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Best Places to Live in Minnesota (2026)

Minnesota has a cost of living index of 82 (US average = 100) with a median household income of $74,079 and a population of 4,774,904. We ranked 15 cities based on affordability, income, housing value, and climate to find the best places to call home in Minnesota.

1 Rogers
119
Cost Index

Rogers is 19% more expensive than the national average with a median income of $159,638 and a population of 13,405.

$159,638
Median Income
$1,550/mo
Median Rent
$437,900
Home Value
45.8°F
Avg Temp
124
Cost Index

Lakeville is 24% more expensive than the national average with a median income of $138,119 and a population of 72,480.

$138,119
Median Income
$1,727/mo
Median Rent
$425,200
Home Value
46.9°F
Avg Temp
111
Cost Index

Shakopee is 11% more expensive than the national average with a median income of $110,989 and a population of 45,002.

$110,989
Median Income
$1,495/mo
Median Rent
$361,400
Home Value
46.7°F
Avg Temp
7 Otsego
118
Cost Index

Otsego is 18% more expensive than the national average with a median income of $127,219 and a population of 21,358.

$127,219
Median Income
$1,696/mo
Median Rent
$367,200
Home Value
45.8°F
Avg Temp
103
Cost Index

Big Lake is 3% more expensive than the national average with a median income of $113,333 and a population of 12,115.

$113,333
Median Income
$1,417/mo
Median Rent
$291,700
Home Value
12,115
Population
119
Cost Index

Rosemount is 19% more expensive than the national average with a median income of $127,247 and a population of 26,509.

$127,247
Median Income
$1,614/mo
Median Rent
$406,100
Home Value
46.9°F
Avg Temp
14 Savage
118
Cost Index

Savage is 18% more expensive than the national average with a median income of $122,646 and a population of 32,706.

$122,646
Median Income
$1,608/mo
Median Rent
$395,600
Home Value
46.7°F
Avg Temp

How We Rank the Best Places to Live

Our livability score combines four data-driven factors: affordability (35% — cost of living index relative to national average), income (25% — median household income from the Census Bureau), housing value (15% — home price to income ratio), and climate (15% — NOAA temperature normals favoring moderate climates). Population serves as a proxy for amenities (10%).

Only cities with at least 5,000–10,000 residents are included. Data sourced from the US Census Bureau, Zillow, HUD, and NOAA.