Which city is more expensive to live in? St. Paul or Minneapolis? Minneapolis is the winner but not by much. A person who makes $50,000.00 a year would only need to make $49,583.00 to enjoy the same standard of living in St. Paul that they would have in Minneapolis. The cost of food, housing and utilities are slightly lower in St. Paul than in Minneapolis.
In general housing costs are a little higher. For buyers who want to know the true cost of owning one home Vs. another local Realtors® have access to a true cost calculator that can be used to compare one property to another. The calculations take into consideration commute times, property taxes, entertainment and utility costs and more.
Most people would not choose one city over another because of a slight difference in the cost of living but it is a good idea when comparing houses to look at additional costs like utilities and commuting times, not to mention commuting and possible parking costs. Property taxes should also be taken into consideration and they are almost guaranteed to rise but it ins’t always easy to tell which areas will see the biggest increases.
