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College Costs in Shakopee, MN 2026

Compare tuition, housing, and financial aid across 2 colleges in Shakopee, 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

$867

per month

Colleges & Universities

2

institutions

Shakopee Overview

Population

44,091

Student Population

2,998 (6.8%)

Cost of Living Index

98.4 (avg: 100)

Walk Score

50/100

Transit Score

16/100

Unemployment Rate

2.9%

College Cost Calculator for Shakopee

Cost Inputs

Total Cost (4 Years, Public In-State)

$110,680

Total After Financial Aid

$110,680

Annual Cost

$27,670

Annual After Aid

$27,670

Cost Breakdown (4 Years)

Tuition$56,800
Room & Board$53,880

If Financed (10-Year Loan at 6.5%)

Loan Amount$110,680
Monthly Payment$1,257
Total Interest$40,130
Total Loan Cost$150,810

Universities in Shakopee

UniversityTypeAnnual Tuition
Shakopee State UniversityPublic$15,038
Shakopee Community CollegeCommunity$5,104

Shakopee has 2 total colleges and universities. Tuition figures are approximate annual in-state rates for the 2025-2026 academic year.

Cost of Living in Shakopee vs. National Average

CategoryShakopeeNational AvgDifference
Public Tuition (In-State)$14,200$10,940+$3,260
Monthly Rent Near Campus$867$1,050-$183
Cost of Living Index98.4100-1.5999999999999943

Shakopee's cost of living is near the national average. Students can expect typical expenses comparable to most other U.S. cities.

Student Life in Shakopee

50

Walk Score

Somewhat Walkable

16

Transit Score

Minimal Transit

6.8%

Student Population

2,998 students

Shakopee has a total population of 44,091, with approximately 2,998 college students (6.8% of the population). While not primarily a college town, Shakopee offers students access to urban amenities, diverse employment opportunities, and a wide range of cultural experiences.

Post-Graduation Outlook in Shakopee

$44,719

Starting Salary

2.9%

Unemployment Rate

72%

Graduation Rate

~11 yrs

ROI Payback Period

Return on Investment Analysis

Graduates from colleges in Shakopee earn a median starting salary of $44,719, which is $9,719 more per year than the average high school graduate salary of $35,000. At a 4-year public university cost of $110,680 (including room and board), it would take approximately 11 years of the salary premium to recoup the investment. With average financial aid of $9,114 per student per year, the net cost and payback period can be significantly reduced.

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