Residential comparison · 13 facts
Minnetonka, MN vs Shakopee, MN
Compare the housing, tax, cost, income, safety, school, and climate facts that are available for both places. The table shows the numbers without declaring one city universally better.
A household earning $85,000 in Minnetonka needs about $78,500 in Shakopee to keep the same lifestyle.
Coming from Shakopee, $85,000 of lifestyle costs about $91,500 in Minnetonka.
A few differences
- Minnetonka is higher on median household income ($119,517 vs $107,223).
- Shakopee is lower on cost of living index (102 vs 112).
- Shakopee is lower on 2-bedroom rent ($1,640/mo vs $1,906/mo).
Minnetonka vs Shakopee · facet by facet
| Facet | Minnetonka, MN | Shakopee, MN |
|---|---|---|
| Median home price | $475,800 | $374,800 |
| 2-bedroom rent | $1,906/mo | $1,640/mo |
| Property tax rate | 1.05% | 1.05% |
| State & local income tax | 3.68% | 3.68% |
| Sales tax | 7.5% | 7.5% |
| Cost of living index | 112 | 102 |
| Groceries index | 100 | 100 |
| Utilities | $165/mo | $165/mo |
| Median household income | $119,517 | $107,223 |
| Unemployment rate | 2.9% | 2.9% |
| Crime index | 40/100 | 40/100 |
| School rating | 7.0/10 | 7.0/10 |
| Sunny days / year | 195 days | 195 days |
Data: Census ACS 2024 · BLS · Tax Foundation 2024 brackets · HUD/Zillow · NOAA 1991–2020 · FEMA NRI · Values are shown as reported; no universal winner is implied.
Full profiles: Minnetonka, MN · Shakopee, MN
Questions & answers
- Is Minnetonka cheaper than Shakopee?
- Shakopee has the lower day-to-day cost index (102 vs 112 against a national 100). The other differences are shown facet by facet in the table.
- What household income in Shakopee equals $85,000 in Minnetonka?
- A household earning $85,000 in Minnetonka needs about $78,500 in Shakopee to keep the same lifestyle; coming the other way, $85,000 of Shakopee lifestyle costs about $91,500 in Minnetonka.