Housing costs in St. Paul?
A typical home costs
$230,600, which is 31.8% less expensive than the national average of
$338,100 and 25.5% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in St. Paul costs
$1,250 per month, which is 0.8% more than the national average of
$1,240 and 12.0% cheaper than the state average of
$1,400.
Can I afford St. Paul?
To live comfortably in St. Paul (zip 55103), Minnesota, a minimum annual income of
$44,280 for a family, and
$40,800 for a single person is recommended.
What does A.I. say about St. Paul?
The cost of living in 55103 St. Paul, MN is relatively affordable compared to other cities in the state and the nation as a whole. According to the Cost of Living Index, St. Paul's cost of living stands at a comfortable 102, meaning it is only slightly more expensive than other U.S. cities with an average index score of 100. The median rent for a two bedroom apartment averages around $1,273 per month, which is less than the state and national averages of $1,445 and $1,469 respectively. Additionally, groceries are fairly priced compared to most other cities, with basic items costing around 3% more than the national average on average. All in all, this makes St. Paul a great place for families on a budget looking for a good quality of life without breaking the bank.