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 105, which is 1.1x higher than the national index of 100.
Compared to Minnesota, Mounds View has a cost of living index that's 1.0x higher than Minnesota's index of 101.
The standard of living in Mounds View ranks as #68 most affordable out of the 151 places we measured in Minnesota. By definition, that implies Mounds View ranks as the #83 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
Six factors go into calculating the cost of living index in Mounds View. Here is how it fares on each of the criteria:
The Services index in Mounds View is 98.
The Groceries index in Mounds View is 96.
The Health index in Mounds View is 112.
The Housing index in Mounds View is 97.
The Transportation index in Mounds View is 109.
The Utilities index in Mounds View is 101.
| Living Expense | Mounds View | Minnesota | National Average |
|---|---|---|---|
| Overall | 105 | 101 | 100 |
| Services | 98 | 101 | 100 |
| Groceries | 96 | 99 | 100 |
| Health | 112 | 99 | 100 |
| Housing | 97 | 101 | 100 |
| Transportation | 109 | 103 | 100 |
| Utilities | 101 | 101 | 100 |
Mounds View Cost Of Living Compared To Minnesota Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Minnesota, check out:
Protect your home budget Compare home warranties in Mounds View Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Mounds View, 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 2020-2024. The key points are:
The Median Home Value in Mounds View is $341,297.
The Median Rent in Mounds View is $1,245.
The Median Income in Mounds View is $90,009.
The Home Value To Income in Mounds View is 3.8x.
The Rent To Monthly Income in Mounds View is 0.17x.
| Statistic | Mounds View | Minnesota | United States |
|---|---|---|---|
| Median Home Value | $341,297 | $346,667 | $332,700 |
| Median Rent | $1,245 | $1,280 | $1,413 |
| Median Income | $90,009 | $89,062 | $80,734 |
| Home Value To Income | 3.8x | 3.9x | 4.1x |
| Rent To Monthly Income | 0.17x | 0.17x | 0.21x |
Mounds View, MN Costs By Category
Detailed Mounds View Services costs vs. Minnesota
| Item | Mounds View | 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 Mounds View Groceries costs vs. Minnesota
| Item | Mounds View | 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 Mounds View Health costs vs. Minnesota
| Item | Mounds View | Minnesota |
|---|---|---|
| Optometrist | $112.72 | $125.68 |
| Doctor | $164.15 | $135.78 |
| Dentist | $95.01 | $113.29 |
Detailed Mounds View Transportation costs vs. Minnesota
| Item | Mounds View | Minnesota |
|---|---|---|
| Gasoline | $3.32 | $3.46 |
| Tire Balancing | $59.91 | $59.92 |
Detailed Mounds View Utilities costs vs. Minnesota
| Item | Mounds View | Minnesota |
|---|---|---|
| All Electricity | $180.11 | $193.99 |
| Phone | $187.59 | $192.25 |
Mounds View SnackAbility
Cost Of Living In Cities Around Mounds View
The cost of living varies in the cities and towns around Mounds View. 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, 1.2x Mounds View.
Woodbury, MN has a cost of living index of 120, 1.1x Mounds View.
Blaine, MN has a cost of living index of 114, 1.1x Mounds View.
| City | Population | Cost Of Living | Vs. Mounds View |
|---|---|---|---|
| Plymouth, MN | 79,220 | 124 | 1.2x |
| Woodbury, MN | 78,305 | 120 | 1.1x |
| Blaine, MN | 72,488 | 114 | 1.1x |
| Maple Grove, MN | 71,173 | 117 | 1.1x |
| Edina, MN | 53,262 | 141 | 1.3x |
| Minnetonka, MN | 53,064 | 127 | 1.2x |
| Fridley, MN | 30,241 | 105 | 1.0x |
| Shoreview, MN | 26,714 | 116 | 1.1x |
| Champlin, MN | 23,294 | 111 | 1.1x |
| New Brighton, MN | 22,710 | 113 | 1.1x |
