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Brooklyn Park, MN vs Minnetonka, MN

103
Brooklyn Park
Minnesota
VS
-19.4%
127
Minnetonka
Minnesota

There is a significant gap in the cost of living between these two cities. Brooklyn Park is 19.4% cheaper than Minnetonka. With a cost index of 103 vs 127, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Brooklyn Park to Minnetonka should plan for substantially higher expenses across most categories.

On the housing front, median rent in Brooklyn Park is $1,331/month compared to $1,758/month in Minnetonka — a 24% difference. Home values follow the same pattern: Brooklyn Park is more affordable at $313,500 median vs $456,200.

Median household income in Brooklyn Park is $85,964 compared to $120,496 in Minnetonka (-28.7%). While Minnetonka is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Brooklyn Park spend roughly 18.6% of their income on rent, more than the 17.5% in Minnetonka.

Income & Cost

Cost of Living Index
Brooklyn Park
103
19% cheaper
Minnetonka
127
Median Household Income
Brooklyn Park
$85,964
Minnetonka
$120,496
29% higher

Housing

Median Rent
Brooklyn Park
$1,331
24% cheaper
Minnetonka
$1,758
Median Home Value
Brooklyn Park
$313,500
31% cheaper
Minnetonka
$456,200
Population
Brooklyn Park
84,349
Minnetonka
53,256

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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