Total monthly cost of ownership
Cost to Own a Home in North St. Paul, Minnesota
A $287,000 home here costs
$2,440per month, all in, with 20% down at today's 7.40% 30-year fixed rate. By the 28% rule that takes a household income of about $104,500 a year.
A standard mortgage calculator would have told you $1,590. The real number is $850 higher every month, 53% more than the payment most buyers budget for.
Compare Ramsey County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
North St. Paul against Ramsey County and Minnesota
| Measure | North St. Paul | Ramsey County |
|---|---|---|
| Median home value | $286,600 | $304,900 |
| Median property tax | $3,528 | $3,767 |
| Effective tax rate | 1.231% | 1.235% |
| Median gross rent | $1,304 | $1,298 |
| Population | 12,511 | 544,438 |
The weather behind that power bill
North St. Paul sits in Ramsey County, which averages a high of 82.7°F in its hottest month and a low of 8.3°F in its coldest, with 33.11" of precipitation a year and 41% of it in a single three-month stretch. That climate drives 790 cooling and 7,327 heating degree days, which is what sets the $124 electricity line above.
See the full climate breakdown for Ramsey County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Ramsey County
Full Ramsey County cost breakdown · Every county in Minnesota
Talk to someone who works this market
These are North St. Paul averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works North St. Paul every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in North St. Paul I already own here and may sell
Common questions
How much does it cost to own a home in North St. Paul?
A $287,000 home in North St. Paul, Minnesota costs approximately $2,440 per month with 20% down at 7.4%. That is $1,590 principal and interest, $294 property tax, $125 homeowners insurance, $192 utilities and $239 set aside for maintenance.
What is the property tax rate in North St. Paul?
North St. Paul has an effective property tax rate of 1.231%, based on a median home value of $286,600 and median real estate taxes of $3,528. That is in line with the Ramsey County average of 1.235%.
What is the average home price in North St. Paul?
The median owner-occupied home value in North St. Paul, Minnesota is $286,600, against $304,900 across Ramsey County.
Is it cheaper to rent or buy in North St. Paul?
Median gross rent in North St. Paul is $1,304 a month, against $2,440 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in North St. Paul?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in North St. Paul, Minnesota at today's rate takes a household income of roughly $104,500 a year. That covers the full $2,440 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for North St. Paul, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Minnesota.
- Electricity price, EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate, Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.