Berkeley, MO Cost Of Living

Demographics | Cost Of Living | Photos
Updated: 2020-03-08
Berkeley's Overall Cost Of Living
Lower Than The National Average
The cost of living index is set to 100 for the average place in America. An index above 100 means Berkeley is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Berkeley, MO?

According to the most recent data on the cost of living, Berkeley has an overall cost of living index of 83 which is 0.8x lower than the national index of 100.

Compared to only Missouri, Berkeley has a cost of living index that's 0.9x lower than Missouri's index of 91.

The standard of living in Berkeley ranks as #522 most affordable out of the 6522 places we measured in Missouri. By definition, that implies Berkeley ranks as the #5884 most expensive place in the Show Me State.

For more reading on life in Berkeley, check out:

Berkeley Cost Of Living Vs. Missouri

Living Expense Berkeley Missouri National Average
Overall 83 91 100
Services 91 96 100
Groceries 105 99 100
Health 92 99 100
Housing 55 78 100
Transportation 95 95 100
Utilities 101 98 100
For more reading on cost of living around Missouri, check out:
Berkeley Cost of Living Vs. MO

Berkeley, MO Housing Cost Breakdown

Housing swings affordability the most between places in Missouri, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

Median Home Value
Median Rent
Median Income
Statistic Berkeley Missouri United States
Median Home Value $64,700 $151,600 $204,900
Median Rent $976 $809 $1,023
Median Income $33,874 $53,560 $60,293
Home Value To Income 1.9x 2.8x 3.4x
Rent To Monthly Income 0.35x 0.18x 0.2x

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Cost Of Living In Cities Around Berkeley

City Population Cost Of Living Vs. Berkeley
Chesterfield, MO 47,663 117 1.4x
Ballwin, MO 30,332 104 1.3x
Edwardsville, IL 24,868 98 1.2x
Collinsville, IL 24,756 89 1.1x
Ferguson, MO 20,931 85 1.0x
Godfrey, IL 17,685 90 1.1x
Glen Carbon, IL 12,845 99 1.2x
Wood River, IL 10,234 84 1.0x
Bethalto, IL 9,311 89 1.1x
Maryville, IL 7,955 98 1.2x

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