Housing costs in Edina?
A typical home costs
$546,700, which is 61.7% more expensive than the national average of
$338,100 and 76.6% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Edina costs
$1,670 per month, which is 16.8% more than the national average of
$1,430 and 25.7% more than the state average of
$1,240.
Can I afford Edina?
To live comfortably in Edina, Minnesota, a minimum annual income of
$104,760 for a family, and
$54,400 for a single person is recommended.
What does A.I. say about Edina?
Edina, MN has an overall above average cost of living thanks largely in part to its high real estate values and tax rates when compared other places within Minnesota and the nation as a whole but can vary depending on neighborhood so one must shop around if they want the best deal available during their search for a place to call home here too.