Cost of Living in St. Paul, MN
Population: 307,762 • 2026 Data
$73,055
Median Household Income
-6% vs national
$1,248
Median Monthly Rent
-7% vs national
$280,300
Median Home Value
-17% vs national
4.9%
Unemployment Rate
Housing in St. Paul
The median home value in St. Paul, MN is $280,300. Monthly rent for a typical unit averages $1,248, while total monthly housing costs (including utilities and insurance) average $1,390.
Rent-to-income ratio: 20.5%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in St. Paul, MN is $73,055. The unemployment rate stands at 4.9%, with a labor force of 171,331 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.