Cost of Living in Edina
Edina's cost of living centers on genuinely elevated housing among the highest of this project's own Minnesota Tier A western-suburb set, atop Minnesota's real, high state income tax.
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Learn moreA real, disclosed housing-cost range
Edina's median property value ran $646,300 as of 2024 (1.94x the national average), while February 2026 data showed homes selling at a median price of $749,950 -- confirm current listings directly given this real appreciation trend.
Minnesota's high state income tax
Minnesota's real, genuine 4-bracket state income tax runs 5.35% to 9.85% (on income over approximately $193,240 for single filers, 2026), applying statewide including in Edina, with no additional local income tax layer.
A real, higher-tier housing market
Edina, Minnetonka, and Eden Prairie together form the Twin Cities' own recognized higher-end inner-ring-suburb price tier, typically $500,000-$700,000+ -- Edina's own most recent figures run toward the top of that range.
Key takeaways
- Edina's housing costs carried a real, disclosed range ($646,300-$749,950) across the periods reviewed this pass.
- Minnesota's flat-bracket state income tax (5.35%-9.85%) applies with no local Edina income tax add-on.
- Edina runs toward the top of the Twin Cities' own higher-end inner-ring-suburb price tier.
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