Cost of Living in St. Peter, MN

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

104.6

100 = national avg

+4.6 vs national average

Living Wage (1 Adult)

$46,044

per year

Living Wage (Family of 4)

$108,831

per year

Cost Index by Category

Housing
113.2
Food
99.7
Transportation
99.4
Healthcare
99.8
Utilities
102.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$977

per month

2 Bedroom

$1,171

per month

The overall cost of living index in St. Peter is 104.6, which is 4.6% above the national average. Housing costs are above the national average at an index of 113.2. A single adult needs to earn approximately $46,044 per year to cover basic expenses.