Minnetonka, MN vs Plymouth, MN

Minnetonka, MN and Plymouth, MN have a very similar cost of living, with only a 0.1% difference in their overall index. Minnetonka scores 127 while Plymouth scores 127 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Minnetonka is $1,758/month compared to $1,705/month in Plymouth — a 3% difference. Interestingly, home values tell a different story: while Plymouth has cheaper rent, Minnetonka actually has lower median home values ($456,200 vs $474,700).

Median household income in Minnetonka is $120,496 compared to $133,865 in Plymouth (-10%). Plymouth offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Minnetonka spend roughly 17.5% of their income on rent, more than the 15.3% in Plymouth.

Climate-wise, both cities share similar average temperatures (46.7°F vs 45.8°F). Plymouth receives more rainfall at 30.7" per year compared to 30.6" in Minnetonka.