Cost of living in Lemay 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 Lemay 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 Lemay is 87, with 100 being the average.
The cost of living index in Lemay is 0.9x lower than the national average.
Lemay ranks as the #46 cheapest in Missouri out of 142.
Lemay ranks as the #777 cheapest out of 6,489 in the US.
The median home value in Lemay is $165,743.
The median income in Lemay is $59,026.
According to the most recent data on the cost of living, Lemay has an overall cost of living index of 87, which is 0.9x lower than the national index of 100.
Compared to Missouri, Lemay has a cost of living index that's 1.0x lower than Missouri's index of 88.
The standard of living in Lemay ranks as #46 most affordable out of the 142 places we measured in Missouri. By definition, that implies Lemay ranks as the #96 most expensive place in the Show Me State.
For more reading on life in Lemay, check out:
Six factors go into calculating the cost of living index in Lemay. Here is how it fairs on each of the criteria:
The Services index in Lemay is 92.
The Groceries index in Lemay is 95.
The Health index in Lemay is 89.
The Housing index in Lemay is 66.
The Transportation index in Lemay is 93.
The Utilities index in Lemay is 100.
| Living Expense | Lemay | Missouri | National Average | |
|---|---|---|---|---|
| Overall | 87 | 88 | 100 | |
| Services | 92 | 93 | 100 | |
| Groceries | 95 | 96 | 100 | |
| Health | 89 | 91 | 100 | |
| Housing | 66 | 78 | 100 | |
| Transportation | 93 | 90 | 100 | |
| Utilities | 100 | 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 Lemay is $165,743.
The Median Rent in Lemay is $879.
The Median Income in Lemay is $59,026.
The Home Value To Income in Lemay is 2.8x.
The Rent To Monthly Income in Lemay is 0.18x.
The cost of living varies in the cities and towns around Lemay. 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, 1.4x Lemay.
Ballwin, MO has a cost of living index of 109, 1.3x Lemay.
Mehlville, MO has a cost of living index of 91, 1.0x Lemay.
| City | Population | Cost Of Living | Vs. Lemay |
|---|---|---|---|
| Chesterfield, MO | 49,591 | 121 | 1.4x |
| Ballwin, MO | 30,835 | 109 | 1.3x |
| Mehlville, MO | 29,089 | 91 | 1.0x |
| Collinsville, IL | 24,126 | 89 | 1.0x |
| Affton, MO | 20,035 | 93 | 1.1x |
| Fairview Heights, IL | 16,255 | 94 | 1.1x |
| Swansea, IL | 14,603 | 93 | 1.1x |
| Shiloh, IL | 14,109 | 101 | 1.2x |
| Town and Country, MO | 11,605 | 161 | 1.9x |
| Columbia, IL | 11,063 | 99 | 1.1x |