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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)

Tuition$56,800
Room & Board$54,736

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

UniversityTypeAnnual Tuition
Minnetonka State UniversityPublic$13,298
Minnetonka Community CollegeCommunity$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

CategoryMinnetonkaNational AvgDifference
Public Tuition (In-State)$14,200$10,940+$3,260
Monthly Rent Near Campus$1,002$1,050-$48
Cost of Living Index102.1100+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

37

Walk Score

Car-Dependent

25

Transit Score

Minimal Transit

7.7%

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.

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