

The St. Cloud area is positioned for development, both commercially and residentially. Comprised of St. Cloud, Waite Park, Sartell, St. Joseph, Sauk Rapids and St. Augusta, the metropolitan area is ideal for residents from all walks of life. Families, young professionals and retirees all find the appeal of modern amenities and conveniences in the St. Cloud area to be unmatched.
Established residents, along with prospective residents, appreciate the St. Cloud area’s robust and growing business community made up of a diversified base of manufacturers, retailers, agriculture-related professions and service industries. This economic vitality is coupled with such resources as abundant recreational and cultural venues and access to outstanding educational and medical institutions. Safe cities and neighborhoods and affordable housing attract many individuals and families to central Minnesota. In fact, housing costs average 20 percent lower than the national average—an enviable statistic for any homeowner.
The real estate sector of the region is varied and attractive, offering a range of property types, styles and prices. Single-family residential homes, both new and older, positioned within family-oriented neighborhoods are intermixed with condominium and townhome developments perfect for young adults and retirees. Estates overlooking the lakes and rivers, farmhouses and urban homes are also part of the list, as are plenty of leasing options in the way of apartment complexes and rental properties for those not in the market to own.

COST OF LIVING
While St. Cloud has experienced tremendous growth, its cost of living remains competitive in comparison to other urban areas.
The ACCRA Cost of Living Index, organized and published quarterly by the Council for Community and Economic Research (C2ER), shows the St. Cloud area experienced an average cost of living during 2010. Six components comprise the composite index: housing, utilities, grocery items, transportation, healthcare and miscellaneous goods and services.