Shoreview, MN Cost of Living


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Shoreview cost of living score
102.3
More expensive
2.3% higher
than the US average
5.2% higher
than the Minnesota average
Shoreview, Minnesota gets a BestPlaces Cost of Living score of 102.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 2.3% higher than the U.S. average and 5.2% higher than the average for Minnesota.

Shoreview, MN

Housing costs in Shoreview?
A typical home costs $376,200, which is 11.3% more expensive than the national average of $338,100 and 21.6% more expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Shoreview costs $1,550 per month, which is 8.4% more than the national average of $1,430 and 20.0% more than the state average of $1,240.

Can I afford Shoreview?
To live comfortably in Shoreview, Minnesota, a minimum annual income of $72,000 for a family, and $50,800 for a single person is recommended.

What does A.I. say about Shoreview?
The cost of living in Shoreview, MN is quite high. The median home price in Shoreview is around $306,000, and the median household income is approximately $86,960. In comparison to other cities of similar size and location, the cost of living in Shoreview is significantly higher. Utilities such as electricity and water are more expensive than average as well, however taxes are slightly lower than the national average. All things considered, it can be said that the cost of living in Shoreview is significantly higher than most other places.
   Cost of living score
     CategoriesShoreviewMinnesotaUnited States
  102.397.2100.0
  102.397.2100
  76.178.3100.0
  128.5102.9100.0
  $376,200$309,500$338,100
  99.1%95.7%100.0%
  108.396.4100.0
  141.9117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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