| Index | Eden Prairie | Minnesota | National |
| Cost of living | 127 | 100 | 100 |
| Groceries | 98 | 100 | 100 |
| Health care | 100 | 100 | 100 |
| Housing | 192 | 100 | 100 |
| Transportation | 97 | 100 | 100 |
| Utilities | 103 | 104 | 100 |
| Lifestyle & Entertainment | 104 | 100 | 100 |
| Household Items | 99 | 100 | 100 |
| Education & Childcare | 97 | 99 | 100 |
Knowing the cost of living in Eden Prairie allows individuals to create a realistic budget. This helps them understand how their income will cover expenses and whether they need to make financial adjustments. The cost of living in any region can fluctuate due to various factors. To assess the cost of living consistently across different areas, a national average of 100 serves as the basis for the cost of living index. The cost of living in Eden Prairie stands at 127, marking it 27% higher than the national average.
If you value affordability in your search for a new place to live, Eden Prairie may not be the most suitable option, as it stands out as one of the priciest areas in the entire United States. Only a small fraction of regions have a cost of living that is more than 20% higher than the national average, and regrettably, Eden Prairie falls into this category, which may not align with your desire for an affordable place to call home.
Housing costs make up a big chunk of the cost of living in Eden Prairie, and they usually eat into a large part of your take-home pay. Unfortunately, in this area, both buying a home and renting one costs 91.6% more than the average city. This includes stuff like home prices, rent, mortgage rates, and insurance.
Is Eden Prairie affordable? It's a key consideration when pondering a move, as affordability often shapes your choices. The cost of living index (we discussed it earlier), coupled with housing costs and income levels, serves as the cornerstone for determining a location's affordability. Take Eden Prairie, for instance, where the median home price falls 108.5% higher than the national average, and monthly rent rates are 52% higher than usual. Additionally, median income levels contribute to the equation, with Eden Prairie flaunting a median household income of $169,320, 108.2% higher than the national norm.
Groceries: Grocery prices have seen substantial hikes in the last 2-3 years, with some markets witnessing food cost increases of over 20% during this period. Conversely, certain markets have experienced only moderate upticks. These variations in food expenses can have a substantial impact on the overall cost of living in any locality. In Eden Prairie, the groceries index is 2.1% lower than the national average.
Housing: Elevated demand for housing within coveted locales has the propensity to escalate both property values and rental rates, thereby serving as a primary catalyst for an augmented cost of living. Conversely, areas witnessing diminished housing demand, particularly within less desirable environs, often experience an inversely proportional effect, leading to price reductions and subsequently contributing to a more modest cost of living. In Eden Prairie, the housing index is 91.6% higher than the national average.
Utilities: Similar to the prices of any goods or services, utility expenses can fluctuate widely, contingent on variables such as climate, available energy sources, geographical location and state regulations. Costs associated with electricity, water, heating, and waste disposal can differ in magnitude, depending on the specific city or state. In Eden Prairie, the utilities index registers at 2.7% higher than the national average.
The Eden Prairie cost of living data above is designed around a U.S. average baseline of 100, allowing for easy comparisons of relative living costs. Housing incorporates U.S. Census home price and rental data, while all other figures are AI-assisted estimates that account for regional price trends, climate, transportation dynamics, and common everyday expenses. These values are best used as directional city-to-city comparisons.
| Cost of living index | |
| Groceries index | |
| Health care index | |
| Housing index | |
| Transportation index | |
| Utilities index | |
| Lifestyle index | |
| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $197,971 | $16,498 | $4,619 | $5,940 |
| Renters | $101,328 | $8,444 | $2,364 | $3,040 |
| State | General Sales Tax | With Max Surtax |
| Minnesota | 6.875% | 7.875% |
| State | Income Tax (Low) | Income Tax (High) |
| Minnesota | 5.35% | 9.85% |
| City | Population | Cost of Living Index | National Avg. |
| Hilltop, MN | 1,045 | 80 | 20.0% |
| St. Anthony city (Stearns County), MN | 108 | 84 | 16.4% |
| Columbia Heights, MN | 21,019 | 102 | 1.9% |
| Robbinsdale, MN | 14,767 | 103 | 3.3% |
| Crystal, MN | 23,618 | 105 | 4.8% |
| Eden Prairie, MN | 65,950 | 127 | 26.9% |
| City | Population | Cost of Living Index | National Avg. |
| South Hill, WA | 66,102 | 132 | 31.7% |
| Castro Valley, CA | 66,114 | 194 | 93.8% |
| Tulare, CA | 66,114 | 117 | 17.2% |
| Youngstown, OH | 65,739 | 78 | 22.4% |
| Pflugerville, TX | 65,733 | 111 | 11.5% |
| Eden Prairie, MN | 65,950 | 127 | 26.9% |
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