Edina, MN Cost Of Living

The latest cost of living statistics for Edina. Includes statistics on rent, mortgages, healthcare, and other costs for Edina compared to the state and national averages.

Cost of living in Edina, Minnesota

Cost of living in Edina research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Edina is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Minnesota, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

141 Cost of living index 1.4x higher vs US
#146 Cheapest in Minnesota (of 151)
#5,439 Cheapest in the U.S. (of 6,489)
$615,641 Median home value
$1,844 Median rent
$128,767 Median income
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What is the cost of living in Edina, MN?

According to the most recent data on the cost of living, Edina has an overall cost of living index of 141, which is 1.4x higher than the national index of 100.

Compared to Minnesota, Edina has a cost of living index that's 1.4x higher than Minnesota's index of 101.

The standard of living in Edina ranks as #146 most affordable out of the 151 places we measured in Minnesota. By definition, that implies Edina ranks as the #5 most expensive place in the North Star State.

For more reading on life in Edina, check out:

Edina Cost Of Living Vs. Minnesota

Six factors go into calculating the cost of living index in Edina. Here is how it fares on each of the criteria:

  • The Services index in Edina is 102.

  • The Groceries index in Edina is 100.

  • The Health index in Edina is 238.

  • The Housing index in Edina is 100.

  • The Transportation index in Edina is 104.

  • The Utilities index in Edina is 106.

Living Expense Edina Minnesota National Average
Overall 141 101 100
Services 102 101 100
Groceries 100 99 100
Health 238 99 100
Housing 100 101 100
Transportation 104 103 100
Utilities 106 101 100

Edina Cost Of Living Compared To Minnesota Averages

Services
Edina 102
Minnesota avg 101
Groceries
Edina 100
Minnesota avg 99
Health
Edina 238
Minnesota avg 99
Housing
Edina 100
Minnesota avg 101
Transportation
Edina 104
Minnesota avg 103
Utilities
Edina 106
Minnesota avg 101

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Minnesota, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Edina, MN Housing Cost Breakdown

$615,641Median Home Value
$1,844Median Rent
$128,767Median Income

Housing swings affordability the most between places in Minnesota, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:

  • The Median Home Value in Edina is $615,641.

  • The Median Rent in Edina is $1,844.

  • The Median Income in Edina is $128,767.

  • The Home Value To Income in Edina is 4.8x.

  • The Rent To Monthly Income in Edina is 0.17x.

Statistic Edina Minnesota United States
Median Home Value $615,641 $346,667 $332,700
Median Rent $1,844 $1,280 $1,413
Median Income $128,767 $89,062 $80,734
Home Value To Income 4.8x 3.9x 4.1x
Rent To Monthly Income 0.17x 0.17x 0.21x

Edina, MN Costs By Category

Detailed Edina Services costs vs. Minnesota
Item Edina Minnesota
Shampoo $1.5 $1.28
Movie $11.32 $12.13
Bowling $25.68 $18
Haircut $25.86 $24.26
Beauty Salon $37.0 $45.56
Detailed Edina Groceries costs vs. Minnesota
Item Edina Minnesota
Ground Beef $5.75 $5.84
Fried Chicken $1.4 $1.57
Milk $4.6 $4.67
Potatoes $4.76 $4.93
Pizza $13.0 $12.09
Beer $9.44 $10.41
Toothpaste $3.62 $3.7
Detailed Edina Health costs vs. Minnesota
Item Edina Minnesota
Optometrist $112.72 $125.68
Doctor $164.15 $135.78
Dentist $95.01 $113.29
Detailed Edina Transportation costs vs. Minnesota
Item Edina Minnesota
Gasoline $3.32 $3.46
Tire Balancing $59.91 $59.92
Detailed Edina Utilities costs vs. Minnesota
Item Edina Minnesota
All Electricity $180.11 $193.99
Phone $187.59 $192.25

Edina SnackAbility

10Overall SnackAbility
Jobs 9/10
Housing 9/10
Affordability 7/10
Diversity 7/10
Safety 8/10
Amenities 9/10
Education 10/10
Commute 8.5/10

Cost Of Living In Cities Around Edina

The cost of living varies in the cities and towns around Edina. Here's a quick look at the cost of living in the most populous nearby places:

  • Minneapolis, MN has a cost of living index of 116, 0.8x Edina.

  • Bloomington, MN has a cost of living index of 112, 0.8x Edina.

  • Plymouth, MN has a cost of living index of 124, 0.9x Edina.

City Population Cost Of Living Vs. Edina
Minneapolis, MN 427,246 116 0.8x
Bloomington, MN 88,665 112 0.8x
Plymouth, MN 79,220 124 0.9x
Lakeville, MN 74,354 122 0.9x
Maple Grove, MN 71,173 117 0.8x
Eden Prairie, MN 63,051 128 0.9x
Minnetonka, MN 53,064 127 0.9x
St. Louis Park, MN 49,594 116 0.8x
Richfield, MN 36,642 106 0.8x
Shoreview, MN 26,714 116 0.8x