Mahtomedi, MN Cost Of Living
Cost Of Living In Mahtomedi, MN Summary
Cost of living in Mahtomedi research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Mahtomedi is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Minnesota, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Mahtomedi is 118, with 100 being the average.
The cost of living index in Mahtomedi is 1.2x higher than the national average.
Mahtomedi ranks as the #129 cheapest in Minnesota out of 147.
Mahtomedi ranks as the #4,687 cheapest out of 6,412 in the US.
The median home value in Mahtomedi is $383,800.
The median income in Mahtomedi is $124,276.
Table Of Contents
Mahtomedi's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Mahtomedi, MN?
According to the most recent data on the cost of living, Mahtomedi has an overall cost of living index of 118, which is 1.2x higher than the national index of 100.
Compared to Minnesota, Mahtomedi has a cost of living index that's 1.2x higher than Minnesota's index of 95.
The standard of living in Mahtomedi ranks as #129 most affordable out of the 147 places we measured in Minnesota. By definition, that implies Mahtomedi ranks as the #18 most expensive place in the North Star State.
For more reading on life in Mahtomedi, check out:
- Living In Mahtomedi
- Search Homes For Sale In Mahtomedi, MN
In Minnesota
In America
Mahtomedi Cost Of Living Vs. Minnesota
Six factors go into calculating the cost of living index in Mahtomedi. Here is how it fairs on each of the criteria:
The Services index in Mahtomedi is 114.
The Groceries index in Mahtomedi is 103.
The Health index in Mahtomedi is 103.
The Housing index in Mahtomedi is 144.
The Transportation index in Mahtomedi is 101.
The Utilities index in Mahtomedi is 96.
| Living Expense | Mahtomedi | Minnesota | National Average | |
|---|---|---|---|---|
| Overall | 118 | 95 | 100 | |
| Services | 114 | 101 | 100 | |
| Groceries | 103 | 98 | 100 | |
| Health | 103 | 111 | 100 | |
| Housing | 144 | 83 | 100 | |
| Transportation | 101 | 98 | 100 | |
| Utilities | 96 | 95 | 100 | |
Mahtomedi, MN Housing Cost Breakdown
Housing swings affordability the most between places in Minnesota, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Mahtomedi is $383,800.
The Median Rent in Mahtomedi is $1,683.
The Median Income in Mahtomedi is $124,276.
The Home Value To Income in Mahtomedi is 3.1x.
The Rent To Monthly Income in Mahtomedi is 0.16x.
| Statistic | Mahtomedi | Minnesota | United States |
|---|---|---|---|
| Median Home Value | $383,800 | $250,200 | $244,900 |
| Median Rent | $1,683 | $1,081 | $1,163 |
| Median Income | $124,276 | $77,706 | $69,021 |
| Home Value To Income | 3.1x | 3.2x | 3.5x |
| Rent To Monthly Income | 0.16x | 0.17x | 0.2x |
Median Home Value
Median Rent
Median Income
Mahtomedi, MN Costs By Category
Detailed Mahtomedi Services Costs Vs. Minnesota
Detailed Mahtomedi Groceries Costs Vs. Minnesota
Detailed Mahtomedi Health Costs Vs. Minnesota
Detailed Mahtomedi Transportation Costs Vs. Minnesota
Detailed Mahtomedi Utilities Costs Vs. Minnesota
Mahtomedi SnackAbility
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Cost Of Living In Cities Around Mahtomedi
The cost of living varies in the cities and towns around Mahtomedi. Here's a quick look at the cost of living in the most populous nearby places:
Woodbury, MN has a cost of living index of 122, 1.0x Mahtomedi.
Eagan, MN has a cost of living index of 112, 0.9x Mahtomedi.
Maplewood, MN has a cost of living index of 104, 0.9x Mahtomedi.
| City | Population | Cost Of Living | Vs. Mahtomedi |
|---|---|---|---|
| Woodbury, MN | 74,014 | 122 | 1.0x |
| Eagan, MN | 68,205 | 112 | 0.9x |
| Maplewood, MN | 41,673 | 104 | 0.9x |
| Cottage Grove, MN | 38,582 | 111 | 0.9x |
| Richfield, MN | 36,899 | 104 | 0.9x |
| Shoreview, MN | 26,871 | 110 | 0.9x |
| White Bear Lake, MN | 24,520 | 107 | 0.9x |
| Golden Valley, MN | 22,247 | 116 | 1.0x |
| Hugo, MN | 15,541 | 112 | 0.9x |
| Vadnais Heights, MN | 12,931 | 106 | 0.9x |
