Mound, MN Cost of Living


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How much do I need to live in Mound, Minnesota?
$5,640 / month
for a family, 4.4% more expensive than the national average A total of $67,680 for the year for a family.
$3,767 / month
for a single person, 21.0% less expensive than the national average A total of $45,200 for the year for a single person.

Mound cost of living score
107.2
More expensive
7.2% higher
than the US average
10.3% higher
than the Minnesota average
Mound, Minnesota gets a BestPlaces Cost of Living score of 107.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 7.2% higher than the U.S. average and 10.3% higher than the average for Minnesota.

Mound, MN

Housing costs in Mound?
A typical home costs $354,000, which is 4.7% more expensive than the national average of $338,100 and 14.4% more expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Mound costs $1,380 per month, which is 3.5% cheaper than the national average of $1,430 and 10.1% more than the state average of $1,240.

Can I afford Mound?
To live comfortably in Mound, Minnesota, a minimum annual income of $67,680 for a family, and $45,200 for a single person is recommended.

What does A.I. say about Mound?
The cost of living in Mound, MN is surprisingly affordable. The cost of housing is very reasonable with the median home price being $225,279 which is much lower than the national average and other similar cities throughout Minnesota. Other household expenses including food, transportation, health care, and utilities are also all lower than the national averages. This means that residents of Mound enjoy a high quality of life with plenty of amenities at an affordable cost.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesMoundMinnesotaUnited States
    Unlock97.2100.0
  103.1  Unlock100.0
    Unlock78.3100.0
  110.8  Unlock100.0
    Unlock$309,500$338,100
  95.8  Unlock100.0
    Unlock96.4100.0
  144.4  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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