Cost of Living in Shorewood, MN
Overall index: 174 (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 | 197 | +97% | $1,469 |
| Transportation | 102 | +2% | $3.50 |
| Food | 231 | +131% | $947 |
| Utilities | 149 | +49% | $355 |
| Healthcare | 149 | +49% | $256 |
Index 100 = US national average. Higher = more expensive.
Cost breakdown (visual)
Salary Calculator: What do you need to earn in Shorewood?
A single adult living comfortably in Shorewood, MN needs approximately $60,900 / year after taxes.
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Frequently Asked Questions
What is the cost of living in Shorewood, MN?
The overall cost of living in Shorewood, MN is 74% higher than the US national average (index: 174 where 100 = national average).
How much is rent in Shorewood, MN?
Average rent for a 1-bedroom apartment in Shorewood, MN is about $1,469/month.
Is Shorewood, MN expensive to live in?
Yes, Shorewood, MN is considered expensive (index above national average).
What salary do I need to live in Shorewood, MN?
A single adult needs roughly $60,900/year to cover basic living costs in Shorewood, MN.