St. Michael, MN Cost Of Living

Demographics | Cost Of Living | Photos
Updated: 2020-03-08
St. Michael's Overall Cost Of Living
Higher Than The National Average
The cost of living index is set to 100 for the average place in America. An index above 100 means St. Michael is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in St. Michael, MN?

According to the most recent data on the cost of living, St. Michael has an overall cost of living index of 115 which is 1.1x higher than the national index of 100.

Compared to only Minnesota, St. Michael has a cost of living index that's 1.1x higher than Minnesota's index of 104.

The standard of living in St. Michael ranks as #4502 most affordable out of the 6522 places we measured in Minnesota. By definition, that implies St. Michael ranks as the #1904 most expensive place in the North Star State.

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

St. Michael Cost Of Living Vs. Minnesota

Living Expense St. Michael Minnesota National Average
Overall 115 104 100
Services 113 109 100
Groceries 103 106 100
Health 103 110 100
Housing 132 100 100
Transportation 104 100 100
Utilities 97 98 100
For more reading on cost of living around Minnesota, check out:
St. Michael Cost of Living Vs. MN

St. Michael, 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.

Median Home Value
Median Rent
Median Income
Statistic St. Michael Minnesota United States
Median Home Value $249,700 $211,800 $204,900
Median Rent $1,006 $944 $1,023
Median Income $109,456 $68,411 $60,293
Home Value To Income 2.3x 3.1x 3.4x
Rent To Monthly Income 0.11x 0.17x 0.2x

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Cost Of Living In Cities Around St. Michael

City Population Cost Of Living Vs. St. Michael
Plymouth, MN 77,213 122 1.1x
Maple Grove, MN 69,571 117 1.0x
Andover, MN 32,499 117 1.0x
Champlin, MN 24,478 109 0.9x
Crystal, MN 22,934 102 0.9x
Otsego, MN 16,189 110 1.0x
Buffalo, MN 16,092 105 0.9x
Monticello, MN 13,439 104 0.9x
Rogers, MN 12,777 119 1.0x
Mound, MN 9,412 109 0.9x

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