Mound Prairie, MN Cost of Living


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Mound Prairie cost of living score
87.6
Less expensive
12.4% lower
than the US average
9.9% lower
than the Minnesota average
Mound Prairie, Minnesota gets a BestPlaces Cost of Living score of 87.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 12.4% lower than the U.S. average and 9.9% higher than the average for Minnesota.

Mound Prairie, MN

Housing costs in Mound Prairie?
A typical home costs $334,100, which is 1.2% less expensive than the national average of $338,100 and 7.9% more expensive than the average Minnesota home, at $309,500. Renting a two-bedroom unit in Mound Prairie costs $880 per month, which is 38.5% more than the national average of $1,430 and 40.9% more than the state average of $1,240.

Can I afford Mound Prairie?
To live comfortably in Mound Prairie, Minnesota, a minimum annual income of $64,080 for a family, and $27,600 for a single person is recommended.

What does A.I. say about Mound Prairie?
The cost of living in Mound Prairie, MN is relatively low compared to other areas in the United States. The median home price is around $155,000, which is significantly lower than the national average. Groceries, health care and utilities are all reasonably priced as well. Mound Prairie is a great place for families or individuals looking to live affordably without sacrificing quality of life. Additionally, the unemployment rate in Mound Prairie is comparably low at 4%, which further adds to its appeal as a great place to live.
   Cost of living score
     CategoriesMound PrairieMinnesotaUnited States
  87.697.2100.0
  96.597.2100
  91.478.3100.0
  73.2102.9100.0
  $334,100$309,500$338,100
  99.9%95.7%100.0%
  97.896.4100.0
  84.5117.4100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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