salaryRent is higher than in 71% of U.S. cities. Household incomes are higher than in 89% of U.S. cities. A typical house costs about 3.3 years of household income. Most homes (75.1%) are owned, so rentals can be hard to find. It is a highly educated city: 65.9% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $81,720 a year. That is $39 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 122 of 150 cities from cheapest to most expensive.
How much do households earn in Plymouth?
Share of households by yearly income. 53.6% of households earn $100,000 or more.
Rent by apartment size in Plymouth
| Size | Plymouth | U.S. average |
|---|---|---|
| Studio | $1,632 | $1,338 |
| 1 bedroom | $1,736 | $1,324 |
| 2 bedrooms | $2,035 | $1,509 |
| 3 bedrooms | $2,515 | $1,698 |
| 4 bedrooms | $3,035 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Plymouth 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 Plymouth
Life in Plymouth
What jobs pay in Plymouth
| Job | Median pay | Rent / pay |
|---|---|---|
| Pharmacist | $160,990 | 15.2% |
| Lawyer | $159,620 | 15.4% |
| Physician Assistant | $145,030 | 16.9% |
| Nurse Practitioner | $133,370 | 18.4% |
| Software Developer | $130,920 | 18.7% |
| Dental Hygienist | $112,630 | 21.8% |
| Computer Systems Analyst | $112,090 | 21.9% |
| Civil Engineer | $104,740 | 23.4% |
| Operations Manager | $103,570 | 23.7% |
| Registered Nurse | $103,040 | 23.8% |
| Plumber | $101,630 | 24.1% |
| Market Research Analyst | $97,910 | 25.0% |
| Police Officer | $97,190 | 25.2% |
| Accountant | $86,500 | 28.3% |
| Electrician | $81,890 | 29.9% |
| Elementary School Teacher | $79,730 | 30.7% |
| HVAC Technician | $77,490 | 31.6% |
| Carpenter | $74,060 | 33.1% |
| Licensed Practical Nurse | $65,660 | 37.3% |
| Truck Driver | $64,200 | 38.2% |
| Medical Assistant | $52,570 | 46.6% |
| Customer Service Representative | $49,480 | 49.5% |
| Nursing Assistant | $48,020 | 51.1% |
| Warehouse Worker | $47,320 | 51.8% |
| Restaurant Cook | $39,640 | 61.8% |
| Firefighter | $39,350 | 62.3% |
| Retail Salesperson | $36,670 | 66.9% |
| Cashier | $35,760 | 68.6% |
| Server (Waiter/Waitress) | $25,920 | 94.6% |
Is it cheaper to rent or buy in Plymouth?
Renting is cheaper right now: about $1,365 a month less.
Owning assumes a typical $491,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $49,120 for the down payment.
Frequently asked questions
What is the average rent in Plymouth, MN?
Renting in Plymouth costs a median of about $2,043 a month in 2026, including utilities. The Minnesota median is $1,525.
How much do I need to make to live in Plymouth?
To keep rent under 30% of income, you need about $81,720 a year, or $39 an hour at a full-time job.
Is Plymouth cheap or expensive?
Plymouth is rated Cheap: rent takes 16.6% of the typical household income of $147,252. It ranks 122nd cheapest of 150 Minnesota cities we track.
How much are property taxes in Plymouth?
The median homeowner in Plymouth pays $5,160 a year in property taxes, about 1.05% of the median home value.
Is Plymouth 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 Plymouth?
The median home value in Plymouth is $491,200, about 3.3 times the typical yearly household income.
79,220 people live in Plymouth. Numbers are typical (middle) values.