Cost of Living in Hopkins, MN
Overall index: 100 (100 = US national average). Data source: US Census ACS 2023 & BLS OEWS 2025, 2025.
Overall Cost of Living Index
Cost Breakdown by Category
| Category | Index | vs US avg | Sample cost |
|---|---|---|---|
| Housing | 101 | +1% | $942 |
| Transportation | 103 | +3% | $3.50 |
| Food | 95 | -5% | $390 |
| Utilities | 101 | +1% | $182 |
| Healthcare | 101 | +1% | $131 |
Index 100 = US national average. Higher = more expensive.
Cost breakdown (visual)
Salary Calculator: What do you need to earn in Hopkins?
A single adult living comfortably in Hopkins, MN needs approximately $35,000 / year after taxes.
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Frequently Asked Questions
What is the cost of living in Hopkins, MN?
The overall cost of living in Hopkins, MN is 0% lower than the US national average (index: 100 where 100 = national average).
How much is rent in Hopkins, MN?
Average rent for a 1-bedroom apartment in Hopkins, MN is about $942/month.
Is Hopkins, MN expensive to live in?
Costs in Hopkins, MN are roughly in line with the national average.
What salary do I need to live in Hopkins, MN?
A single adult needs roughly $35,000/year to cover basic living costs in Hopkins, MN.