Mound, MN Cost Of Living

The latest cost of living statistics for Mound. Includes statistics on rent, mortgages, healthcare, and other costs for Mound compared to the state and national averages.

Cost of living in Mound, Minnesota

Cost of living in Mound 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 Mound 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:

109 Cost of living index 1.1x higher vs US
#86 Cheapest in Minnesota (of 151)
#3,443 Cheapest in the U.S. (of 6,489)
$378,826 Median home value
$1,098 Median rent
$86,675 Median income
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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 109, which is 1.1x higher than the national index of 100.

Compared to Minnesota, Mound has a cost of living index that's 1.1x higher than Minnesota's index of 101.

The standard of living in Mound ranks as #86 most affordable out of the 151 places we measured in Minnesota. By definition, that implies Mound ranks as the #65 most expensive place in the North Star State.

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Mound Cost Of Living Vs. Minnesota

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

  • The Services index in Mound is 101.

  • The Groceries index in Mound is 98.

  • The Health index in Mound is 126.

  • The Housing index in Mound is 102.

  • The Transportation index in Mound is 108.

  • The Utilities index in Mound is 97.

Living Expense Mound Minnesota National Average
Overall 109 101 100
Services 101 101 100
Groceries 98 99 100
Health 126 99 100
Housing 102 101 100
Transportation 108 103 100
Utilities 97 101 100

Mound Cost Of Living Compared To Minnesota Averages

Services
Mound 101
Minnesota avg 101
Groceries
Mound 98
Minnesota avg 99
Health
Mound 126
Minnesota avg 99
Housing
Mound 102
Minnesota avg 101
Transportation
Mound 108
Minnesota avg 103
Utilities
Mound 97
Minnesota avg 101

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Minnesota, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Mound, MN Housing Cost Breakdown

$378,826Median Home Value
$1,098Median Rent
$86,675Median Income

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 2020-2024. The key points are:

  • The Median Home Value in Mound is $378,826.

  • The Median Rent in Mound is $1,098.

  • The Median Income in Mound is $86,675.

  • The Home Value To Income in Mound is 4.4x.

  • The Rent To Monthly Income in Mound is 0.15x.

Statistic Mound Minnesota United States
Median Home Value $378,826 $346,667 $332,700
Median Rent $1,098 $1,280 $1,413
Median Income $86,675 $89,062 $80,734
Home Value To Income 4.4x 3.9x 4.1x
Rent To Monthly Income 0.15x 0.17x 0.21x

Mound, MN Costs By Category

Detailed Mound Services costs vs. Minnesota
Item Mound Minnesota
Shampoo $1.5 $1.28
Movie $11.32 $12.13
Bowling $25.68 $18
Haircut $25.86 $24.26
Beauty Salon $37.0 $45.56
Detailed Mound Groceries costs vs. Minnesota
Item Mound Minnesota
Ground Beef $5.75 $5.84
Fried Chicken $1.4 $1.57
Milk $4.6 $4.67
Potatoes $4.76 $4.93
Pizza $13.0 $12.09
Beer $9.44 $10.41
Toothpaste $3.62 $3.7
Detailed Mound Health costs vs. Minnesota
Item Mound Minnesota
Optometrist $112.72 $125.68
Doctor $164.15 $135.78
Dentist $95.01 $113.29
Detailed Mound Transportation costs vs. Minnesota
Item Mound Minnesota
Gasoline $3.32 $3.46
Tire Balancing $59.91 $59.92
Detailed Mound Utilities costs vs. Minnesota
Item Mound Minnesota
All Electricity $180.11 $193.99
Phone $187.59 $192.25

Mound SnackAbility

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

Cost Of Living In Cities Around Mound

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

  • Plymouth, MN has a cost of living index of 124, 1.1x Mound.

  • Maple Grove, MN has a cost of living index of 117, 1.1x Mound.

  • Eden Prairie, MN has a cost of living index of 128, 1.2x Mound.

City Population Cost Of Living Vs. Mound
Plymouth, MN 79,220 124 1.1x
Maple Grove, MN 71,173 117 1.1x
Eden Prairie, MN 63,051 128 1.2x
Edina, MN 53,262 141 1.3x
Minnetonka, MN 53,064 127 1.2x
Golden Valley, MN 21,725 122 1.1x
Rogers, MN 13,685 124 1.1x
Victoria, MN 11,295 133 1.2x
Minnetrista, MN 8,708 147 1.3x
Orono, MN 8,195 174 1.6x