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Anoka, MN vs Shakopee, MN

97
Anoka
Minnesota
VS
-13.1%
111
Shakopee
Minnesota

Anoka is moderately more affordable than Shakopee, with a 13.1% lower cost of living index. Anoka scores 97 compared to 111 for Shakopee, where the US average is 100. This difference means residents of Shakopee can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Anoka is $1,200/month compared to $1,495/month in Shakopee — a 20% difference. Home values follow the same pattern: Anoka is more affordable at $292,900 median vs $361,400.

Median household income in Anoka is $75,262 compared to $110,989 in Shakopee (-32.2%). While Shakopee is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Anoka spend roughly 19.1% of their income on rent, more than the 16.2% in Shakopee.

Income & Cost

Cost of Living Index
Anoka
97
13% cheaper
Shakopee
111
Median Household Income
Anoka
$75,262
Shakopee
$110,989
32% higher

Housing

Median Rent
Anoka
$1,200
20% cheaper
Shakopee
$1,495
Median Home Value
Anoka
$292,900
19% cheaper
Shakopee
$361,400
Population
Anoka
17,941
Shakopee
45,002

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Anoka $3.20
Shakopee $3.20
US $3.07
🥚
Eggs (grade A, large)
Anoka $2.61
Shakopee $2.61
US $2.50
🥛
Milk (whole)
Anoka $4.21
Shakopee $4.21
US $4.03
🍞
Bread (white)
Anoka $1.93
Shakopee $1.93
US $1.85
🍗
Chicken breast
Anoka $4.33
Shakopee $4.33
US $4.14
Electricity
Anoka $0.17
Shakopee $0.17
US $0.19