Cost of Living in St. James, MN

Population 4,740 · Minnesota · Data vintage 2023

46
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives St. James a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $110,000. Unemployment has stayed elevated relative to the national figure — 9.6% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

St. James lies roughly 95 miles southwest of the nearest major metro, Minneapolis — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 68% lower than Minneapolis' $346,000.

Cost Overview

Housing 36
Rent 61

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

About the Cost of Living in St. James

The median home value in St. James is $109,600 — 64% below the national median of $305,000. Median rent runs $805/month, 39% lower than the national median of $1,314/month. The median household income of $57,031/year is 24% lower than the US median of $74,580. The local unemployment rate is 9.6%, above 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, St. James has a cost of living index of 46 versus the US average of 100, meaning it is 54% less expensive.

🏠 Housing

Median Home Value
$109,600
64% below avg
Median Rent
$805/mo
39% below avg
Price-to-Rent Ratio
11.3x
Favors buying
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 68.8%
Renter-occupied 31.1%

💰 Estimated Monthly Budget

Rent median rent
$805
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,419/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
21.3 min
21% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
7.0%

Commute Mode

Drove alone
70.5%
Carpooled
17.4%
Public transit
3.0%
Walked
2.1%
Bicycle
0.1%
Work from home
7.0%

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
$57,031
24% below avg
Per Capita Income
$32,172
Unemployment Rate
9.6%
100% above avg
Poverty Rate
19.3%
Labor Force Participation
61.5%

🎓 Education

Bachelor's degree+ 13.8%
Graduate degree 3.7%

👥 Demographics

Median Age 37
Male median age 30.5
Female median age 39.4

Frequently Asked Questions

What is the cost of living in St. James, MN?

St. James has a cost index of 46 (100 = national average). It is 54% below the national average.

What is average rent in St. James, MN?

The median gross rent in St. James is $805 per month based on 2023 Census data.

What is the average home price in St. James?

The median home value in St. James is $109,600 according to 2023 Census ACS data.

What is the median income in St. James?

The median household income in St. James is $57,031 per year (2023 ACS 5-year estimates).

What is the sales tax in St. James, MN?

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

Is St. James, MN affordable?

Yes, St. James is generally considered affordable, with a cost of living index of 46 — about 54% below the US national average of 100.

St. James at a Glance

Population
4,740
Median Income
$57,031
Home Value
$109,600
Median Rent
$805/mo
Unemployment
9.6%
Sales Tax
7.4%
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🗺️ County data for Minnesota

Explore county-level cost of living data

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