Cost of Living in Saint paul, MN
Housing
The housing market plays a significant role in determining the cost of living in Saint paul, MN.
- Housing Index: 115.0 / 100
- Median Home Price is: $275000
- Average Rent (2 BR Apartment): $1500 per month
- Average Rent (2 BR House): $1600 per month
If you're considering a move to Saint paul, MN, it’s important to weigh the housing data provided. With a housing index of 115.0, and a median home price of 275000, buying a home is relatively feasible. However, the average rent for a 2-bedroom apartment at 1500 and a 2-bedroom house at 1600 indicates a competitive rental market. Generally, rental prices can vary based on location, amenities, and market conditions. Be sure to consider your own financial situation and long-term living goals as you make your decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Saint paul, MN.
- Electricity Price: $16.38 USD (median by state)
- Natural Gas Price: $14.87 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $250 per month
Living in Saint paul, MN could entail higher utility costs. Electricity costs sit at $16.38, while natural gas is priced at $14.87 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $250 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Saint paul is a financially viable option for your relocation.