eden Prairie | Minnesota |
|---|---|---|
| Shampoo | $1.09 | $1.06 |
| Movie | $9.96 | $10.68 |
| Bowling | $22.57 | $14.67 |
| Haircut | $24.2 | $18.62 |
| Beauty Salon | $34.39 | $39.05 |
Detailed Eden Prairie Groceries Costs Vs. Minnesota
| Item | Eden Prairie | Minnesota |
|---|---|---|
| Ground Beef | $4.4 | $4.22 |
| Fried Chicken | $2.1 | $1.39 |
| Milk | $2.6 | $2.05 |
| Potatoes | $3.32 | $3.29 |
| Pizza | $12.99 | $10.62 |
| Beer | $8.96 | $9.38 |
| Toothpaste | $3.36 | $2.34 |
Detailed Eden Prairie Health Costs Vs. Minnesota
| Item | Eden Prairie | Minnesota |
|---|---|---|
| Optometrist | $89.59 | $108.57 |
| Doctor | $147.85 | $116.17 |
| Dentist | $86.94 | $99.13 |
Detailed Eden Prairie Transportation Costs Vs. Minnesota
| Item | Eden Prairie | Minnesota |
|---|---|---|
| Gasoline | $2.06 | $2.22 |
| Tire Balancing | $58.37 | $50.07 |
Detailed Eden Prairie Utilities Costs Vs. Minnesota
| Item | Eden Prairie | Minnesota |
|---|---|---|
| All Electricity | $160.63 | $167.67 |
| Phone | $180.98 | $175.64 |
Eden Prairie SnackAbility
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Cost Of Living In Cities Around Eden Prairie
The cost of living varies in the cities and towns around Eden Prairie. Here's a quick look at the cost of living in the most populous nearby places:
Bloomington, MN has a cost of living index of 107, 0.9x Eden Prairie.
Plymouth, MN has a cost of living index of 122, 1.0x Eden Prairie.
Maple Grove, MN has a cost of living index of 117, 1.0x Eden Prairie.
| City | Population | Cost Of Living | Vs. Eden Prairie |
|---|---|---|---|
| Bloomington, MN | 89,436 | 107 | 0.9x |
| Plymouth, MN | 80,034 | 122 | 1.0x |
| Maple Grove, MN | 69,900 | 117 | 1.0x |
| Lakeville, MN | 69,026 | 116 | 1.0x |
| Apple Valley, MN | 55,237 | 112 | 0.9x |
| Minnetonka, MN | 53,809 | 121 | 1.0x |
| Edina, MN | 53,059 | 135 | 1.1x |
| Shakopee, MN | 43,396 | 108 | 0.9x |
| Chanhassen, MN | 25,646 | 125 | 1.0x |
| Golden Valley, MN | 22,247 | 116 | 1.0x |
