Cost of Living in St. Louis Park, MN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
154.8
100 = national avg
+54.8 vs national average
Living Wage (1 Adult)
$68,130
per year
Living Wage (Family of 4)
$161,034
per year
Cost Index by Category
Housing184.2
Food126.6
Transportation153.2
Healthcare121.3
Utilities132.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,405
per month
2 Bedroom
$1,709
per month
The overall cost of living index in St. Louis Park is 154.8, which is 54.8% above the national average. Housing costs are above the national average at an index of 184.2. A single adult needs to earn approximately $68,130 per year to cover basic expenses.