Bloomington, MN vs St. Louis Park, MN

Bloomington, MN and St. Louis Park, MN have a very similar cost of living, with only a 3.5% difference in their overall index. Bloomington scores 111 while St. Louis Park scores 115 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Bloomington is $1,526/month compared to $1,589/month in St. Louis Park — a 4% difference. Home values follow the same pattern: Bloomington is more affordable at $346,200 median vs $371,600.

Median household income in Bloomington is $90,677 compared to $100,250 in St. Louis Park (-9.5%). While St. Louis Park is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bloomington spend roughly 20.2% of their income on rent, more than the 19% in St. Louis Park.