An In-Depth St. Louis Cost of Living Guide

ST Louis city

St. Louis is a historic metropolis with a family-friendly reputation and close-knit neighborhoods, as well as a population of around 301,500. St. Louis has a variety of attractions and activities to keep residents occupied. Residents can often be spotted jogging, bicycling, or inline skating around the lovely Forest Park, which spans 1,300 acres. 

It’s no surprise that more people are moving to St. Louis, given the abundance of world-class, family-friendly attractions, as well as a vibrant cultural environment.

There’s another reason St. Louis is a great location to live, aside from its rich history and seemingly infinite list of attractions. t’s also an affordable area with an abundance of employment opportunities.

In this guide, you’ll find a comprehensive breakdown of the St. Louis cost of living.

All You Need To Know About St. Louis Cost Of Living


If you’re looking to move to St. Louis, the St. Louis cost of living makes it a great option. This city’s housing costs are 24.7% lower than the national average. The average monthly rent in St. Louis is $1,961, down 17.4% from the previous year.

Of course, the amount you pay is determined by the area in which you live. If you choose an area like the Central West End Historic District, for example, your ideal apartment will set you back $3,095 a month. 

If you choose the Florissant and Lakewood neighborhoods, though, you’ll pay $846 and $724, respectively, a big difference from the average rent in St. Louis.

When you buy property, you’ll have to consider sales tax and residential property tax. The residential property tax rate in St. Louis County is 1.05%. You’ll pay $2,205 in taxes each year if you buy a $210,000 property.

The upside though is that should you decide to move, you might be able to save money on taxes by donating your furniture. You can deduct a contribution of furniture to a charity from your taxes. Just make sure to request a tax receipt from the charity.


Rental housing is another St. Louis cost of living that you need to consider when relocating. Fortunately, rent and housing costs are 27% lower in St. Louis than the national average.

A studio apartment’s average monthly rent is $794, a one-bedroom apartment’s average monthly rent is $950, and a two-bedroom apartment’s average monthly rent is $1,295 a month.

Residents in St. Louis enjoy easy access to a variety of public transportation options, including buses and the light rail system, which is one of the best in the country. 

If public transit is important to you, look into the availability of it in the apartments you’re considering. You may be able to travel further from the city center if you own a car.

In general, the smaller apartments are less expensive it is to rent. So, if you want to save money on rent, seek a studio or one-bedroom apartment. St. Louis has studio apartments starting at $425 per month and one-bedroom apartments starting at $495 per month. This makes the St. Louis cost of living affordable across a variety of budgets.

When attempting to reduce rent costs, there are various factors to consider. The location of the apartment will have a significant impact on the rent price, therefore looking for an apartment outside of the metropolitan area may save you money.

Another option for finding a cheaper apartment is to look for flats outside of the city or modest apartments that have been converted from garages or attics. If you rely on public transportation, this may not be an option, so decide how near to the city you want or need to be before you start looking for an apartment.

If you’re moving alone, splitting costs with a roommate is one of the simplest methods to lower your monthly living expenditures. If you choose your roommate carefully and selectively, you may find yourself in a very good scenario that lasts longer than the first year. 

Before moving in together, write a roommate agreement with clearly specified guidelines to ensure that each roommate’s expectations are met.


The amount you’ll spend on transportation is another crucial aspect in determining the St. Louis cost of living. When you consider the typical rent in St. Louis, the amount of money you’ll have to spend on transportation may even influence the area you eventually choose.

There are so many options for getting around in St. Louis. You have the option to walk, bike, take public transportation or drive your own car. 

St. Louis is an attractive option because the city’s transportation costs are 13.5% lower than the national average. St. Louis has a high walkability and bike-ability rating of 60 and 52, respectively. So if you’re a walking wanderer, this is the perfect location for you. 

If you prefer public transportation, a one-way bus ticket will set you back around $1.00, whereas a light rail trip will cost you $2.50. The cost of a weekly light rail pass is $27. A monthly pass, which costs $78 a month, is also available.

If you own a car, you’ll have to account for other costs such as maintenance, gas, registration, and parking regularly. 

Gas is at $2.57 per gallon and routine maintenance costs around $38.97 and of course, the cost of parking varies. A parking spot in a lot or garage costs $2 per hour on average in Downtown St. Louis. Parking on the street is $0.25 for 15 minutes at a meter.

Health Care

While it’s impossible to acquire a precise estimate of healthcare costs,  you’ll be pleased to know that St. Louis residents pay 12.9% less than the national average.

