Housing costs in St. Paul?
A typical home costs
$357,900, which is 5.9% more expensive than the national average of
$338,100 and 15.6% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in St. Paul costs
$1,440 per month, which is 16.1% more than the national average of
$1,240 and 2.8% more than the state average of
$1,400.
Can I afford St. Paul?
To live comfortably in St. Paul (zip 55108), Minnesota, a minimum annual income of
$68,400 for a family, and
$47,200 for a single person is recommended.
What does A.I. say about St. Paul?
The cost of living in 55108 St. Paul, MN is slightly higher than the national average, but still relatively affordable. Rent prices for one-bedroom apartments in the area range from $680 to $900 a month on average. Additionally, the median home price in this zip code is around $220,000. Groceries and food costs are also generally lower than other parts of the country, making it easier for residents to stretch their budgets further. Public transportation is also readily available and inexpensive compared to nearby cities, providing an additional cost-effective option for commuters.