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Everything else equal, I think we can all agree that living in a cheaper place is better than living in a more expensive place.
I'd much rather pay $500/mo in rent than $1,000. And I'd rather pay $2 for coffee than $5.
And while every neighbhorhood in St. Paul might be more expensive than living in rural Minnesota, there are certain neighborhoods that are definitely cheaper.
So what exactly are those St. Paul neighborhoods where your dollar goes a little further -- you can get that one bedroom instead of the studio?
Instead of relying on public opinion and speculation, we wanted to get the facts straight and find out which neighborhoods in St. Paul are the cheapest.
The Cheapest Neighborhoods In St. Paul For 2022
What's the cheapest neighborhood to live in St. Paul for 2022? According to the most recent census data, Como looks to be the cheaptest St. Paul neighborhood to live in.
At this point we should make it clear that you do get what you pay for -- some of these neighborhoods might not be the best places to live in St. Paul. You could be sacrificing location or crime rates in return for more space and cheaper groceries.
Read on to see how we determined the places around St. Paul that deserve a little bragging rights or maybe you're interested in the worst neighborhoods in St. Paul.
Once you're done, you can look at the bottom of the story for a complete chart of every neighborhood we looked at from cheapest to most expensive.
For more Minnesota reading, check out:
- Best Places To Live In Minnesota
- Cheapest Places To Live In Minnesota
- Cheapest Cities To Live In America
- Cheapest States To Live In America
The 10 Cheapest Neighborhoods To Live In St. Paul For 2022
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Population: 12,315
Cost Of Living Index: 104 (10th cheapest)
Home Value To Income Ratio: 2.6 (cheapest)
Rent To Income Ratio: 0.005 (cheapest)
More on Como: Homes For Sale | Data
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Population: 21,851
Cost Of Living Index: 100 (6th cheapest)
Home Value To Income Ratio: 3.0 (6th cheapest)
Rent To Income Ratio: 0.014 (5th cheapest)
More on Battle Creek: Homes For Sale | Data
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Population: 30,979
Cost Of Living Index: 94 (2nd cheapest)
Home Value To Income Ratio: 2.7 (2nd cheapest)
Rent To Income Ratio: 0.02 (13th cheapest)
More on Payne Phallen: Homes For Sale | Data
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Population: 28,325
Cost Of Living Index: 96 (3rd cheapest)
Home Value To Income Ratio: 2.8 (3rd cheapest)
Rent To Income Ratio: 0.018 (12th cheapest)
More on Greater Eastside: Homes For Sale | Data
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Population: 15,619
Cost Of Living Index: 101 (7th cheapest)
Home Value To Income Ratio: 3.0 (5th cheapest)
Rent To Income Ratio: 0.016 (9th cheapest)
More on West Side: Homes For Sale | Data
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Population: 15,246
Cost Of Living Index: 92 (cheapest)
Home Value To Income Ratio: 2.8 (4th cheapest)
Rent To Income Ratio: 0.024 (17th cheapest)
More on Thomas Dale: Homes For Sale | Data
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Population: 12,902
Cost Of Living Index: 102 (8th cheapest)
Home Value To Income Ratio: 3.1 (7th cheapest)
Rent To Income Ratio: 0.016 (10th cheapest)
More on Midway: Homes For Sale | Data
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Population: 19,204
Cost Of Living Index: 114 (13th cheapest)
Home Value To Income Ratio: 3.9 (12th cheapest)
Rent To Income Ratio: 0.008 (2nd cheapest)
More on Macalester-Groveland: Homes For Sale | Data
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Population: 24,653
Cost Of Living Index: 116 (15th cheapest)
Home Value To Income Ratio: 3.6 (11th cheapest)
Rent To Income Ratio: 0.01 (3rd cheapest)
More on Highland: Homes For Sale | Data
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Population: 27,188
Cost Of Living Index: 97 (4th cheapest)
Home Value To Income Ratio: 3.3 (10th cheapest)
Rent To Income Ratio: 0.021 (15th cheapest)
More on North End: Homes For Sale | Data
Methodology: How We Determined The Cheapest St. Paul Hoods In 2022
In order to rank the cheapest places to live in St. Paul, we had to determine what criteria defines "cheap".
Using census and extrapolated BLS data, we arrived at the following set of criteria:
- Overall Cost Of Living
- Rent To Income Ratio
- Median Home Value To Income Ratio
We then ranked each neighborhood with scores from 1 to 17 in each category, where 1 was the cheapest.
Next, we averaged the rankings for each neighborhood to create a cheap neighborhood index.
And finally, we crowned the neighborhood with the lowest cheapest neighborhood index the "Cheapest City Neighborhood In St. Paul." We're lookin' at you, Como.
Read on below to learn more about what it's like to live in the cheapest places St. Paul. Or skip to the end to see the list of all the neighborhoods in the city from cheapest to most expensive.
Summary: Lowest Cost Places To Live In St. Paul
If you're measuring the neighborhoods in St. Paul where prices are low and it's cheap to live, this is an accurate list.
As we mentioned earlier, the neighborhoods in St. Paul aren't all cheap. Summit Hill takes the title of the most expensive neighborhood to live in St. Paul.
We ranked the neighborhoods from cheapest to most expensive in the chart below.
For more Minnesota reading, check out:
- Most Dangerous Cities In Minnesota
- Richest Cities In Minnesota
- Safest Places In Minnesota
- Worst Places To Live In Minnesota
Detailed List Of The Cheapest Neighborhoods To Live In St. Paul For 2022
Rank | Neighborhood | Cost Of Living Index |
---|---|---|
1 | Como | 104 |
2 | Battle Creek | 100 |
3 | Payne Phallen | 94 |
4 | Greater Eastside | 96 |
5 | West Side | 101 |
6 | Thomas Dale | 92 |
7 | Midway | 102 |
8 | Macalester-Groveland | 114 |
9 | Highland | 116 |
10 | North End | 97 |
11 | Dayton's Bluff | 99 |
12 | West 7th | 105 |
13 | Merrlam Park | 116 |
14 | Summit-University | 111 |
15 | Saint Anthony | 116 |
16 | Downtown | 104 |
17 | Summit Hill | 123 |