Cost of Living in Eden Prairie, MN (2026)

Updated Jun 2026 (3 months ago) · Source: U.S. Census Bureau, U.S. Bureau of Economic Analysis, U.S. Energy Information Administration

Key facts

Rent (1-bedroom)
$1,592/month
U.S. Census Bureau · 2024-12-31
Median household income
$130,489
U.S. Census Bureau · 2024-12-31
Regional price parity
98.6 (below national average)
U.S. Bureau of Economic Analysis · 2024-12-31
Utilities (monthly)
$158/month
U.S. Energy Information Administration · 2026-06-30
Rent burden (of income)
15% (affordable)
Derived from Census + HUD threshold · 2024-12-31

Can you afford this city?

You'd need about
$3,412
Groceries (est.)
$412
Monthly surplus
$1,588

Salary needed to live here

Salary needed (gross/yr)
$49,068
Gross per month
$4,089
Comfortable budget
$2,862

Eden Prairie, MN vs the US average

Cost metrics vs US average, with sources
MetricValuevs US avg
Median household income
(Census ACS 5-Year, Dec 2024)
$130,489+68% vs US
Median home value
(Census ACS 5-Year, Dec 2024)
$473,900+39% vs US
Rent (1BR)
(Census ACS 5-Year, Dec 2024)
$1,592+22% vs US
Rent (2BR)
(Census ACS 5-Year, Dec 2024)
$1,823+24% vs US
Grocery cost index
(BEA Regional Price Parities, Dec 2024)
100.5+1% vs US
Utilities (monthly)
(EIA Electricity Retail Sales, Jun 2026)
$158-23% vs US

Cost breakdown vs US average

Cost breakdown vs US averageBar chart comparing 4 metrics to US national averages.Median household income$130,489US avg $77,719Rent (1BR)$1,592US avg $1,300Grocery cost index100.5US avg 100.0Utilities (monthly)$158US avg $205

Download this data (CSV)

What it costs to live in Eden Prairie

A one-bedroom rental in Eden Prairie, MN runs about $1,592 per month — well above the national median of $1,300 (22% more). The median household income here is $130,489, and a one-bedroom lease absorbs about 15% of that — leaving room under the 30% affordability threshold. Median homes are valued at $473,900 (3.6× median income) — above the 3× affordability rule, though in line with many U.S. metros. That's 39% above the U.S. median of $340,200. Utilities are relatively low at about $158/month — 23% below the national average of $205. Use the calculator above to see how far your income goes, with rent and utilities prefilled from the latest U.S. Census Bureau data.

Buying a home in Eden Prairie?

Mortgage payment calculator

Monthly payment (PITI)
$2,658
Principal & interest
$2,108
Total interest
$438,707

Estimate only — not financial, tax, or legal advice. Figures are illustrative and may not reflect your situation. Consult a qualified professional.

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Cite this page

CostAlmanac US, *Eden Prairie, MN — Cost of Living*, https://costalmanac.com/cost-of-living/eden-prairie-mn

Data from U.S. government sources. See methodology for how every number is computed.