salaryBloomington is the 4th-largest city in Minnesota that we track, with 88,665 residents. Rent is higher than in 65% of U.S. cities. A typical house costs about 3.6 years of household income.
How much money do I need?
To rent here comfortably, you should earn about $77,280 a year. That is $37 an hour at a full-time job.
Is rent cheaper than other Minnesota cities?
No. Rent here is more expensive than in most of Minnesota. It is number 115 of 150 cities from cheapest to most expensive.
How much do households earn in Bloomington?
Share of households by yearly income. 36.4% of households earn $100,000 or more.
Rent by apartment size in Bloomington
| Size | Bloomington | U.S. average |
|---|---|---|
| Studio | $1,345 | $1,338 |
| 1 bedroom | $1,528 | $1,324 |
| 2 bedrooms | $1,840 | $1,509 |
| 3 bedrooms | $2,035 | $1,698 |
| 4 bedrooms | $2,339 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Bloomington overall?
Everyday prices in the Minneapolis-St. Paul-Bloomington metro area are 5% above the U.S. average (index 104.8, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024.
Taxes and bills in Bloomington
Life in Bloomington
What jobs pay in Bloomington
| Job | Median pay | Rent / pay |
|---|---|---|
| Pharmacist | $160,990 | 14.4% |
| Lawyer | $159,620 | 14.5% |
| Physician Assistant | $145,030 | 16.0% |
| Nurse Practitioner | $133,370 | 17.4% |
| Software Developer | $130,920 | 17.7% |
| Dental Hygienist | $112,630 | 20.6% |
| Computer Systems Analyst | $112,090 | 20.7% |
| Civil Engineer | $104,740 | 22.1% |
| Operations Manager | $103,570 | 22.4% |
| Registered Nurse | $103,040 | 22.5% |
| Plumber | $101,630 | 22.8% |
| Market Research Analyst | $97,910 | 23.7% |
| Police Officer | $97,190 | 23.9% |
| Accountant | $86,500 | 26.8% |
| Electrician | $81,890 | 28.3% |
| Elementary School Teacher | $79,730 | 29.1% |
| HVAC Technician | $77,490 | 29.9% |
| Carpenter | $74,060 | 31.3% |
| Licensed Practical Nurse | $65,660 | 35.3% |
| Truck Driver | $64,200 | 36.1% |
| Medical Assistant | $52,570 | 44.1% |
| Customer Service Representative | $49,480 | 46.9% |
| Nursing Assistant | $48,020 | 48.3% |
| Warehouse Worker | $47,320 | 49.0% |
| Restaurant Cook | $39,640 | 58.5% |
| Firefighter | $39,350 | 58.9% |
| Retail Salesperson | $36,670 | 63.2% |
| Cashier | $35,760 | 64.8% |
| Server (Waiter/Waitress) | $25,920 | 89.4% |
Is it cheaper to rent or buy in Bloomington?
Renting is cheaper right now: about $578 a month less.
Owning assumes a typical $361,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $36,170 for the down payment.
Frequently asked questions
What is the average rent in Bloomington, MN?
Renting in Bloomington costs a median of about $1,932 a month in 2026, including utilities. The Minnesota median is $1,525.
How much do I need to make to live in Bloomington?
To keep rent under 30% of income, you need about $77,280 a year, or $37 an hour at a full-time job.
Is Bloomington cheap or expensive?
Bloomington is rated OK: rent takes 23.1% of the typical household income of $100,528. It ranks 115th cheapest of 150 Minnesota cities we track.
How much are property taxes in Bloomington?
The median homeowner in Bloomington pays $3,881 a year in property taxes, about 1.07% of the median home value.
Is Bloomington more expensive than the national average?
Overall prices in the metro area are 5% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Bloomington?
The median home value in Bloomington is $361,700, about 3.6 times the typical yearly household income.
88,665 people live in Bloomington. Numbers are typical (middle) values.