Cost of living in Festus 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 Festus 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 Festus is 92, with 100 being the average.
The cost of living index in Festus is 0.9x lower than the national average.
Festus ranks as the #79 cheapest in Missouri out of 142.
Festus ranks as the #1,501 cheapest out of 6,489 in the US.
The median home value in Festus is $297,870.
The median income in Festus is $70,085.
According to the most recent data on the cost of living, Festus has an overall cost of living index of 92, which is 0.9x lower than the national index of 100.
Compared to Missouri, Festus has a cost of living index that's 1.0x higher than Missouri's index of 88.
The standard of living in Festus ranks as #79 most affordable out of the 142 places we measured in Missouri. By definition, that implies Festus ranks as the #63 most expensive place in the Show Me State.
For more reading on life in Festus, check out:
Six factors go into calculating the cost of living index in Festus. Here is how it fairs on each of the criteria:
The Services index in Festus is 91.
The Groceries index in Festus is 96.
The Health index in Festus is 90.
The Housing index in Festus is 85.
The Transportation index in Festus is 92.
The Utilities index in Festus is 102.
| Living Expense | Festus | Missouri | National Average | |
|---|---|---|---|---|
| Overall | 92 | 88 | 100 | |
| Services | 91 | 93 | 100 | |
| Groceries | 96 | 96 | 100 | |
| Health | 90 | 91 | 100 | |
| Housing | 85 | 78 | 100 | |
| Transportation | 92 | 90 | 100 | |
| Utilities | 102 | 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 Festus is $297,870.
The Median Rent in Festus is $935.
The Median Income in Festus is $70,085.
The Home Value To Income in Festus is 4.3x.
The Rent To Monthly Income in Festus is 0.16x.
The cost of living varies in the cities and towns around Festus. Here's a quick look at the cost of living in the most populous nearby places:
Oakville, MO has a cost of living index of 100, 1.1x Festus.
Arnold, MO has a cost of living index of 96, 1.0x Festus.
Columbia, IL has a cost of living index of 99, 1.1x Festus.
| City | Population | Cost Of Living | Vs. Festus |
|---|---|---|---|
| Oakville, MO | 35,166 | 100 | 1.1x |
| Arnold, MO | 20,884 | 96 | 1.0x |
| Columbia, IL | 11,063 | 99 | 1.1x |
| Waterloo, IL | 11,055 | 94 | 1.0x |
| Murphy, MO | 8,566 | 89 | 1.0x |
| De Soto, MO | 6,452 | 88 | 1.0x |
| Pevely, MO | 6,037 | 90 | 1.0x |
| Barnhart, MO | 6,036 | 90 | 1.0x |
| Imperial, MO | 5,617 | 96 | 1.0x |