Cost of Living in Shakopee, MN
Overall index: 111 (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 | 104 | +4% | $1,047 |
| Transportation | 100 | +0% | $3.50 |
| Food | 149 | +49% | $611 |
| Utilities | 102 | +2% | $187 |
| Healthcare | 102 | +2% | $135 |
Index 100 = US national average. Higher = more expensive.
Cost breakdown (visual)
Salary Calculator: What do you need to earn in Shakopee?
A single adult living comfortably in Shakopee, MN needs approximately $38,850 / year after taxes.
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Frequently Asked Questions
What is the cost of living in Shakopee, MN?
The overall cost of living in Shakopee, MN is 11% higher than the US national average (index: 111 where 100 = national average).
How much is rent in Shakopee, MN?
Average rent for a 1-bedroom apartment in Shakopee, MN is about $1,047/month.
Is Shakopee, MN expensive to live in?
Yes, Shakopee, MN is considered expensive (index above national average).
What salary do I need to live in Shakopee, MN?
A single adult needs roughly $38,850/year to cover basic living costs in Shakopee, MN.