Housing costs in St. Peter?
A typical home costs
$260,600, which is 22.9% less expensive than the national average of
$338,100 and 15.8% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in St. Peter costs
$1,090 per month, which is 12.1% cheaper than the national average of
$1,240 and 2.8% more than the state average of
$1,060.
Can I afford St. Peter?
To live comfortably in St. Peter (zip 56082), Minnesota, a minimum annual income of
$50,040 for a family, and
$34,800 for a single person is recommended.
What does A.I. say about St. Peter?
The cost of living in 56082 St. Peter, MN is very reasonable. The median home value is around $204,000, which is slightly lower than the state median of $211,800. The cost of groceries and health care services are also quite affordable for residents in this area. The median household income is around $41,118 which is slightly lower than the state's median of $60,702. Overall the cost of living in this area is relatively low compared to other parts of the country making it a great destination for families and individuals looking to save money on their living expenses.