Cost of living in Hopkins, Minnesota
Hopkins, Minnesota has about 18,819 people. Typical rent is $1,468 a month, including utilities, and a typical household earns $75,234 a year. Both figures are Census 2020–2024 medians, not a listing or your pay. This site does not approve or deny benefits. A missing figure stays blank. We do not guess it.
Ranked #148 in Minnesota on the 2026 Most Affordable Towns Index.
Simple answer
Typical rent is $1,468 a month.
Hopkins is a city in Minnesota. That rent number includes utilities. A typical household earns $75,234 a year.
- People
- 18,819
- Census average, 2020–2024
- Typical rent
- $1,468
- Median gross rent, includes utilities
- Typical pay
- $75,234
- Median household income, yearly
- Typical home
- $375,600
- Median home value
- 2-bedroom fair rent
- $1,734
- Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area
Hopkins, Minnesota has about 18,819 people. That count is a 2020–2024 Census average, not a headcount from one day.
A typical home is worth about $375,600.
HUD's fair-market rent for a 2-bedroom in Hennepin County is $1,734 a month. That is the county number, not an apartment listing in Hopkins. It runs from October 2026 through September 2027.
In the Minneapolis-St. Paul-Bloomington, MN-WI metro area, prices sit at 104.8 when the U.S. average is 100. That is a 2024 BEA index.
Minnesota taxes wages. A typical combined sales tax is 8.1% as of January 1, 2026. That mix is statewide, not Hopkins's exact store tax.
In July 2026, a typical Minnesota home paid 17.45¢ per kilowatt-hour. That is a state average from EIA, not Hopkins's bill.
In 2025, all-grades gas in Minnesota averaged $3.02 a gallon. EIA prints this yearly price for only some states.
Among 338 places we list in Minnesota with a rent figure, 67 have higher typical rent than Hopkins.
Nearby places
- St. Louis Park
Typical rent $1,644
Compare with Hopkins - Minnetonka
Typical rent $1,779
Compare with Hopkins - Edina
Typical rent $1,844
Compare with Hopkins - Golden Valley
Typical rent $1,785
Compare with Hopkins - Eden Prairie
Typical rent $1,833
Compare with Hopkins - DeephavenCompare with Hopkins
- Wayzata
Typical rent $1,782
- Richfield
Typical rent $1,393
Compare with Hopkins
EBT nearby
USDA has a live map of stores that take SNAP. We did not copy that store list here. The downloadable file is a history file for 2005 through 2025, so the live map is the one to use.
Locator page updated 2026-09-11. Last checked 2026-10-16.
Food stamps (SNAP) tools in Minnesota
Bigger places in Minnesota
Census 2020-2024. HUD rents for October 2026–September 2027. BEA prices for 2024. Taxes as of January 1, 2026. Checked 2026-10-16. 15,000 places are in this guide.