Housing costs in St. Paul?
A typical home costs
$244,000, which is 27.8% less expensive than the national average of
$338,100 and 21.2% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in St. Paul costs
$1,200 per month, which is 3.2% cheaper than the national average of
$1,240 and 16.7% cheaper than the state average of
$1,400.
Can I afford St. Paul?
To live comfortably in St. Paul (zip 55106), Minnesota, a minimum annual income of
$46,800 for a family, and
$39,200 for a single person is recommended.
What does A.I. say about St. Paul?
The cost of living in 55106 St. Paul, MN is slightly higher than the national average. However, the city still offers an affordable quality of life compared to many other metropolitan areas. Housing costs are relatively low and can fit into many budgets depending on location and amenities desired. The cost of groceries, health care, utilities, transportation and other general expenses are also within reason for most households. While it may require a bit more effort to stay within budget in St. Paul, it can certainly be done and offers a great place to live with all the benefits of being close to a major city center.