Housing costs in Mound?
A typical home costs
$448,000, which is 32.5% more expensive than the national average of
$338,100 and 44.7% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Mound costs
$1,340 per month, which is 8.1% more than the national average of
$1,240 and 4.5% cheaper than the state average of
$1,400.
Can I afford Mound?
To live comfortably in Mound (zip 55364), Minnesota, a minimum annual income of
$85,680 for a family, and
$43,600 for a single person is recommended.
What does A.I. say about Mound?
The cost of living in 55364 Mound, MN is slightly higher than the national average. The median home value in the area is $298,800 and the median rent price is $1,549 per month. The overall cost of living index for the area is 108.6, which is 8.6% higher than the national average. Groceries, utilities, and transportation costs are all slightly above average as well. While it may be more expensive to live in this area than elsewhere, residents benefit from access to great amenities such as parks, schools, recreation centers and shopping options.