The St. Louis, MO Metro Area is an affordable and pleasant place to live. Rent for a two-bedroom apartment is significantly lower than the national average at $990 compared to $1430 across the country. The Grocery Cost Index for this area is also low at 96 in comparison to 100 in other parts of the US. The area also boasts a range of local businesses and attractions such as the iconic Gateway Arch, Busch Stadium, Saint Louis Zoo, Budweiser Brewery, Anheuser-Busch Company, Schnucks Supermarkets, several universities and colleges such as Washington University in St. Louis and St. Louis Community College. There are plenty of well-known restaurants and landmarks in this area that makes it an appealing place to visit or live in.
St. Louis Metro Area has an unemployment rate of 4.8%. The US average is 6.0%.
St. Louis Metro Area has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 28.4%, which is lower than the US average of 33.5%.
Tax Rates for St. Louis Metro Area
- The Sales Tax Rate for St. Louis Metro Area is 8.0%. The US average is 7.3%.
- The Income Tax Rate for St. Louis Metro Area is 6.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for St. Louis Metro Area
- The average income of a St. Louis Metro Area resident is $30,024 a year. The US average is $28,555 a year.
- The Median household income of a St. Louis Metro Area resident is $69,635 a year. The US average is $69,021 a year.