Housing costs in St. Francis?
A typical home costs
$279,200, which is 17.4% less expensive than the national average of
$338,100 and 9.8% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in St. Francis costs
$1,400 per month, which is 2.1% cheaper than the national average of
$1,430 and 11.4% more than the state average of
$1,240.
Can I afford St. Francis?
To live comfortably in St. Francis, Minnesota, a minimum annual income of
$53,640 for a family, and
$45,600 for a single person is recommended.
What does A.I. say about St. Francis?
The cost of living in St. Francis, MN is relatively affordable compared to the rest of the country, making it a great place to live. According to recent data from the Bureau of Labor Statistics, St. Francis has an overall cost of living index that is roughly 10% lower than the national average. Grocery costs are also comparatively low, with prices about 9% lower than the national average. Housing prices in St. Francis are slightly higher than the national average, but still quite reasonable for a small town and far below what one would find in larger cities around Minnesota and across the country. Overall, St. Francis offers its residents a comfortable lifestyle with plenty of amenities at a pricepoint that is manageable for most households.