Housing costs in St. Peter?
A typical home costs
$203,800, which is 39.7% less expensive than the national average of
$338,100 and 34.2% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in St. Peter costs
$1,080 per month, which is 24.5% cheaper than the national average of
$1,430 and 14.8% cheaper than the state average of
$1,240.
Can I afford St. Peter?
To live comfortably in St. Peter, Minnesota, a minimum annual income of
$38,880 for a family, and
$34,400 for a single person is recommended.
What does A.I. say about St. Peter?
The cost of living in St. Peter, MN is relatively affordable compared to other cities in Minnesota and the national average. Home prices in St. Peter are lower than average for the state, with a median home price of $180,800. Rent prices are also quite affordable at an average of $904 per month for a one-bedroom apartment. Groceries and utilities are also considered to be slightly lower than the national average. The low cost of living combined with the small town atmosphere make St. Peter an attractive destination for individuals and families looking for a more affordable place to call home.