Cost of Living in Shoreview, MN

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

151.7

100 = national avg

+51.7 vs national average

Living Wage (1 Adult)

$66,740

per year

Living Wage (Family of 4)

$157,749

per year

Cost Index by Category

Housing
179.1
Food
133.6
Transportation
117.2
Healthcare
126.9
Utilities
136.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,405

per month

2 Bedroom

$1,709

per month

The overall cost of living index in Shoreview is 151.7, which is 51.7% above the national average. Housing costs are above the national average at an index of 179.1. A single adult needs to earn approximately $66,740 per year to cover basic expenses.