Total monthly cost of ownership
Cost to Own a Home in St. James City, Florida
A $285,000 home here costs
$2,303per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,465. The real number is $838 higher every month — 57% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
St. James City against Lee County and Florida
| Measure | St. James City | Lee County |
|---|---|---|
| Median home value | $284,800 | $326,300 |
| Median property tax | $2,689 | $2,699 |
| Effective tax rate | 0.944% | 0.827% |
| Median gross rent | $2,259 | $1,597 |
| Population | 3,846 | 792,692 |
The weather behind that power bill
St. James City sits in Lee County, which averages a high of 91.7°F in its hottest month and a low of 54.3°F in its coldest, with 57.41" of precipitation a year and 51% of it in a single three-month stretch. That climate drives 4,046 cooling and 252 heating degree days, which is what sets the $136 electricity line above.
See the full climate breakdown for Lee County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Lee County
Common questions
How much does it cost to own a home in St. James City?
A $285,000 home in St. James City, Florida costs approximately $2,303 per month with 20% down at 6.66%. That is $1,465 principal and interest, $224 property tax, $172 homeowners insurance, $204 utilities and $238 set aside for maintenance.
What is the property tax rate in St. James City?
St. James City has an effective property tax rate of 0.944%, based on a median home value of $284,800 and median real estate taxes of $2,689. That is higher than the Lee County average of 0.827%.
What is the average home price in St. James City?
The median owner-occupied home value in St. James City, Florida is $284,800, against $326,300 across Lee County.
Is it cheaper to rent or buy in St. James City?
Median gross rent in St. James City is $2,259 a month, against $2,303 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for St. James City — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Florida.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.