Cost of Living in St. Joseph, Tennessee
St. Joseph is a city in Lawrence County, Tennessee, with a population of 913. The total cost of housing, food, child care, transportation, health care, taxes, and other necessities for a single adult in St. Joseph is $33,611 a year — about the same as the annual cost of living for Tennessee of $34,350 and less than the national figure of $38,433.
Using cost of living data from the nonprofift think tank Economic Policy Institute, 24/7 Wall St. estimated the cost of living in St. Joseph and over 29,000 other cities and towns in the US.
Housing Costs in St. Joseph, Tennessee
Housing is one of the largest components of cost of living. In St. Joseph, the median home value is $70,900, less than the national median home value of $204,900.
Renting is a sometimes lower cost alternative to homeownership. In St. Joseph, some 24.70% of occupied homes are rented, less than the 36.2% national renter rate. The typical renter in St. Joseph spends $577 a month on housing, less than the $1,023 national median monthly rent.
In addition to home value, one of the largest determinants of housing affordability is area income. While nationwide the price of a typical U.S. home is 3.4 times the $60,293 U.S. median household income, housing affordability ratios range from approximately 1.0 in the least expensive cities to more than 10.0 in the country's most expensive markets. In St. Joseph, the median household income is $35,268, 2.0 times the median home value.
Transportation Costs in St. Joseph, Tennessee
Transportation can also be a significant component of cost of living. In St. Joseph, 82.50% of commuters drive to work, compared to 85.5% of commuters nationwide. An estimated 81.40% of workers commute to jobs outside of St. Joseph, a larger share than the 43.7% share of commuters nationwide who live and work in different cities. The average commute in St. Joseph is 35.9 minutes long, compared to the 26.6-minute average commute nationwide. Taking into account the cost of gas, as well as public transit and car maintenance, the EPI estimates that a single person in St. Joseph spends $11,079 a year on transportation, more than the national average of $9,760.
Health Care Costs in St. Joseph, Tennessee
Out-of-pocket health care costs and insurance premiums — assuming at least a basic level of health insurance coverage — are far higher than they are on average nationwide in St. Joseph and also well above what they are across Tennessee as a whole.
For a single adult living in the area, average health care costs come out to $5,893 per year, compared to an average of $4,925 across Tennessee and $4,266 nationwide.
Child care Costs in St. Joseph, Tennessee
For families with children, child care adds thousands of dollars to overall annual spending. In St. Joseph, the average annual cost of child care for two children — one 4 year old and one 8 year old — is $8,334, about $2,600 less than the comparable average of $10,907 across all of Tennessee. Meanwhile, across the U.S. as a whole, childcare expenses for two children averages $15,853 per year.
Food Costs in St. Joseph, Tennessee
In St. Joseph, a single adult spends an average of $3,059 on food annually, and a family of four spends $8,834 on average. For context, average annual food expenditure across Tennessee and the U.S., respectively, are $3,214 and $3,240 for a single adult, and $9,282 and $9,354 for a family of four. These estimates are calculated for a nutritionally adequate diet of food purchased at a grocery store for at-home preparation.
Taxes in St. Joseph, Tennessee
Few expenses vary as much from city to city and town to town as taxes. Accounting for state and federal income taxes, as well as Social Security contributions and Medicare payroll taxes, the average adult working in St. Joseph, Tennessee pays $4,785 annually — closely in line with the statewide average of $4,925.
It is important to note that these calculations do not include other common taxes such as property, sales, and excise taxes. Accounting for these taxes, while excluding taxes levied at the federal level, St. Joseph residents live in a state with a low average tax burden. Per capita state tax collections in Tennessee total $2,108 per year, compared to the $3,151 average across all states.
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