Housing costs in Mounds View?
A typical home costs
$313,000, which is 7.4% less expensive than the national average of
$338,100 and 1.1% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Mounds View costs
$1,290 per month, which is 9.8% cheaper than the national average of
$1,430 and 3.9% more than the state average of
$1,240.
Can I afford Mounds View?
To live comfortably in Mounds View, Minnesota, a minimum annual income of
$60,120 for a family, and
$42,000 for a single person is recommended.
What does A.I. say about Mounds View?
Mounds View, MN is an affordable place to live. According to BestPlaces, the cost of living index in Mounds View is around 85.7, which is quite low compared to other cities in the United States. Housing and rent prices are especially attractive; they are lower than the national average, with one-bedroom apartments averaging at around $934 a month and three-bedroom apartments costing about $1,468 a month. Additionally, groceries and utilities are also reasonably priced when compared to other cities. In short, Mounds View offers an affordable yet comfortable lifestyle for its residents.