Edina, MN vs Hopkins, MN

The cost of living difference between Edina, MN and Hopkins, MN is dramatic. Hopkins is 32.9% cheaper than Edina, a gap that translates to thousands of dollars per year in household expenses. Edina has a cost index of 141 while Hopkins sits at 106, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Edina is $1,757/month compared to $1,346/month in Hopkins — a 31% difference. Home values follow the same pattern: Hopkins is more affordable at $350,100 median vs $624,000.

Median household income in Edina is $129,225 compared to $71,170 in Hopkins (+81.6%). While Edina is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Edina spend roughly 16.3% of their income on rent, less than the 22.7% in Hopkins.