What is the cost of living in St. Louis Park, MN?
According to the most recent data on the cost of living, St. Louis Park has an overall cost of living index of 116, which is 1.2x higher than the national index of 100.
Compared to Minnesota, St. Louis Park has a cost of living index that's 1.1x higher than Minnesota's index of 101.
The standard of living in St. Louis Park ranks as #117 most affordable out of the 151 places we measured in Minnesota. By definition, that implies St. Louis Park ranks as the #34 most expensive place in the North Star State.
For more reading on life in St. Louis Park, check out:
St. Louis Park Cost Of Living Vs. Minnesota
Six factors go into calculating the cost of living index in St. Louis Park. Here is how it fares on each of the criteria:
The Services index in St. Louis Park is 98.
The Groceries index in St. Louis Park is 103.
The Health index in St. Louis Park is 151.
The Housing index in St. Louis Park is 101.
The Transportation index in St. Louis Park is 104.
The Utilities index in St. Louis Park is 104.
| Living Expense | St. Louis Park | Minnesota | National Average |
|---|---|---|---|
| Overall | 116 | 101 | 100 |
| Services | 98 | 101 | 100 |
| Groceries | 103 | 99 | 100 |
| Health | 151 | 99 | 100 |
| Housing | 101 | 101 | 100 |
| Transportation | 104 | 103 | 100 |
| Utilities | 104 | 101 | 100 |
St. Louis Park Cost Of Living Compared To Minnesota Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Minnesota, check out:
Protect your home budget Compare home warranties in St. Louis Park Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
St. Louis Park, MN Housing Cost Breakdown
Housing swings affordability the most between places in Minnesota, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:
The Median Home Value in St. Louis Park is $379,370.
The Median Rent in St. Louis Park is $1,644.
The Median Income in St. Louis Park is $101,648.
The Home Value To Income in St. Louis Park is 3.7x.
The Rent To Monthly Income in St. Louis Park is 0.19x.
| Statistic | St. Louis Park | Minnesota | United States |
|---|---|---|---|
| Median Home Value | $379,370 | $346,667 | $332,700 |
| Median Rent | $1,644 | $1,280 | $1,413 |
| Median Income | $101,648 | $89,062 | $80,734 |
| Home Value To Income | 3.7x | 3.9x | 4.1x |
| Rent To Monthly Income | 0.19x | 0.17x | 0.21x |
St. Louis Park, MN Costs By Category
Detailed St. Louis Park Services costs vs. Minnesota
| Item | St. Louis Park | Minnesota |
|---|---|---|
| Shampoo | $1.5 | $1.28 |
| Movie | $11.32 | $12.13 |
| Bowling | $25.68 | $18 |
| Haircut | $25.86 | $24.26 |
| Beauty Salon | $37.0 | $45.56 |
Detailed St. Louis Park Groceries costs vs. Minnesota
| Item | St. Louis Park | Minnesota |
|---|---|---|
| Ground Beef | $5.75 | $5.84 |
| Fried Chicken | $1.4 | $1.57 |
| Milk | $4.6 | $4.67 |
| Potatoes | $4.76 | $4.93 |
| Pizza | $13.0 | $12.09 |
| Beer | $9.44 | $10.41 |
| Toothpaste | $3.62 | $3.7 |
Detailed St. Louis Park Health costs vs. Minnesota
| Item | St. Louis Park | Minnesota |
|---|---|---|
| Optometrist | $112.72 | $125.68 |
| Doctor | $164.15 | $135.78 |
| Dentist | $95.01 | $113.29 |
Detailed St. Louis Park Transportation costs vs. Minnesota
| Item | St. Louis Park | Minnesota |
|---|---|---|
| Gasoline | $3.32 | $3.46 |
| Tire Balancing | $59.91 | $59.92 |
Detailed St. Louis Park Utilities costs vs. Minnesota
| Item | St. Louis Park | Minnesota |
|---|---|---|
| All Electricity | $180.11 | $193.99 |
| Phone | $187.59 | $192.25 |
St. Louis Park SnackAbility
Cost Of Living In Cities Around St. Louis Park
The cost of living varies in the cities and towns around St. Louis Park. Here's a quick look at the cost of living in the most populous nearby places:
Minneapolis, MN has a cost of living index of 116, 1.0x St. Louis Park.
Plymouth, MN has a cost of living index of 124, 1.1x St. Louis Park.
Lakeville, MN has a cost of living index of 122, 1.1x St. Louis Park.
| City | Population | Cost Of Living | Vs. St. Louis Park |
|---|---|---|---|
| Minneapolis, MN | 427,246 | 116 | 1.0x |
| Plymouth, MN | 79,220 | 124 | 1.1x |
| Lakeville, MN | 74,354 | 122 | 1.1x |
| Maple Grove, MN | 71,173 | 117 | 1.0x |
| Eden Prairie, MN | 63,051 | 128 | 1.1x |
| Edina, MN | 53,262 | 141 | 1.2x |
| Minnetonka, MN | 53,064 | 127 | 1.1x |
| Richfield, MN | 36,642 | 106 | 0.9x |
| Shoreview, MN | 26,714 | 116 | 1.0x |
| Crystal, MN | 22,476 | 103 | 0.9x |
