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Cost of Living in Shorewood, MN

2025 Affordability Data & Housing Costs

131.5

Cost of Living Index (100 = US Average)

Very Expensive

Median Home Value

$684,500

Owner-occupied homes (2023 ACS)

Median Household Income

$172,325

Annual (2023 ACS)

Housing Costs

The median home value in Shorewood is $684,500, which is higher than the national average. The home price-to-income ratio is 4.0, indicating strong affordability.

Income & Purchasing Power

The median household income in Shorewood is $172,325 annually.

Compare with Other Cities

View all cities in Minnesota

Frequently Asked Questions

What is the cost of living index in Shorewood, MN?

The COL index is 131.5, which is higher than the US average of 100.

What is the median home value in Shorewood?

The median home value is $684,500.

What is the median rent in Shorewood?

Data not available.

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