Cost of Living in Mounds View, MN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
132.8
100 = national avg
+32.8 vs national average
Living Wage (1 Adult)
$58,423
per year
Living Wage (Family of 4)
$138,091
per year
Cost Index by Category
Housing143.1
Food118.9
Transportation137.8
Healthcare115.1
Utilities120.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,405
per month
2 Bedroom
$1,709
per month
The overall cost of living index in Mounds View is 132.8, which is 32.8% above the national average. Housing costs are above the national average at an index of 143.1. A single adult needs to earn approximately $58,423 per year to cover basic expenses.