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Cost of Living in Shakopee, MN

115.9
Above Average · National average is 100

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$103,924
Median Income
$1,417/mo
Median Rent
$348,300
Median Home
44,135
Population

Cost Breakdown

🏠Housing
127.6
0Nat'l Avg (100)200
🛒Groceries
119.6
0Nat'l Avg (100)200
🚗Transportation
113.9
0Nat'l Avg (100)200
🏥Healthcare
112.4
0Nat'l Avg (100)200
⚡Utilities
109.3
0Nat'l Avg (100)200

Fair Market Rents (HUD)

Some values estimated
Studio1 BR2 BR3 BR4 BR
$1,105
est.
$1,247
est.
$1,417$1,814
est.
$2,069
est.

Est. values are derived from the census median rent using national HUD bedroom ratios. Actual HUD Fair Market Rents may differ.

Nearby Cities

Compare Shakopee with cities in the area

Prior Lake, MN
Expensive
123.3
Eden Prairie, MN
Expensive
137
Savage, MN
Expensive
124.9
Chanhassen, MN
Expensive
141.9
Chaska, MN
Above Average
116.6
Credit River, MN
Expensive
125.5
Compare Shakopee vs Prior LakeCompare Shakopee vs Eden PrairieCompare Shakopee vs Savage