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Shakopee, MN vs Woodbury, MN

111
Shakopee
Minnesota
VS
-12.6%
128
Woodbury
Minnesota

Shakopee is moderately more affordable than Woodbury, with a 12.6% lower cost of living index. Shakopee scores 111 compared to 128 for Woodbury, where the US average is 100. This difference means residents of Woodbury can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Shakopee is $1,495/month compared to $1,827/month in Woodbury — a 18% difference. Home values follow the same pattern: Shakopee is more affordable at $361,400 median vs $434,900.

Median household income in Shakopee is $110,989 compared to $126,222 in Woodbury (-12.1%). The higher salaries in Woodbury partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Shakopee spend roughly 16.2% of their income on rent, less than the 17.4% in Woodbury.

Climate-wise, both cities share similar average temperatures (46.7°F vs 46.5°F). Shakopee receives more rainfall at 30.6" per year compared to 29.2" in Woodbury.

Income & Cost

Cost of Living Index
Shakopee
111
13% cheaper
Woodbury
128
Median Household Income
Shakopee
$110,989
Woodbury
$126,222
12% higher

Housing

Median Rent
Shakopee
$1,495
18% cheaper
Woodbury
$1,827
Median Home Value
Shakopee
$361,400
17% cheaper
Woodbury
$434,900
Population
Shakopee
45,002
Woodbury
76,945

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Shakopee 46.7°F
Woodbury 46.5°F
Summer High
Shakopee 84°F
Woodbury 83°F
Winter Low
Shakopee 8°F
Woodbury 9°F
Rainfall
Shakopee 30.6"
Woodbury 29.2"
Rainy Days
Shakopee 107d
Woodbury 102d