2025 affordability guide — compare housing costs, rental prices, and living expenses across 723 cities in Minnesota.
Average median home value across Minnesota cities.
Rental data covers median monthly rent for tracked cities in Minnesota.
COL index 95.7 vs. national average of 100. Your dollar goes further here.
Quick look at the cost extremes across Minnesota.
Sorted from most expensive to most affordable. Click any city for a detailed breakdown with housing, rental, and income data.
| # | City | COL Index | Affordability | Median Home | Median Rent |
|---|---|---|---|---|---|
| 1 | Minnetonka Beach | 230.3 | Very Expensive | $2,000,001 | N/A |
| 2 | Woodland | 171.8 | Very Expensive | $1,220,600 | N/A |
| 3 | Sunfish Lake | 163.4 | Very Expensive | $1,109,000 | N/A |
| 4 | Wayzata | 158.7 | Very Expensive | $1,047,400 | N/A |
| 5 | Greenwood | 158.3 | Very Expensive | $1,041,700 | N/A |
| 6 | Medicine Lake | 156.3 | Very Expensive | $1,014,500 | N/A |
| 7 | Orono | 151.6 | Very Expensive | $952,400 | N/A |
| 8 | Tonka Bay | 145.4 | Very Expensive | $869,900 | N/A |
| 9 | Excelsior | 143.1 | Very Expensive | $839,500 | N/A |
| 10 | Independence | 137.0 | Very Expensive | $757,800 | N/A |
| 11 | North Oaks | 136.9 | Very Expensive | $756,300 | N/A |
| 12 | Shorewood | 131.5 | Very Expensive | $684,500 | N/A |
| 13 | Medina | 129.7 | Very Expensive | $660,800 | N/A |
| 14 | Afton | 129.3 | Very Expensive | $655,400 | N/A |
| 15 | Minnetrista | 127.0 | Very Expensive | $624,600 | N/A |
| 16 | Edina | 126.9 | Very Expensive | $624,000 | N/A |
| 17 | Grant | 126.8 | Very Expensive | $622,000 | N/A |
| 18 | Pine Springs | 126.1 | Very Expensive | $613,600 | N/A |
| 19 | Spring Park | 125.0 | Very Expensive | $598,400 | N/A |
| 20 | Lake Elmo | 124.3 | Very Expensive | $588,900 | N/A |
Complete directory of every tracked city and town. Filter or scroll to find yours.
States like Mississippi, Oklahoma, and Kansas typically have lower costs of living compared to coastal states.
RPP (Regional Price Parity) measures the price level for all items. COL Index combines RPP, housing, and rental data for a comprehensive comparison.
Data: BEA Regional Price Parities, U.S. Census Bureau ACS, HUD Fair Market Rents. Our Methodology · Data Sources