Cost of Living in Mahtomedi, MN

Population 8,108 · Minnesota · Data vintage 2023

141
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Mahtomedi sits on the smaller end of the Minnesota city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. The labor market has been unusually tight, with unemployment around 2.7% — below most comparable cities in the state.

Geographically, Mahtomedi sits roughly 10 miles northeast of St. Paul. Median home values run roughly 66% higher than St. Paul's $280,000.

Cost Overview

Housing 153
Rent 122

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Mahtomedi

The median home value in Mahtomedi is $466,100 — 53% above the national median of $305,000. Median rent runs $1,608/month, 22% higher than the national median of $1,314/month. The median household income of $132,326/year is 77% higher than the US median of $74,580. The local unemployment rate is 2.7%, below the national average of 4.8%. Minnesota's top state income tax rate is 9.8% and the combined sales tax is 7.4%. Overall, Mahtomedi has a cost of living index of 141 versus the US average of 100, meaning it is 41% more expensive.

🏠 Housing

Median Home Value
$466,100
53% above avg
Zillow Home Value
$346,826
Zillow ZHVI
Median Rent
$1,608/mo
22% above avg
Price-to-Rent Ratio
24.2x
Favors renting
Property Tax Rate
1.1%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$702
1 BR
$784
2 BR
$937
3 BR
$1,307
4 BR
$1,537
Owner-occupied 83.2%
Renter-occupied 16.8%

💰 Estimated Monthly Budget

Rent median rent
$1,608
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,222/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
26.9 min
0% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
29.2%

Commute Mode

Drove alone
66.0%
Carpooled
3.2%
Public transit
0.2%
Walked
0.1%
Bicycle
0.6%
Work from home
29.2%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 9.8%
Total Sales Tax 7.4%
State rate 6.9%
Avg local rate 0.6%
Property Tax 1.1%

💼 Income & Employment

Median Household Income
$132,326
77% above avg
Per Capita Income
$72,037
Unemployment Rate
2.7%
43% below avg
Poverty Rate
3.9%
Labor Force Participation
62.8%

🎓 Education

Bachelor's degree+ 36.8%
Graduate degree 25.8%

👥 Demographics

Median Age 43.3
Male median age 41.7
Female median age 46.1

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 42 — Good
80.8%
Good air days/yr
140
Max AQI recorded
0
PM2.5 days
240
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

99%
4-Year Graduation Rate
22.6:1
Student-teacher ratio
6
Public schools
3,338
Total enrollment

Frequently Asked Questions

What is the cost of living in Mahtomedi, MN?

Mahtomedi has a cost index of 141 (100 = national average). It is 41% above the national average.

What is average rent in Mahtomedi, MN?

The median gross rent in Mahtomedi is $1,608 per month based on 2023 Census data.

What is the average home price in Mahtomedi?

The median home value in Mahtomedi is $466,100 according to Zillow and Census data.

What is the median income in Mahtomedi?

The median household income in Mahtomedi is $132,326 per year (2023 ACS 5-year estimates).

What is the sales tax in Mahtomedi, MN?

The combined state and local sales tax rate in Mahtomedi is 7.4%. The Minnesota state income tax top rate is 9.8%.

Is Mahtomedi, MN affordable?

Mahtomedi is above average in cost of living, with an index of 141 — about 41% higher than the national average.

Mahtomedi at a Glance

Population
8,108
Median Income
$132,326
Home Value
$466,100
Median Rent
$1,608/mo
Unemployment
2.7%
Sales Tax
7.4%
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🗺️ County data for Minnesota

Explore county-level cost of living data

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