Cost of living in Arnold 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 Arnold is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Missouri, 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 Arnold is 96, with 100 being the average.
The cost of living index in Arnold is 1.0x lower than the national average.
Arnold ranks as the #99 cheapest in Missouri out of 142.
Arnold ranks as the #2,104 cheapest out of 6,489 in the US.
The median home value in Arnold is $268,762.
The median income in Arnold is $75,194.
According to the most recent data on the cost of living, Arnold has an overall cost of living index of 96, which is 1.0x lower than the national index of 100.
Compared to Missouri, Arnold has a cost of living index that's 1.1x higher than Missouri's index of 88.
The standard of living in Arnold ranks as #99 most affordable out of the 142 places we measured in Missouri. By definition, that implies Arnold ranks as the #43 most expensive place in the Show Me State.
For more reading on life in Arnold, check out:
Six factors go into calculating the cost of living index in Arnold. Here is how it fairs on each of the criteria:
The Services index in Arnold is 90.
The Groceries index in Arnold is 95.
The Health index in Arnold is 91.
The Housing index in Arnold is 95.
The Transportation index in Arnold is 95.
The Utilities index in Arnold is 101.
| Living Expense | Arnold | Missouri | National Average | |
|---|---|---|---|---|
| Overall | 96 | 88 | 100 | |
| Services | 90 | 93 | 100 | |
| Groceries | 95 | 96 | 100 | |
| Health | 91 | 91 | 100 | |
| Housing | 95 | 78 | 100 | |
| Transportation | 95 | 90 | 100 | |
| Utilities | 101 | 99 | 100 | |
Housing swings affordability the most between places in Missouri, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Arnold is $268,762.
The Median Rent in Arnold is $1,085.
The Median Income in Arnold is $75,194.
The Home Value To Income in Arnold is 3.6x.
The Rent To Monthly Income in Arnold is 0.17x.
The cost of living varies in the cities and towns around Arnold. Here's a quick look at the cost of living in the most populous nearby places:
Chesterfield, MO has a cost of living index of 121, 1.3x Arnold.
Wildwood, MO has a cost of living index of 124, 1.3x Arnold.
Oakville, MO has a cost of living index of 100, 1.0x Arnold.
| City | Population | Cost Of Living | Vs. Arnold | 
|---|---|---|---|
| Chesterfield, MO | 49,591 | 121 | 1.3x | 
| Wildwood, MO | 35,168 | 124 | 1.3x | 
| Oakville, MO | 35,166 | 100 | 1.0x | 
| Ballwin, MO | 30,835 | 109 | 1.1x | 
| Kirkwood, MO | 29,302 | 117 | 1.2x | 
| Mehlville, MO | 29,089 | 91 | 0.9x | 
| Webster Groves, MO | 23,771 | 112 | 1.2x | 
| Concord, MO | 18,028 | 102 | 1.1x | 
| Town and Country, MO | 11,605 | 161 | 1.7x | 
| Columbia, IL | 11,063 | 99 | 1.0x |