City comparison
Cost indices by category, with the US city average (100) marked.
Index: 100 = US city average. Lower is more affordable.
Side-by-side costs, salaries, and sub-category indices.
| Metric | Bedford | Shakopee | Difference |
|---|---|---|---|
| Median rent | $1,332/mo | $1,417/mo | 6.0% lower in A |
| Median home value | $292,100 | $348,300 | 16.1% lower in A |
| Median household income | $80,924 | $103,924 | 22.1% lower in A |
| Groceries index | 101.6 | 101.0 | 0.5% higher in A |
| Utilities index | 91.9 | 93.0 | 1.1% lower in A |
| Transportation index | 99.9 | 102.2 | 2.2% lower in A |
| Healthcare index | 98.2 | 102.8 | 4.5% lower in A |
How much you'd need to earn in the other city to keep the same standard of living.
If you earn $100,000 in Bedford, you'd need $100,019 in Shakopee to maintain your standard of living.
Climate, safety, and demographics side by side.
Bedford and Shakopee have nearly identical overall cost-of-living indices. Housing costs are roughly 2% lower in Shakopee than in Bedford. If you earn $80,000 in Bedford, you'd need about $80,015 in Shakopee to keep the same standard of living.