Housing costs in Shakopee?
A typical home costs
$357,100, which is 5.6% more expensive than the national average of
$338,100 and 15.4% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Shakopee costs
$1,490 per month, which is 20.2% more than the national average of
$1,240 and 6.0% more than the state average of
$1,400.
Can I afford Shakopee?
To live comfortably in Shakopee (zip 55379), Minnesota, a minimum annual income of
$68,400 for a family, and
$48,800 for a single person is recommended.
What does A.I. say about Shakopee?
The cost of living in Shakopee, MN (55379) is quite reasonable. The median home value is around $248,000, which is lower than the national average. Renting an apartment in the city center will cost about $1,200 per month on average and groceries are about 13% lower than the national average. Utilities are also relatively affordable with an average monthly cost of less than $125. All in all, Shakopee is a great place to live with a balanced cost of living that won't break the bank.