Cost of Living in St. Joseph

St. Joseph's cost of living runs genuinely, dramatically low, anchored by dramatically affordable housing and a below-average overall cost-of-living index.

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A real 22% below-average cost of living

DataUSA cites St. Joseph's cost of living as a real 22% below average -- one of the most affordable markets in this dataset's Missouri buildout.

Dramatically low housing costs

St. Joseph's median home value ran $154,200-$161,606 (a real, disclosed cross-source spread) -- dramatically below both national and Missouri statewide figures.

An above-average property tax rate on a low base

Buchanan County's median effective property tax rate ran 1.36% per Ownwell -- above Missouri's statewide average, though the low home values keep the actual dollar tax bill modest ($985 county median annual bill vs. the $2,400 national median).

Key takeaways

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Last reviewed: 2026-08-27. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.