Housing costs in St. Louis?
A typical home costs
$214,500, which is 36.6% less expensive than the national average of
$338,100 and 1.0% more expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in St. Louis costs
$1,150 per month, which is 21.1% more than the national average of
$950 and 13.9% more than the state average of
$990.
Can I afford St. Louis?
To live comfortably in St. Louis (zip 63101), Missouri, a minimum annual income of
$41,040 for a family, and
$36,800 for a single person is recommended.
What does A.I. say about St. Louis?
The cost of living in 63101 St. Louis, MO is remarkably affordable compared to other major cities in the United States. According to the Cost of Living Index, the city's overall cost of living is 14% below the national average and 10% below other cities in similar counties. This means that residents can enjoy low property taxes, inexpensive housing costs, and moderate transportation costs. In addition, prices for goods and services tend to be on the lower end as well. With its affordability, 63101 St. Louis, MO provides a great place for families and young adults looking for an affordable lifestyle without having to compromise on quality of life.