Mounds View, MN vs Ramsey, MN
There is a significant gap in the cost of living between these two cities. Mounds View is 17.9% cheaper than Ramsey. With a cost index of 98 vs 119, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Mounds View to Ramsey should plan for substantially higher expenses across most categories.
On the housing front, median rent in Mounds View is $1,216/month compared to $1,780/month in Ramsey — a 32% difference. Home values follow the same pattern: Mounds View is more affordable at $294,500 median vs $345,000.
Median household income in Mounds View is $90,148 compared to $112,060 in Ramsey (-19.6%). While Ramsey is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Mounds View spend roughly 16.2% of their income on rent, less than the 19.1% in Ramsey.
Climate-wise, both cities share similar average temperatures (45.8°F vs 45.8°F). Ramsey receives more rainfall at 30.7" per year compared to 30.7" in Mounds View.
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