Cost of Living in Plymouth, MN
Population 79,526 · Minnesota · Data vintage 2023
(100 = US avg)
Plymouth lands reasonably close to national benchmarks on most cost indicators, with a median home value of $475,000 — 56% above the US figure. That makes it a useful reference point for comparing with more extreme markets in Minnesota. An unemployment rate of 2.0% points to a labor market well on the tight side of the national distribution.
Geographically, Plymouth sits roughly 10 miles west of Minneapolis. Median home values run roughly 37% higher than Minneapolis' $346,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Plymouth
The median home value in Plymouth is $474,700 — 56% above the national median of $305,000. Median rent runs $1,705/month, 30% higher than the national median of $1,314/month. The median household income of $133,865/year is 79% higher than the US median of $74,580. The local unemployment rate is 2.0%, 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, Plymouth has a cost of living index of 145 versus the US average of 100, meaning it is 45% more expensive.
🏠 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
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Plymouth, MN?
Plymouth has a cost index of 145 (100 = national average). It is 45% above the national average.
What is average rent in Plymouth, MN?
The median gross rent in Plymouth is $1,705 per month based on 2023 Census data.
What is the average home price in Plymouth?
The median home value in Plymouth is $474,700 according to Zillow and Census data.
What is the median income in Plymouth?
The median household income in Plymouth is $133,865 per year (2023 ACS 5-year estimates).
What is the sales tax in Plymouth, MN?
The combined state and local sales tax rate in Plymouth is 7.4%. The Minnesota state income tax top rate is 9.8%.
Is Plymouth, MN affordable?
Plymouth is above average in cost of living, with an index of 145 — about 45% higher than the national average.
Plymouth at a Glance
- Population
- 79,526
- Median Income
- $133,865
- Home Value
- $474,700
- Median Rent
- $1,705/mo
- Unemployment
- 2.0%
- 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