The city of St. Paul, MN has much to offer its residents - from thriving local businesses to a cost of living that is below the US average. Located in Ramsey County and part of the Twin Cities metro area, St. Paul is home to numerous companies such as Ecolab, 3M, and Xcel Energy. In St. Paul, the average 2-bedroom rent is $1,310 per month compared to the US average which is $1,430 per month. The Grocery Cost Index for St. Paul stands at 100 versus 100 in the US; overall this contributes to its lower than average cost of living when compared to other parts of the country.
St. Paul (zip 55104) has an unemployment rate of 4.9%. The US average is 6.0%.
St. Paul (zip 55104) has seen the job market decrease by -3.6% over the last year. Future job growth over the next ten years is predicted to be 35.9%, which is higher than the US average of 33.5%.
Tax Rates for St. Paul (zip 55104)
- The Sales Tax Rate for St. Paul (zip 55104) is 7.9%. The US average is 7.3%.
- The Income Tax Rate for St. Paul (zip 55104) is 7.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for St. Paul (zip 55104)
- The average income of a St. Paul (zip 55104) resident is $37,370 a year. The US average is $37,638 a year.
- The Median household income of a St. Paul (zip 55104) resident is $65,905 a year. The US average is $69,021 a year.