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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.
How Much Does an MRI Cost? The average MRI scan on SaveOnMedical.com costs between $430.00 and $600. Prices vary by location based on what part of the body is being scanned, if the procedure requires contrast and if the provider charges extra for contrast. Fun Fact: over 26 million MRI scans are performed each costing about 18 billion dollars.