Mounds View, MN Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2022-04-08
99
Mounds View's Overall Cost Of Living
1.0x
Lower Than The National Average
42 out of 147
In Minnesota
3,027 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 Mounds View is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Mounds View, MN?

According to the most recent data on the cost of living, Mounds View has an overall cost of living index of 99 which is 1.0x lower than the national index of 100.

Compared to only Minnesota, Mounds View has a cost of living index that's 1.0x lower than Minnesota's index of 104.

The standard of living in Mounds View ranks as #3,027 most affordable out of the 6,418 places we measured in Minnesota. By definition, that implies Mounds View ranks as the #3,392 most expensive place in the North Star State.

For more reading on life in Mounds View, check out:

Mounds View Cost Of Living Vs. Minnesota

Living Expense Mounds View Minnesota National Average
Overall 99 104 100
Services 109 106 100
Groceries 105 102 100
Health 103 113 100
Housing 92 101 100
Transportation 102 102 100
Utilities 97 98 100
For more reading on cost of living around Minnesota, check out:
Mounds View Cost of Living Vs. MN

Mounds View, 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.

$221,600
Median Home Value
$946
Median Rent
$73,243
Median Income
Statistic Mounds View Minnesota United States
Median Home Value $221,600 $235,700 $229,800
Median Rent $946 $1,010 $1,096
Median Income $73,243 $73,382 $64,994
Home Value To Income 3.0x 3.2x 3.5x
Rent To Monthly Income 0.15x 0.17x 0.2x

Detailed Mounds View Services Costs Vs. Minnesota

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

Detailed Mounds View Groceries Costs Vs. Minnesota

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

Detailed Mounds View Health Costs Vs. Minnesota

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

Detailed Mounds View Transportation Costs Vs. Minnesota

Item Mounds View 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 Mounds View Utilities Costs Vs. Minnesota

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

Mounds View SnackAbility

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

Cost Of Living In Cities Around Mounds View

City Population Cost Of Living Vs. Mounds View
Plymouth, MN 78,879 122 1.2x
Maple Grove, MN 71,569 117 1.2x
Woodbury, MN 71,298 122 1.2x
Blaine, MN 65,048 104 1.1x
Minnetonka, MN 53,760 121 1.2x
Edina, MN 52,215 135 1.4x
Fridley, MN 27,789 103 1.0x
Shoreview, MN 26,922 110 1.1x
Champlin, MN 24,980 110 1.1x
New Brighton, MN 22,663 110 1.1x

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