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The average cost for a knee MRI, which stands for magnetic resonance imaging, is about $770, as of 2014, according to Healthcare Bluebook. This is the price for an MRI with no contrast.
An MRI of the knee will most likely NOT involve a needle, ESPECIALLY in the knee. Sometimes MRIs call for dye injections though, which in all likelihood you will not be having. Even if you were to have this, you would know by now (your doctor or a radiologist would have told you prior to the MRI.).n MRI of the knee will most likely NOT involve a needle, ESPECIALLY in the knee. Sometimes MRIs call for dye injections though, which in all likelihood you will not be having. Even if you were to have this, you would know by now (your doctor or a radiologist would have told you prior to the MRI.).