Eden Prairie, MN

Yes — Eden Prairie is about 27% more expensive than the national average, with an overall Cost Index of 127. Housing is the biggest factor: the typical home here is valued around $491,990, and monthly rents average roughly $1,761. Day-to-day costs like groceries and utilities tend to run closer to the national norm.

Start with housing. Typical monthly rent is $1,761, while local median household income is $127,732. That implies a rent-burden proxy of about 17% before utilities and other costs. For a specific job offer, filing status, or take-home pay scenario, use salary.city.

Minnesota has a progressive state income tax with a top rate of 9.85%. The effective property tax rate is 1.11%. On a home worth $491,990, that translates to roughly $5,461 per year in property taxes. Sales tax (state + local) averages around 7.54% on everyday purchases.

The typical monthly rent in Eden Prairie is around $1,761. That's about 31% higher than the $1,348 national median. For comparison, the median home value here is $491,990, so buyers should also factor in mortgage payments, property taxes, and insurance.

The median home in Eden Prairie is valued at $491,990. With 20% down and a 6.5% mortgage rate, you'd be looking at roughly $2,488/month for principal and interest alone — before property taxes and insurance. About 76% of residents here own their homes.

Grocery prices in Eden Prairie are about average compared to the rest of the US (index: 103, where 100 is the national average). Utility bills (electricity, gas, water) are about typical (index: 93). Overall, these everyday costs shouldn't cause major surprises if you're moving from another similarly-sized US city.

Eden Prairie is a smaller city with a population of about 63,249. The median age of residents is 40.5, which is close to the national median. The local poverty rate is 5.96%, well below the national average of 12.4%.