Housing costs in St. Cloud?
A typical home costs
$262,200, which is 22.4% less expensive than the national average of
$338,100 and 15.3% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in St. Cloud costs
$1,030 per month, which is 16.9% cheaper than the national average of
$1,240 and 5.8% more than the state average of
$970.
Can I afford St. Cloud?
To live comfortably in St. Cloud (zip 56301), Minnesota, a minimum annual income of
$50,400 for a family, and
$33,200 for a single person is recommended.
What does A.I. say about St. Cloud?
Living in 56301 St. Cloud, MN is relatively affordable compared to other cities in the United States. The cost of living index for the area is nearly 10 points lower than the national average, and housing costs are well below the national average. Renters can expect to pay around $700 per month for a one-bedroom apartment or $1,000 for a two-bedroom apartment. Utilities tend to be slightly higher than the national average, but still remain fairly low. Groceries are also quite affordable with grocery stores such as Target, Walgreens, and Aldi all offering competitive prices on groceries and other household items. All in all, living in 56301 St. Cloud makes it possible to stretch your dollar further without sacrificing much in terms of quality of life.