Cost of Living in St. Paul, MN: What Renters Need to Know

Moving to a new city can be tough, especially if you’re renting. You need to find the right place, get used to the area, and figure out your budget. One of the most important things to think about is how much it costs to live there. Knowing the cost of living can help you plan ahead and decide if that place is the right fit for you.

St. Paul, MN, the capital city of Minnesota, offers a unique blend of urban convenience and Midwestern charm. Known for its historical architecture, cultural attractions, and welcoming neighborhoods, St. Paul is a top choice for renters seeking affordable living options. But what is the cost of living in St. Paul? Let’s dive into the specifics and see how St. Paul compares to the state and national averages.

What is the average cost of living in St. Paul, MN?

Renting in St. Paul is an attractive option for those looking for a balanced lifestyle. The city boasts a strong economy, ample green spaces, and a vibrant arts scene. With a median household income of $69,919, St. Paul’s residents enjoy a standard of living that balances affordability with quality.

For example, the overall cost of living in St. Paul is 2% lower than the Minnesota average and 6% lower than the national average. This makes it an appealing destination for renters seeking affordability without sacrificing amenities or convenience.

Housing in St. Paul is much cheaper compared to the national average, costing about 15% less. So, whether you’re looking for a small studio or a larger two-bedroom apartment, you can find options that fit your budget better than in many other cities. For example, the average monthly rent in St. Paul is just below the $1,500 threshold, which is less than the national benchmark. Additionally, utilities like electricity, water, and heating also cost about 6% less than in most parts of the country, which is especially helpful during the cold Minnesota winters.

When it comes to everyday needs, groceries in St. Paul cost about the same as in other parts of the country, but clothing is about 4% cheaper. Healthcare expenses, such as doctor’s visits or dental care, are similar to the national average. For things like entertainment and grooming, St. Paul is a bit more affordable, costing around 4% less than the U.S. average. This means you can enjoy dining out, visiting local attractions, or getting a haircut without spending as much as in other cities.

Is St. Paul a good place to rent?

St. Paul offers more than just affordability; it provides a high quality of life. The city’s parks, like Como Park and the Mississippi River Boulevard, create a perfect backdrop for outdoor activities. Additionally, its proximity to Minneapolis ensures access to a bustling urban area while maintaining St. Paul’s quieter, community-focused vibe.

With its lower cost of living compared to both the state and national averages, St. Paul is an excellent choice for renters seeking a city that combines charm, affordability, and convenience. Whether you’re drawn to its cultural events, historical landmarks, or welcoming neighborhoods, St. Paul has something for everyone.

That said, living in St. Paul offers renters a unique opportunity to enjoy an affordable lifestyle in a vibrant and welcoming city. With housing costs 15% lower than the national average and utilities and entertainment expenses also below average, St. Paul stands out as a renter-friendly destination. Whether you’re moving for work, school, or a fresh start, St. Paul’s cost of living makes it an appealing choice. Ready to make the move?

Interested in other places? Explore the cost of living in other cities like Minneapolis; Chicago; Milwaukee; and Washington, D.C.