According to the most recent data on the cost of living, St. Louis Park has an overall cost of living index of 113 which is 1.1x higher than the national index of 100.
Compared to only Minnesota, St. Louis Park has a cost of living index that's 1.1x higher than Minnesota's index of 104.
The standard of living in St. Louis Park ranks as #4,365 most affordable out of the 6,418 places we measured in Minnesota. By definition, that implies St. Louis Park ranks as the #2,053 most expensive place in the North Star State.
Living Expense | St. Louis Park | Minnesota | National Average | |
---|---|---|---|---|
Overall | 113 | 104 | 100 | |
Services | 109 | 106 | 100 | |
Groceries | 104 | 102 | 100 | |
Health | 103 | 113 | 100 | |
Housing | 121 | 101 | 100 | |
Transportation | 103 | 102 | 100 | |
Utilities | 97 | 98 | 100 |
Housing swings affordability the most between places in Minnesota, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.
Home and income come data comes from the most recent US Census ACS 2014-2018.
Statistic | St. Louis Park | Minnesota | United States |
---|---|---|---|
Median Home Value | $290,500 | $235,700 | $229,800 |
Median Rent | $1,267 | $1,010 | $1,096 |
Median Income | $84,694 | $73,382 | $64,994 |
Home Value To Income | 3.4x | 3.2x | 3.5x |
Rent To Monthly Income | 0.18x | 0.17x | 0.2x |
Item | St. Louis Park | Minnesota |
---|---|---|
Shampoo | $1.09 | $1.06 |
Movie | $9.96 | $10.68 |
Bowling | $22.57 | $14.67 |
Item | St. Louis Park | Minnesota |
---|---|---|
Ground Beef | $4.4 | $4.22 |
Fried Chicken | $2.1 | $1.39 |
Milk | $2.6 | $2.05 |
Item | St. Louis Park | Minnesota |
---|---|---|
Haircut | $24.2 | $18.62 |
Beauty Salon | $34.39 | $39.05 |
Toothpaste | $3.36 | $2.34 |
Item | St. Louis Park | Minnesota |
---|---|---|
Potatoes | $3.32 | $3.29 |
Pizza | $12.99 | $10.62 |
Beer | $8.96 | $9.38 |
Optometrist | $89.59 | $108.57 |
Doctor | $147.85 | $116.17 |
Dentist | $86.94 | $99.13 |
Item | St. Louis Park | Minnesota |
---|---|---|
Gasoline | $2.06 | $2.22 |
Tire Balancing | $58.37 | $50.07 |
All Electricity | $160.63 | $167.67 |
Phone | $180.98 | $175.64 |
City | Population | Cost Of Living | Vs. St. Louis Park |
---|---|---|---|
Minneapolis, MN | 424,536 | 108 | 1.0x |
Plymouth, MN | 78,879 | 122 | 1.1x |
Maple Grove, MN | 71,569 | 117 | 1.0x |
Lakeville, MN | 65,710 | 116 | 1.0x |
Eden Prairie, MN | 64,481 | 121 | 1.1x |
Minnetonka, MN | 53,760 | 121 | 1.1x |
Edina, MN | 52,215 | 135 | 1.2x |
Richfield, MN | 36,253 | 104 | 0.9x |
Shoreview, MN | 26,922 | 110 | 1.0x |
Crystal, MN | 22,937 | 102 | 0.9x |