Cost Of Living in St. Francis, MN

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	St. Francis	Minnesota	National
Cost of living	104	99	100
Goods & Services	95	100	100
Groceries	97	98	100
Health care	101	109	100
Housing	121	100	100
Transportation	97	97	100
Utilities	95	93	100

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Cost Of Living Quick Facts

The cost of living in St. Francis is 5% higher than the Minnesota average
The cost of living in St. Francis is 4% higher than the national average
St. Francis housing is 21% higher than the national average
Minnesota general sales tax is 35% higher than the national average
Minnesota state income tax is 106% higher than the national average

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$87,679	$7,307	$2,046	$2,631
Renters	$66,023	$5,502	$1,540	$1,981

A good indicator of the general affordability of housing in St. Francis, MN, is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In St. Francis, the median monthly income is $87,679 for those who own their own homes. Under the standard rule, that income level would allow for $2,046 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $66,023, per the median income in the area. That would allow for renters to spend up to $1,540 on monthly rental expenses.

Minnesota Sales Tax

State	General Sales Tax	With Max Surtax
Minnesota	6.875%	7.875%

Minnesota Income Tax

State	Income Tax (Low)	Income Tax (High)
Minnesota	5.35%	9.85%

Goods & Services

Item	St. Francis	National avg.	Difference
Haircut	$25.86	$24.26	6.6%
Beauty Salon	$37.00	$45.56	18.8%
Toothpaste	$3.62	$3.70	2.2%
Shampoo	$1.50	$1.28	16.9%
Movie	$11.32	$12.13	6.7%
Bowling	$25.68	$18.00	42.6%

Groceries

Item	St. Francis	National avg.	Difference
Ground Beef	$5.75	$5.84	1.4%
Fried Chicken	$1.40	$1.57	11.2%
Milk	$4.60	$4.67	1.5%
Potatoes	$4.76	$4.93	3.5%
Pizza	$13.00	$12.09	7.6%
Beer	$9.44	$10.41	9.3%

Health Care

Item	St. Francis	National avg.	Difference
Optometrist	$112.72	$125.68	10.3%
Doctor	$164.15	$135.78	20.9%
Dentist	$95.01	$113.29	16.1%
Ibuprofen	$10.71	$10.65	0.6%
Lipitor	$499.35	$468.60	6.6%

Housing

Item	St. Francis	National avg.	Difference
Home Price	$232,200.00	$184,700.00	25.7%
Avg. Mortgage Payment	$1,983.77	$2,346.69	15.5%
Apartment Rent	$1,052.00	$949.00	10.9%

Transportation

Item	St. Francis	National avg.	Difference
Gasoline	$3.32	$3.46	4.0%
Tire Balancing	$59.91	$59.92	0.0%

Utilities

Item	St. Francis	National avg.	Difference
All Electricity	$180.11	$193.99	7.2%
Phone	$187.59	$192.25	2.4%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Princeton, MN	4,701	97	3.0%
Cambridge, MN	8,975	96	3.9%
Isanti, MN	6,016	99	1.0%
Bethel, MN	443	101	0.7%
Zimmerman, MN	5,831	106	6.5%
St. Francis, MN	7,793	104	3.7%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Manhasset, NY	7,792	230	129.6%
South Cleveland, TN	7,792	89	10.6%
Fort Belvoir, VA	7,794	164	63.7%
Bloomfield, NM	7,791	92	7.8%
Kenai, AK	7,799	118	18.3%
St. Francis, MN	7,793	104	3.7%

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

Cost of Living in St. Francis, MN