St. Louis Park, MN Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2022-04-08
113
St. Louis Park's Overall Cost Of Living
1.1x
Higher Than The National Average
117 out of 147
In Minnesota
4,363 out of 6,412
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means St. Louis Park is expensive, while a number below 100 means it's a relatively cheap place to live.

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 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.

For more reading on life in St. Louis Park, check out:

St. Louis Park Cost Of Living Vs. Minnesota

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
For more reading on cost of living around Minnesota, check out:
St. Louis Park Cost of Living Vs. MN

St. Louis Park, MN Housing Cost Breakdown

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.

$290,500
Median Home Value
$1,267
Median Rent
$84,694
Median Income
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

Detailed St. Louis Park Services Costs Vs. Minnesota

Item St. Louis Park Minnesota
Shampoo $1.09 $1.06
Movie $9.96 $10.68
Bowling $22.57 $14.67

Detailed St. Louis Park Groceries Costs Vs. Minnesota

Item St. Louis Park Minnesota
Ground Beef $4.4 $4.22
Fried Chicken $2.1 $1.39
Milk $2.6 $2.05

Detailed St. Louis Park Health Costs Vs. Minnesota

Item St. Louis Park Minnesota
Haircut $24.2 $18.62
Beauty Salon $34.39 $39.05
Toothpaste $3.36 $2.34

Detailed St. Louis Park Transportation Costs Vs. Minnesota

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

Detailed St. Louis Park Utilities Costs Vs. Minnesota

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

St. Louis Park SnackAbility

9
/10
Overall SnackAbility
Jobs
9/10
Housing
8.5
Affordability
7
Diversity
8
Safety
6
Amenities
9.5
Education
9.5
Commute
8.5

Cost Of Living In Cities Around St. Louis Park

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

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