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Basement Finishing cost in Saint Paul, MN (2026)

Saint Paul metro · CBSA 33460 Updated Sep 2026 Labor priced with BLS metro wages · methodology
Typical range · budget to premium · 800 sq ft basement finishing
$14,059 to $34,757

For a typical 800 sq ft basement finishing in the Saint Paul metro, mid-range typically runs $21,217. Labor here averages 12% above national trade wages, with materials at each tier's quality level and contractor overhead applied the way contractors actually bill.

Budget
$14,059
basic materials · essential scope
Standard
Most common
$21,217
mid-grade materials · full scope
Premium
$34,757
high-end materials · expanded scope
Where the money goes

Standard-tier breakdown, line by line

Line item Category Typical cost
Flooring material Material $2,800
Egress window (if required) Material $2,400
Framing lumber and hardware Material $2,000
Wall framing Labor $1,808
Drywall installation and finishing Labor $1,641
Electrical supplies and fixtures Material $1,600
Drywall Material $1,440
Electrical rough-in and finish Labor $1,425
Flooring installation Labor $1,219
Insulation Material $1,200
Trim and baseboards Material $800
Painting Labor $623
Insulation installation Labor $596
Trim installation Labor $452
Plumbing (if adding bathroom) Labor $415
Paint and primer Material $400
Misc supplies and fasteners Supplies $240
Debris removal Disposal $160
Total (incl. overhead) $21,217
Hiring a general contractor? Add 20–25% GC markup on top. Managing trades yourself avoids it — at the cost of your time and scheduling risk.
Local labor

Saint Paul trade wages behind this estimate

Trade SOC Median /hr vs. national
Carpenters 47-2031 $26.90/hr +1%
Drywall and Ceiling Tile Installers 47-2081 $29.30/hr +19%
Electricians 47-2111 $31.80/hr +1%
Floor Layers, Except Carpet, Wood, and Hard Tiles 47-2042 $27.20/hr +23%
Painters, Construction and Maintenance 47-2141 $27.80/hr +23%
Insulation Workers, Floor, Ceiling, and Wall 47-2131 $26.60/hr +18%
Plumbers, Pipefitters, and Steamfitters 47-2152 $30.90/hr +1%
Source: BLS OEWS · May 2025 · Saint Paul metro area
Build your own number

This page shows the typical range. Your project isn't typical — build the line-item estimate for your exact scope in the free iOS app.

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Cost split · standard tier
Labor 39%
Materials 60%
Supplies · equipment · disposal 1%
Permits in Minnesota

Basement Finishings often require permits. See what Minnesota requires and who issues it.

Minnesota permit guide →
Nearby metros
New York, NY $21,386
Los Angeles, CA $20,904
Chicago, IL $22,234
Common questions

Basement Finishings — what homeowners ask

How much does it cost to finish a basement?

Finishing a basement costs $25-$60 per square foot. A basic finish with drywall and flooring costs $25-$35/sqft, a mid-range finish with bathroom and kitchenette runs $35-$50/sqft, and a high-end finish with wet bar and home theater can exceed $60/sqft.

Does finishing a basement add value?

Finishing a basement typically recoups 60-70% of costs in home value and adds usable living space. It is one of the most cost-effective ways to add square footage to your home without building an addition.

How long does it take to finish a basement?

A basement finishing project typically takes 4-8 weeks. Simple conversions with minimal plumbing can be done in 3-4 weeks, while full buildouts with bathroom, kitchen, and custom finishes may take 8-12 weeks.