College Costs in Minnetonka, MN 2026
Compare tuition, housing, and financial aid across 3 colleges in Minnetonka, Minnesota. Use our free calculator to estimate your total cost.
Avg Public Tuition
$14,200
per year
Avg Private Tuition
$38,000
per year
Avg Rent Near Campus
$1,002
per month
Colleges & Universities
3
institutions
Minnetonka Overview
Population
53,781
Student Population
4,161 (7.7%)
Cost of Living Index
102.1 (avg: 100)
Walk Score
37/100
Transit Score
25/100
Unemployment Rate
2.3%
College Cost Calculator for Minnetonka
Cost Inputs
Total Cost (4 Years, Public In-State)
$111,536
Total After Financial Aid
$111,536
Annual Cost
$27,884
Annual After Aid
$27,884
Cost Breakdown (4 Years)
If Financed (10-Year Loan at 6.5%)
| Loan Amount | $111,536 |
| Monthly Payment | $1,266 |
| Total Interest | $40,440 |
| Total Loan Cost | $151,976 |
Universities in Minnetonka
| University | Type | Annual Tuition |
|---|---|---|
| Minnetonka State University | Public | $13,298 |
| Minnetonka Community College | Community | $5,581 |
Minnetonka has 3 total colleges and universities. Tuition figures are approximate annual in-state rates for the 2025-2026 academic year.
Cost of Living in Minnetonka vs. National Average
| Category | Minnetonka | National Avg | Difference |
|---|---|---|---|
| Public Tuition (In-State) | $14,200 | $10,940 | +$3,260 |
| Monthly Rent Near Campus | $1,002 | $1,050 | -$48 |
| Cost of Living Index | 102.1 | 100 | +2.0999999999999943 |
Minnetonka's cost of living is near the national average. Students can expect typical expenses comparable to most other U.S. cities.
Student Life in Minnetonka
Walk Score
Car-Dependent
Transit Score
Minimal Transit
Student Population
4,161 students
Minnetonka has a total population of 53,781, with approximately 4,161 college students (7.7% of the population). While not primarily a college town, Minnetonka offers students access to urban amenities, diverse employment opportunities, and a wide range of cultural experiences.
Post-Graduation Outlook in Minnetonka
$45,892
Starting Salary
2.3%
Unemployment Rate
69%
Graduation Rate
~10 yrs
ROI Payback Period
Return on Investment Analysis
Graduates from colleges in Minnetonka earn a median starting salary of $45,892, which is $10,892 more per year than the average high school graduate salary of $35,000. At a 4-year public university cost of $111,536 (including room and board), it would take approximately 10 years of the salary premium to recoup the investment. With average financial aid of $12,570 per student per year, the net cost and payback period can be significantly reduced.
Other Cities in Minnesota
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15 colleges · Avg tuition $15,142
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8 colleges · Avg tuition $8,930
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5 colleges · Avg tuition $13,872
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Moorhead
3 colleges · Avg tuition $8,982
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4 colleges · Avg tuition $9,040
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2 colleges · Avg tuition $8,666
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11 colleges · Avg tuition $14,200
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