Housing costs in St. Paul?
A typical home costs
$282,100, which is 16.6% less expensive than the national average of
$338,100 and 8.9% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in St. Paul costs
$1,550 per month, which is 25.0% more than the national average of
$1,240 and 9.7% more than the state average of
$1,400.
Can I afford St. Paul?
To live comfortably in St. Paul (zip 55114), Minnesota, a minimum annual income of
$54,000 for a family, and
$50,800 for a single person is recommended.
What does A.I. say about St. Paul?
The cost of living in St. Paul, MN (55114) is generally considered to be slightly above the national average. Housing costs are particularly high in St. Paul, with a median home price of around $240,000 compared to the national median home price of $194,500. However, other costs such as groceries and utilities are slightly lower than the national averages. In addition, St. Paul is known for its relatively low taxes when compared to the rest of Minnesota. This can make it an attractive place to live for those looking for an affordable place to call home.