Mahtomedi, MN Cost Of Living

Demographics | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Mahtomedi, MN Summary

Cost of living in Mahtomedi research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Mahtomedi is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Minnesota, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

  • The cost of living index in Mahtomedi is 118, with 100 being the average.

  • The cost of living index in Mahtomedi is 1.2x higher than the national average.

  • Mahtomedi ranks as the #129 cheapest in Minnesota out of 147.

  • Mahtomedi ranks as the #4,687 cheapest out of 6,412 in the US.

  • The median home value in Mahtomedi is $383,800.

  • The median income in Mahtomedi is $124,276.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
118
Mahtomedi's Overall Cost Of Living
1.2x
Higher Than The National Average

What is the cost of living in Mahtomedi, MN?

According to the most recent data on the cost of living, Mahtomedi has an overall cost of living index of 118, which is 1.2x higher than the national index of 100.

Compared to Minnesota, Mahtomedi has a cost of living index that's 1.2x higher than Minnesota's index of 95.

The standard of living in Mahtomedi ranks as #129 most affordable out of the 147 places we measured in Minnesota. By definition, that implies Mahtomedi ranks as the #18 most expensive place in the North Star State.

For more reading on life in Mahtomedi, check out:

129 out of 147
In Minnesota
4,687 out of 6,412
In America

Mahtomedi Cost Of Living Vs. Minnesota

Six factors go into calculating the cost of living index in Mahtomedi. Here is how it fairs on each of the criteria:

  • The Services index in Mahtomedi is 114.

  • The Groceries index in Mahtomedi is 103.

  • The Health index in Mahtomedi is 103.

  • The Housing index in Mahtomedi is 144.

  • The Transportation index in Mahtomedi is 101.

  • The Utilities index in Mahtomedi is 96.

Living Expense Mahtomedi Minnesota National Average
Overall 118 95 100
Services 114 101 100
Groceries 103 98 100
Health 103 111 100
Housing 144 83 100
Transportation 101 98 100
Utilities 96 95 100
For more reading on cost of living around Minnesota, check out:
Mahtomedi Cost of Living Vs. MN

Mahtomedi, MN Housing Cost Breakdown

Housing swings affordability the most between places in Minnesota, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:

  • The Median Home Value in Mahtomedi is $383,800.

  • The Median Rent in Mahtomedi is $1,683.

  • The Median Income in Mahtomedi is $124,276.

  • The Home Value To Income in Mahtomedi is 3.1x.

  • The Rent To Monthly Income in Mahtomedi is 0.16x.

Statistic Mahtomedi Minnesota United States
Median Home Value $383,800 $250,200 $244,900
Median Rent $1,683 $1,081 $1,163
Median Income $124,276 $77,706 $69,021
Home Value To Income 3.1x 3.2x 3.5x
Rent To Monthly Income 0.16x 0.17x 0.2x
Search Homes For Sale In Mahtomedi, MN
$383,800
Median Home Value
$1,683
Median Rent
$124,276
Median Income

Mahtomedi, MN Costs By Category

Detailed Mahtomedi Services Costs Vs. Minnesota

Item Mahtomedi Minnesota
Shampoo $1.11 $1.06
Movie $10.55 $10.68
Bowling $25.79 $14.67
Haircut $25.21 $18.62
Beauty Salon $35.12 $39.05

Detailed Mahtomedi Groceries Costs Vs. Minnesota

Item Mahtomedi Minnesota
Ground Beef $4.45 $4.22
Fried Chicken $2.2 $1.39
Milk $2.59 $2.05
Potatoes $3.33 $3.29
Pizza $12.95 $10.62
Beer $9.01 $9.38
Toothpaste $3.37 $2.34

Detailed Mahtomedi Health Costs Vs. Minnesota

Item Mahtomedi Minnesota
Optometrist $90.27 $108.57
Doctor $148.38 $116.17
Dentist $86.91 $99.13

Detailed Mahtomedi Transportation Costs Vs. Minnesota

Item Mahtomedi Minnesota
Gasoline $2.06 $2.22
Tire Balancing $59.83 $50.07

Detailed Mahtomedi Utilities Costs Vs. Minnesota

Item Mahtomedi Minnesota
All Electricity $156.09 $167.67
Phone $182.1 $175.64

Mahtomedi SnackAbility

7
/10
Overall SnackAbility
Jobs
9/10
Housing
9
Affordability
8
Diversity
4
Safety
N/A
Amenities
8.5
Education
9.5
Commute
8

Cost Of Living In Cities Around Mahtomedi

The cost of living varies in the cities and towns around Mahtomedi. Here's a quick look at the cost of living in the most populous nearby places:

  • Woodbury, MN has a cost of living index of 122, 1.0x Mahtomedi.

  • Eagan, MN has a cost of living index of 112, 0.9x Mahtomedi.

  • Maplewood, MN has a cost of living index of 104, 0.9x Mahtomedi.

City Population Cost Of Living Vs. Mahtomedi
Woodbury, MN 74,014 122 1.0x
Eagan, MN 68,205 112 0.9x
Maplewood, MN 41,673 104 0.9x
Cottage Grove, MN 38,582 111 0.9x
Richfield, MN 36,899 104 0.9x
Shoreview, MN 26,871 110 0.9x
White Bear Lake, MN 24,520 107 0.9x
Golden Valley, MN 22,247 116 1.0x
Hugo, MN 15,541 112 0.9x
Vadnais Heights, MN 12,931 106 0.9x

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