Mound, MN Cost Of Living

Demographics | Cost Of Living
Updated: 2022-04-07
110
Mound's Overall Cost Of Living
1.1x
Higher Than The National Average
103 out of 147
In Minnesota
4,128 out of 6,412
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Mound is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Mound, MN?

According to the most recent data on the cost of living, Mound has an overall cost of living index of 110 which is 1.1x higher than the national index of 100.

Compared to only Minnesota, Mound has a cost of living index that's 1.1x higher than Minnesota's index of 104.

The standard of living in Mound ranks as #4,129 most affordable out of the 6,418 places we measured in Minnesota. By definition, that implies Mound ranks as the #2,289 most expensive place in the North Star State.

For more reading on life in Mound, check out:

Mound Cost Of Living Vs. Minnesota

Living Expense Mound Minnesota National Average
Overall 110 104 100
Services 112 106 100
Groceries 104 102 100
Health 102 113 100
Housing 113 101 100
Transportation 99 102 100
Utilities 97 98 100
For more reading on cost of living around Minnesota, check out:
Mound Cost of Living Vs. MN

Mound, MN Housing Cost Breakdown

Housing swings affordability the most between places in Minnesota, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$255,200
Median Home Value
$822
Median Rent
$75,542
Median Income
Statistic Mound Minnesota United States
Median Home Value $255,200 $235,700 $229,800
Median Rent $822 $1,010 $1,096
Median Income $75,542 $73,382 $64,994
Home Value To Income 3.4x 3.2x 3.5x
Rent To Monthly Income 0.13x 0.17x 0.2x

Detailed Mound Services Costs Vs. Minnesota

Item Mound Minnesota
Shampoo $1.09 $1.06
Movie $9.96 $10.68
Bowling $22.57 $14.67

Detailed Mound Groceries Costs Vs. Minnesota

Item Mound Minnesota
Ground Beef $4.4 $4.22
Fried Chicken $2.1 $1.39
Milk $2.6 $2.05

Detailed Mound Health Costs Vs. Minnesota

Item Mound Minnesota
Haircut $24.2 $18.62
Beauty Salon $34.39 $39.05
Toothpaste $3.36 $2.34

Detailed Mound Transportation Costs Vs. Minnesota

Item Mound Minnesota
Potatoes $3.32 $3.29
Pizza $12.99 $10.62
Beer $8.96 $9.38
Optometrist $89.59 $108.57
Doctor $147.85 $116.17
Dentist $86.94 $99.13

Detailed Mound Utilities Costs Vs. Minnesota

Item Mound Minnesota
Gasoline $2.06 $2.22
Tire Balancing $58.37 $50.07
All Electricity $160.63 $167.67
Phone $180.98 $175.64

Mound SnackAbility

6
/10
Overall SnackAbility
Jobs
8.5/10
Housing
8
Affordability
8
Diversity
5
Safety
N/A
Amenities
8.5
Education
9
Commute
4

Cost Of Living In Cities Around Mound

City Population Cost Of Living Vs. Mound
Plymouth, MN 78,879 122 1.1x
Maple Grove, MN 71,569 117 1.1x
Eden Prairie, MN 64,481 121 1.1x
Minnetonka, MN 53,760 121 1.1x
Edina, MN 52,215 135 1.2x
Golden Valley, MN 21,611 116 1.1x
Rogers, MN 13,183 120 1.1x
Victoria, MN 9,787 128 1.2x
Orono, MN 8,217 157 1.4x
Minnetrista, MN 7,989 146 1.3x

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