Cost of Living in South Minneapolis (2025 Guide)

If you’re considering a move to South Minneapolis, one of the first questions you’ll have is: What’s the cost of living? From housing and utilities to groceries, dining, and recreation, here’s a detailed look at what you can expect in 2025.
Housing Costs
Housing is the biggest factor in South Minneapolis cost of living.
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Single-family homes: $325,000–$550,000 depending on location (Lake Nokomis, Diamond Lake, Hale, etc.).
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Condos & townhomes: $180,000–$350,000.
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Rentals: Apartments average $1,250–$1,800/month for 1–2 bedrooms, with single-family homes often renting between $2,000–$2,800/month.
Utilities and Transportation
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Utilities: Expect $180–$250/month for electricity, gas, water, and trash.
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Internet: Around $60–$90/month.
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Transportation: South Minneapolis is bike- and bus-friendly, but most households still have cars. Gas is similar to national averages, and insurance tends to run $120–$160/month.
Groceries and Dining
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Groceries: A typical family of four spends $750–$1,000/month. Popular stores include Lunds & Byerlys, Kowalski’s, and local co-ops.
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Dining out: Coffee at The Baker’s Wife runs about $3–$5, while dinner for two at Heather’s or Hot Plate will average $40–$60.
Recreation and Entertainment
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Parks and lakes: Free or low-cost access to Lake Nokomis Beach, Minnehaha Parkway trails, Pearl Park, and Hiawatha Golf Course.
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Fitness & memberships: Gym memberships average $50–$80/month.
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Family fun: Local sports leagues and Minneapolis Parks programs are affordable, often under $100 per season per child.
Overall Comparison
Compared to downtown Minneapolis or nearby suburbs like Edina, South Minneapolis offers more affordable housing while still delivering city convenience, top parks, and strong community. Many families find the cost of living here strikes the perfect balance of value + lifestyle.
Thinking About Moving?
If you’re planning a move to South Minneapolis, I’d love to help you compare neighborhoods, housing costs, and lifestyle options.
Contact Arne Johansson, your local South Minneapolis Realtor, for expert advice.
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