Your healthcare needs may differ significantly from those of your neighbor or even family members. Your monthly healthcare costs will be lower if you’re single and healthy than if you’re married, have children/dependents, or have special healthcare needs.

Nonetheless, we can break out the expenses of certain essential healthcare services in the city and compare them to the national average.

Over-the-counter medications are 16.57% more expensive than the national average, while prescription prescriptions are 2.05% less expensive.

Taxes In St. Louis

While most people dislike discussing taxes, it’s critical to understand how much you’re paying because they have a direct impact on the St. Louis cost of living.

In Missouri, the income tax rate ranges from 0% to 5.4%. The Missouri legislature opted in 2014 to reduce income taxes from 6% to the current 3%. Residents and workers in St. Louis are also subject to a 1% earnings tax.

St. Louis has a combined sales tax rate of 9.679%, which includes both city and state taxes. The state sales tax in Missouri is 4.23%. The tax rate in St. Louis is 5.45%. 

This means that if you spend $1,000 on goods, you’ll end up paying about $100 in sales tax.

Goods and Services

The St. Louis cost of living should include the cost of goods and services, which can take up a significant portion of a person’s monthly budget. 

There are essential and non-essential goods that people buy regularly. St. Louis has an average cost of miscellaneous products and services that is 8% lower than the national average. 

Assume that on your errand run you plan to attend a fitness class, then get your hair done before picking up your dry cleaning on your way home. This could easily set you back around $68.13, which is slightly higher than the national average of $67.03.


Food is the next most expensive item after housing when considering the St. Louis cost of living. Food prices can make the cost of living in St. Louis cheap slightly more expensive, depending on where you reside.

St. Louis grocery prices are roughly in line with the national average, falling 1.7% short. In St. Louis, a half-gallon of milk, for example, can set you back $1.7, which is pretty affordable given the $2.10 national average. A dozen eggs costs $1.47 on average, across the country, and in St. Louis, they cost $1.3.

You also have to consider dining out costs. As people get busier, they cook less and rely on take-outs more. In St. Louis, the average cost of a dinner for one person is $17. You’ll have a lot of options to choose from as well.

Despite the pandemic, the dining scene in St. Louis is thriving. A foodie’s heart will soar due to the variety of restaurants that have launched in the last year.

Going Out

In comparison to the rest of the country, the cost of an evening out in St. Louis is normally within the average range. Lunch in a low-cost restaurant costs around $10, which is comparable to the national average. 

Lunch at a mid-range restaurant is the same way. The average in St. Louis is around $50, which is similar to the national average.


If your landlord includes those fees in your rent, utility bills can quickly push up the St. Louis cost of living, including the average rent in St. Louis. Fortunately, utility costs in this city are around 5.3% cheaper than the national average. In addition, this is 3% less than 2020.

You can anticipate paying $148.54 per month for energy bills under normal circumstances. The country’s average is about $161.20.

Employment Opportunities

Fourteen Fortune 1000 firms and nine Fortune 500 companies have their headquarters in St Louis. In October 2019, the unemployment rate was 3.1%, which was lower than the national average of 3.6%. 

St. Louis was rated one of the top ten emerging cities for startups by Forbes, in part because the cost of doing business is 8% lower than the national average.

Furthermore, St. Louis has world-class higher education institutions, such as Washington University and St. Louis University. St. Louis is also home to the St. Louis Children’s Hospital, Washington University Hospital, and Barnes-Jewish Hospital. 

Additionally, the St. Louis area is home to eight of Missouri’s top ten public high schools.

How Much Should You Be Earning?

One of the most important questions you should ask yourself before relocating to St. Louis is whether your present income will be enough to cover the expense of living in St. Louis.

The St. Louis’ average wage is $50,250, which is slightly less than the national average and a median household income of $43,896. However, because of the lower-than-average cost of living, residents can stretch their money further and even save more.

Final Thoughts

Now that you know how much it costs to live in St Louis, you can decide whether or not you want to relocate here. Before you make the decision, make sure you look at the differences between renting and buying a property, as well as your estimated transportation and energy bills.

St. Louis is a fantastic area to live in because of its high standard of life. It also has a wide variety of occupations available that pay well. Residents can stretch their money further while living life to the fullest because of the lower cost of living and numerous free entertainment options.

Overall, this city appears to be one of the more affordable in the country, with a cost of living that is 12.2% lower than the national average and has decreased by 0.1 percent in the last year. 

Want to get moving? Contact us now for more information about Arch Moving services in St Louis.