Cost of Living in Edina, MN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
187.2
100 = national avg
+87.2 vs national average
Living Wage (1 Adult)
$82,374
per year
Living Wage (Family of 4)
$194,702
per year
Cost Index by Category
Housing249.8
Food148.8
Transportation120.1
Healthcare139.0
Utilities159.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,405
per month
2 Bedroom
$1,709
per month
The overall cost of living index in Edina is 187.2, which is 87.2% above the national average. Housing costs are above the national average at an index of 249.8. A single adult needs to earn approximately $82,374 per year to cover basic expenses.