Cost of Living: Minnetonka, MN vs Bloomington, MN
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,119/mo in Minnetonka, MN versus $4,119/mo in Bloomington, MN. In the model, rent is about 25.61% of gross in Minnetonka, MN versus 22.23% in Bloomington, MN, so Bloomington, MN tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Minnetonka, MN and Bloomington, MN.
At a glance
- Cheaper overall (lower cost-of-living index): Bloomington, MN
- Lower rent (median 1BR/2BR): Bloomington, MN
- Lower home prices: Bloomington, MN
- Higher median household income: Minnetonka, MN
Cost of Living Index
Minnetonka, MN: 100 (U.S. = 100) · Bloomington, MN: 100 (U.S. = 100)
Both cities have the same cost-of-living index (U.S. average = 100).
Median Rent
Minnetonka, MN: $1,670/mo (midpoint of 1BR/2BR) · Bloomington, MN: $1,450/mo
Median rent in Minnetonka, MN is $220/mo higher than in Bloomington, MN.
Median Home Price
Minnetonka, MN: $456,200 · Bloomington, MN: $346,200
Median home price in Minnetonka, MN is $110,000 higher than in Bloomington, MN.
Median Household Income
Minnetonka, MN: $120,496 · Bloomington, MN: $90,677
Minnetonka, MN has a higher median household income than Bloomington, MN by $29,819.
Minnetonka, MN overview · Bloomington, MN overview · Popular comparisons