St. Louis, MI Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In St. Louis, MI Summary

Cost of living in St. Louis research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means St. Louis is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Michigan, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

  • The cost of living index in St. Louis is 84, with 100 being the average.

  • The cost of living index in St. Louis is 0.8x lower than the national average.

  • St. Louis ranks as the #37 cheapest in Michigan out of 175.

  • St. Louis ranks as the #629 cheapest out of 6,412 in the US.

  • The median home value in St. Louis is $85,600.

  • The median income in St. Louis is $43,777.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
84
St. Louis's Overall Cost Of Living
0.8x
Lower Than The National Average

What is the cost of living in St. Louis, MI?

According to the most recent data on the cost of living, St. Louis has an overall cost of living index of 84, which is 0.8x lower than the national index of 100.

Compared to Michigan, St. Louis has a cost of living index that's 0.9x lower than Michigan's index of 92.

The standard of living in St. Louis ranks as #37 most affordable out of the 175 places we measured in Michigan. By definition, that implies St. Louis ranks as the #138 most expensive place in the Wolverine State.

For more reading on life in St. Louis, check out:

37 out of 175
In Michigan
629 out of 6,412
In America

St. Louis Cost Of Living Vs. Michigan

Six factors go into calculating the cost of living index in St. Louis. Here is how it fairs on each of the criteria:

  • The Services index in St. Louis is 98.

  • The Groceries index in St. Louis is 90.

  • The Health index in St. Louis is 93.

  • The Housing index in St. Louis is 49.

  • The Transportation index in St. Louis is 107.

  • The Utilities index in St. Louis is 102.

Living Expense St. Louis Michigan National Average
Overall 84 92 100
Services 98 96 100
Groceries 90 96 100
Health 93 94 100
Housing 49 80 100
Transportation 107 97 100
Utilities 102 100 100
For more reading on cost of living around Michigan, check out:
St. Louis Cost of Living Vs. MI

St. Louis, MI Housing Cost Breakdown

Housing swings affordability the most between places in Michigan, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:

  • The Median Home Value in St. Louis is $85,600.

  • The Median Rent in St. Louis is $740.

  • The Median Income in St. Louis is $43,777.

  • The Home Value To Income in St. Louis is 2.0x.

  • The Rent To Monthly Income in St. Louis is 0.2x.

Statistic St. Louis Michigan United States
Median Home Value $85,600 $172,100 $244,900
Median Rent $740 $946 $1,163
Median Income $43,777 $63,202 $69,021
Home Value To Income 2.0x 2.7x 3.5x
Rent To Monthly Income 0.2x 0.18x 0.2x
Search Homes For Sale In St. Louis, MI
$85,600
Median Home Value
$740
Median Rent
$43,777
Median Income

St. Louis, MI Costs By Category

Detailed St. Louis Services Costs Vs. Michigan

Item St. Louis Michigan
Shampoo $0.89 $1.06
Movie $11.37 $10.68
Bowling $16.78 $14.67
Haircut $20.22 $18.62
Beauty Salon $32.55 $39.05

Detailed St. Louis Groceries Costs Vs. Michigan

Item St. Louis Michigan
Ground Beef $4.5 $4.22
Fried Chicken $1.12 $1.39
Milk $1.59 $2.05
Potatoes $2.75 $3.29
Pizza $10.16 $10.62
Beer $8.21 $9.38
Toothpaste $1.98 $2.34

Detailed St. Louis Health Costs Vs. Michigan

Item St. Louis Michigan
Optometrist $105.11 $108.57
Doctor $98.0 $116.17
Dentist $94.78 $99.13

Detailed St. Louis Transportation Costs Vs. Michigan

Item St. Louis Michigan
Gasoline $2.23 $2.22
Tire Balancing $60.0 $50.07

Detailed St. Louis Utilities Costs Vs. Michigan

Item St. Louis Michigan
All Electricity $170.23 $167.67
Phone $181.0 $175.64

St. Louis SnackAbility

6
/10
Overall SnackAbility
Jobs
6/10
Housing
5
Affordability
8
Diversity
9
Safety
8.5
Amenities
8.5
Education
5
Commute
9

Cost Of Living In Cities Around St. Louis

The cost of living varies in the cities and towns around St. Louis. Here's a quick look at the cost of living in the most populous nearby places:

  • East Lansing, MI has a cost of living index of 95, 1.1x St. Louis.

  • Midland, MI has a cost of living index of 93, 1.1x St. Louis.

  • Okemos, MI has a cost of living index of 101, 1.2x St. Louis.

City Population Cost Of Living Vs. St. Louis
East Lansing, MI 47,427 95 1.1x
Midland, MI 42,425 93 1.1x
Okemos, MI 25,179 101 1.2x
Waverly, MI 23,328 94 1.1x
Mount Pleasant, MI 21,880 89 1.1x
Haslett, MI 19,333 93 1.1x
Alma, MI 9,426 81 1.0x
Flushing, MI 8,356 93 1.1x
Grand Ledge, MI 7,792 87 1.0x
St. Johns, MI 7,700 90 1.1x

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