What is the cost of living in St. Peter, MN?
According to the most recent data on the cost of living, St. Peter has an overall cost of living index of 97, which is 1.0x lower than the national index of 100.
Compared to Minnesota, St. Peter has a cost of living index that's 1.0x lower than Minnesota's index of 101.
The standard of living in St. Peter ranks as #29 most affordable out of the 151 places we measured in Minnesota. By definition, that implies St. Peter ranks as the #122 most expensive place in the North Star State.
For more reading on life in St. Peter, check out:
St. Peter Cost Of Living Vs. Minnesota
Six factors go into calculating the cost of living index in St. Peter. Here is how it fares on each of the criteria:
The Services index in St. Peter is 102.
The Groceries index in St. Peter is 100.
The Health index in St. Peter is 96.
The Housing index in St. Peter is 98.
The Transportation index in St. Peter is 105.
The Utilities index in St. Peter is 100.
| Living Expense | St. Peter | Minnesota | National Average |
|---|---|---|---|
| Overall | 97 | 101 | 100 |
| Services | 102 | 101 | 100 |
| Groceries | 100 | 99 | 100 |
| Health | 96 | 99 | 100 |
| Housing | 98 | 101 | 100 |
| Transportation | 105 | 103 | 100 |
| Utilities | 100 | 101 | 100 |
St. Peter 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. Peter Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
St. Peter, 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. Peter is $294,104.
The Median Rent in St. Peter is $961.
The Median Income in St. Peter is $65,122.
The Home Value To Income in St. Peter is 4.5x.
The Rent To Monthly Income in St. Peter is 0.18x.
St. Peter, MN Costs By Category
Detailed St. Peter Services costs vs. Minnesota
Detailed St. Peter Groceries costs vs. Minnesota
Detailed St. Peter Health costs vs. Minnesota
Detailed St. Peter Transportation costs vs. Minnesota
St. Peter SnackAbility
Cost Of Living In Cities Around St. Peter
The cost of living varies in the cities and towns around St. Peter. Here's a quick look at the cost of living in the most populous nearby places:
Lakeville, MN has a cost of living index of 122, 1.3x St. Peter.
Eden Prairie, MN has a cost of living index of 128, 1.3x St. Peter.
Apple Valley, MN has a cost of living index of 114, 1.2x St. Peter.
| City | Population | Cost Of Living | Vs. St. Peter |
|---|---|---|---|
| Lakeville, MN | 74,354 | 122 | 1.3x |
| Eden Prairie, MN | 63,051 | 128 | 1.3x |
| Apple Valley, MN | 55,679 | 114 | 1.2x |
| Edina, MN | 53,262 | 141 | 1.5x |
| Minnetonka, MN | 53,064 | 127 | 1.3x |
| Mankato, MN | 45,473 | 99 | 1.0x |
| North Mankato, MN | 14,211 | 104 | 1.1x |
| Victoria, MN | 11,295 | 133 | 1.4x |
| Mound, MN | 9,107 | 109 | 1.1x |
| Minnetrista, MN | 8,708 | 147 | 1.5x |
