Cost of Living: Minneapolis, MN vs Shoreview, MN
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,119/mo in Minneapolis, MN versus $4,119/mo in Shoreview, MN. In the model, rent is about 24.87% of gross in Minneapolis, MN versus 21.89% in Shoreview, MN, so Shoreview, MN tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Minneapolis, MN and Shoreview, MN.
At a glance
- Cheaper overall (lower cost-of-living index): Minneapolis, MN
- Lower rent (median 1BR/2BR): Shoreview, MN
- Lower home prices: Minneapolis, MN
- Higher median household income: Shoreview, MN
Cost of Living Index
Minneapolis, MN: 98.2 (U.S. = 100) · Shoreview, MN: 100 (U.S. = 100)
Minneapolis, MN has a lower cost-of-living index than Shoreview, MN, so a given salary generally stretches further there.
Median Rent
Minneapolis, MN: $1,622/mo (midpoint of 1BR/2BR) · Shoreview, MN: $1,427/mo
Median rent in Minneapolis, MN is $195/mo higher than in Shoreview, MN.
Median Home Price
Minneapolis, MN: $327,500 · Shoreview, MN: $365,100
Median home price in Shoreview, MN is $37,600 higher than in Minneapolis, MN.
Median Household Income
Minneapolis, MN: $103,382 · Shoreview, MN: $109,399
Shoreview, MN has a higher median household income than Minneapolis, MN by $6,017.
Minneapolis, MN overview · Shoreview, MN overview · Popular comparisons