Housing costs in St. Cloud?
A typical home costs
$214,700, which is 36.5% less expensive than the national average of
$338,100 and 30.6% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in St. Cloud costs
$910 per month, which is 26.6% cheaper than the national average of
$1,240 and 6.6% cheaper than the state average of
$970.
Can I afford St. Cloud?
To live comfortably in St. Cloud (zip 56303), Minnesota, a minimum annual income of
$41,040 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about St. Cloud?
The cost of living in 56303 St. Cloud, MN is generally considered to be quite reasonable compared to other areas in the state. The median home value in the area is $194,400 which is about average for Minnesota as a whole. Additionally, housing costs are relatively low with an average monthly rent of $847. Groceries are also reasonably priced in the area, with a general grocery index that is slightly lower than the US average. Other essential expenses like utilities and health care are also quite affordable when compared to other parts of the country. All in all, 56303 St. Cloud makes for an ideal location for those looking for a balance between comfort and affordability.