Can An Accountant Afford Rent in Hopkins, MN?
Comfortably affordable — rent takes 19.6% of gross income.
Hopkins rent: June 2026. Salary: BLS OEWS May 2024 (Minnesota state estimate).
About rent and an accountant salary
Accountant pay covers comfortable rent in nearly every US city. The cost-of-living premium that high-cost metros add to rent is offset, in most cases, by higher local accountant pay — but not entirely. At the national-average accountant salary, the 30% rule supports about $2,270 a month in rent, which is above the median rent in most metros tracked here. The per-city pages quantify the surplus or pinch in each market.
Cheaper rent nearby
These Minnesota cities have lower median rent than Hopkins, which improves the affordability math on an accountant salary:
Compare with full rent data for Hopkins
View full rent data for Hopkins, MN →Frequently asked questions
Can an accountant afford rent in Hopkins, MN?
Median rent in Hopkins is $1,539 a month. A typical accountant in Minnesota earns about $94,411 a year, which makes that rent 19.6% of gross monthly income. Under the 30% rule, the answer is yes.
How much rent can an accountant afford in Hopkins?
Using the 30% rule, an accountant salary in Minnesota (~$94,411/yr) supports up to $2,360 a month in rent. Hopkins's current median rent is $1,539/mo, which leaves a $821/mo buffer.
How many hours does an accountant work to cover rent in Hopkins?
At an hourly equivalent of about $45 an hour, an accountant in Minnesota works roughly 33.9 hours a month to cover Hopkins's median rent of $1,539.
Where is rent cheaper than Hopkins for an accountant?
Nearby Minnesota cities with lower median rent include Maplewood ($1,537/mo), Brooklyn Center ($1,534/mo), Robbinsdale ($1,533/mo). Each shifts the affordability math materially on an accountant salary.