Cost of Living in Stillwater, MN

Population 19,323 · Minnesota · Data vintage 2023

121
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Stillwater sits on the smaller end of the Minnesota city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. An unemployment rate of 2.9% points to a labor market well on the tight side of the national distribution.

Located 15 miles east of St. Paul, Stillwater falls within that metro's commuting orbit. Median home values run roughly 42% higher than St. Paul's $280,000.

Cost Overview

Housing 131
Rent 107

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Stillwater

The median home value in Stillwater is $398,100 — 31% above the national median of $305,000. Median rent runs $1,408/month, 7% higher than the national median of $1,314/month. The median household income of $109,297/year is 47% higher than the US median of $74,580. The local unemployment rate is 2.9%, below the national average of 4.8%. Minnesota's top state income tax rate is 9.8% and the combined sales tax is 7.4%. Overall, Stillwater has a cost of living index of 121 versus the US average of 100, meaning it is 21% more expensive.

🏠 Housing

Median Home Value
$398,100
31% above avg
Zillow Home Value
$435,165
Zillow ZHVI
Median Rent
$1,408/mo
7% above avg
Zillow Rent
$2,510/mo
Zillow ZORI
Price-to-Rent Ratio
23.6x
Favors renting
Property Tax Rate
1.1%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$702
1 BR
$784
2 BR
$937
3 BR
$1,307
4 BR
$1,537
Owner-occupied 75.5%
Renter-occupied 24.4%

💰 Estimated Monthly Budget

Rent median rent
$1,408
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,022/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
22.3 min
17% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
19.8%

Commute Mode

Drove alone
69.9%
Carpooled
6.9%
Public transit
0.8%
Walked
1.6%
Bicycle
0.1%
Work from home
19.8%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 9.8%
Total Sales Tax 7.4%
State rate 6.9%
Avg local rate 0.6%
Property Tax 1.1%

💼 Income & Employment

Median Household Income
$109,297
47% above avg
Per Capita Income
$58,397
Unemployment Rate
2.9%
39% below avg
Poverty Rate
7.7%
Labor Force Participation
64.8%

🎓 Education

Bachelor's degree+ 30.2%
Graduate degree 20.6%

👥 Demographics

Median Age 42.5
Male median age 40.7
Female median age 44.5

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 42 — Good
80.8%
Good air days/yr
140
Max AQI recorded
0
PM2.5 days
240
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

93%
4-Year Graduation Rate
18.5:1
Student-teacher ratio
16
Public schools
8,572
Total enrollment

Frequently Asked Questions

What is the cost of living in Stillwater, MN?

Stillwater has a cost index of 121 (100 = national average). It is 21% above the national average.

What is average rent in Stillwater, MN?

The median gross rent in Stillwater is $1,408 per month based on 2023 Census data.

What is the average home price in Stillwater?

The median home value in Stillwater is $398,100 according to Zillow and Census data.

What is the median income in Stillwater?

The median household income in Stillwater is $109,297 per year (2023 ACS 5-year estimates).

What is the sales tax in Stillwater, MN?

The combined state and local sales tax rate in Stillwater is 7.4%. The Minnesota state income tax top rate is 9.8%.

Is Stillwater, MN affordable?

Stillwater is above average in cost of living, with an index of 121 — about 21% higher than the national average.

Stillwater at a Glance

Population
19,323
Median Income
$109,297
Home Value
$398,100
Median Rent
$1,408/mo
Unemployment
2.9%
Sales Tax
7.4%
View all cities in Minnesota →
🗺️ County data for Minnesota

Explore county-level cost of living data

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