Housing costs in Lake St. Louis?
A typical home costs
$373,100, which is 10.4% more expensive than the national average of
$338,100 and 75.7% more expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Lake St. Louis costs
$1,220 per month, which is 14.7% cheaper than the national average of
$1,430 and 22.1% more than the state average of
$950.
Can I afford Lake St. Louis?
To live comfortably in Lake St. Louis, Missouri, a minimum annual income of
$71,640 for a family, and
$38,800 for a single person is recommended.
What does A.I. say about Lake St. Louis?
The cost of living in Lake St. Louis, MO is slightly higher than the national average. The median home value is $303,000, while the median household income hovers around $83,039. Despite the higher cost of living than the national average, it is still much lower than nearby cities such as St. Louis and Clayton. The unemployment rate is also low at just 3.6%, making it one of the best places to live for job seekers. Grocery prices are also comparable with other midwestern states, while housing costs are more expensive due to its proximity to St. Louis and Clayton. All in all, Lake St. Louis provides a great quality of life for those willing to pay a premium for it.