Cost of Living in Medina, MN
Population 6,858 · Minnesota · Data vintage 2023
(100 = US avg)
Medina's housing market reflects its status as a high-earning metro: $661,000 for a typical home, 117% above the US median, paired with household incomes around $219,181 that put it in the upper third of the state. The labor market has been unusually tight, with unemployment around 1.9% — below most comparable cities in the state.
Located 15 miles west of Minneapolis, Medina falls within that metro's commuting orbit. Median home values run roughly 91% higher than Minneapolis' $346,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Medina
The median home value in Medina is $660,800 — 117% above the national median of $305,000. Median rent runs $1,421/month, 8% higher than the national median of $1,314/month. The median household income of $219,181/year is 194% higher than the US median of $74,580. The local unemployment rate is 1.9%, below the national average of 4.8%. Minnesota's top state income tax rate is 9.8% and the combined sales tax is 7.4%. Overall, Medina has a cost of living index of 173 versus the US average of 100, meaning it is 73% more expensive.
Medina has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Medina, MN?
Medina has a cost index of 173 (100 = national average). It is 73% above the national average.
What is average rent in Medina, MN?
The median gross rent in Medina is $1,421 per month based on 2023 Census data.
What is the average home price in Medina?
The median home value in Medina is $660,800 according to Zillow and Census data.
What is the median income in Medina?
The median household income in Medina is $219,181 per year (2023 ACS 5-year estimates).
What is the sales tax in Medina, MN?
The combined state and local sales tax rate in Medina is 7.4%. The Minnesota state income tax top rate is 9.8%.
Is Medina, MN affordable?
Medina is above average in cost of living, with an index of 173 — about 73% higher than the national average.
Medina at a Glance
- Population
- 6,858
- Median Income
- $219,181
- Home Value
- $660,800
- Median Rent
- $1,421/mo
- Unemployment
- 1.9%
- Sales Tax
- 7.4%
Nearby Cities
Explore county-level cost of living data
Minnesota Rankings
Similar Cost Cities
Cities in other states with comparable housing costs