Zip 55347 (Eden Prairie, MN) Cost of Living


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How much do I need to live in Eden Prairie, Minnesota?
$7,740 / month
for a family, 43.3% more expensive than the national average A total of $92,880 for the year for a family.
$5,467 / month
for a single person, 14.7% more expensive than the national average A total of $65,600 for the year for a single person.

Eden Prairie cost of living score
107.2
More expensive
7.2% higher
than the US average
10.3% higher
than the Minnesota average
Eden Prairie (zip 55347), Minnesota gets a BestPlaces Cost of Living score of 107.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 7.2% higher than the U.S. average and 10.3% higher than the average for Minnesota.

Zip 55347 (Eden Prairie, MN)

Housing costs in Eden Prairie?
A typical home costs $484,200, which is 43.2% more expensive than the national average of $338,100 and 56.4% more expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Eden Prairie costs $2,010 per month, which is 62.1% more than the national average of $1,240 and 30.3% more than the state average of $1,400.

Can I afford Eden Prairie?
To live comfortably in Eden Prairie (zip 55347), Minnesota, a minimum annual income of $92,880 for a family, and $65,600 for a single person is recommended.

What does A.I. say about Eden Prairie?
The cost of living in 55347 Eden Prairie, MN is relatively high compared to the national average. The median home price in this zip code is about $392,000, nearly double the national median. Groceries, healthcare and utilities are also more expensive than the national average. However, the area offers a great quality of life with access to excellent schools and plenty of recreational options. The cost of living may be higher than some other areas but the overall value makes it a great place to live.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesEden PrairieMinnesotaUnited States
    Unlock97.2100.0
  105.5  Unlock100.0
    Unlock78.3100.0
  167.8  Unlock100.0
    Unlock$309,500$338,100
  97.0  Unlock100.0
    Unlock96.4100.0
  144.9  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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