Cost of Living in Minnetonka, MN
Overall index: 127 (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 | 131 | +31% | $1,231 |
| Transportation | 97 | -3% | $3.50 |
| Food | 161 | +61% | $660 |
| Utilities | 116 | +16% | $236 |
| Healthcare | 116 | +16% | $170 |
Index 100 = US national average. Higher = more expensive.
Cost breakdown (visual)
Salary Calculator: What do you need to earn in Minnetonka?
A single adult living comfortably in Minnetonka, MN needs approximately $44,450 / year after taxes.
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Frequently Asked Questions
What is the cost of living in Minnetonka, MN?
The overall cost of living in Minnetonka, MN is 27% higher than the US national average (index: 127 where 100 = national average).
How much is rent in Minnetonka, MN?
Average rent for a 1-bedroom apartment in Minnetonka, MN is about $1,231/month.
Is Minnetonka, MN expensive to live in?
Yes, Minnetonka, MN is considered expensive (index above national average).
What salary do I need to live in Minnetonka, MN?
A single adult needs roughly $44,450/year to cover basic living costs in Minnetonka, MN.