Housing costs in St. Louis Park?
A typical home costs
$330,700, which is 2.2% less expensive than the national average of
$338,100 and 6.8% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in St. Louis Park costs
$1,570 per month, which is 26.6% more than the national average of
$1,240 and 10.8% more than the state average of
$1,400.
Can I afford St. Louis Park?
To live comfortably in St. Louis Park (zip 55426), Minnesota, a minimum annual income of
$63,360 for a family, and
$51,200 for a single person is recommended.
What does A.I. say about St. Louis Park?
The cost of living in 55426 St. Louis Park, MN is considered to be slightly above the national average, but still quite affordable for families and individuals. The median home price in the area is around $300,000, which is significantly lower than many other cities in Minnesota and across the country. Additionally, the cost of goods and services tends to stay relatively low due to competition from many chain stores in the area. Groceries, utilities, transportation costs, and other expenses are all within average range for the region. This makes St. Louis Park an attractive destination for those looking for a quality lifestyle without breaking their budget.