Cost of living in Oakville 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 Oakville 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 Oakville is 100, with 100 being the average.
The cost of living index in Oakville is 1.0x lower than the national average.
Oakville ranks as the #107 cheapest in Missouri out of 142.
Oakville ranks as the #2,621 cheapest out of 6,489 in the US.
The median home value in Oakville is $351,395.
The median income in Oakville is $103,125.
According to the most recent data on the cost of living, Oakville has an overall cost of living index of 100, which is 1.0x lower than the national index of 100.
Compared to Missouri, Oakville has a cost of living index that's 1.1x higher than Missouri's index of 88.
The standard of living in Oakville ranks as #107 most affordable out of the 142 places we measured in Missouri. By definition, that implies Oakville ranks as the #35 most expensive place in the Show Me State.
For more reading on life in Oakville, check out:
Six factors go into calculating the cost of living index in Oakville. Here is how it fairs on each of the criteria:
The Services index in Oakville is 91.
The Groceries index in Oakville is 96.
The Health index in Oakville is 90.
The Housing index in Oakville is 123.
The Transportation index in Oakville is 96.
The Utilities index in Oakville is 104.
| Living Expense | Oakville | Missouri | National Average | |
|---|---|---|---|---|
| Overall | 100 | 88 | 100 | |
| Services | 91 | 93 | 100 | |
| Groceries | 96 | 96 | 100 | |
| Health | 90 | 91 | 100 | |
| Housing | 123 | 78 | 100 | |
| Transportation | 96 | 90 | 100 | |
| Utilities | 104 | 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 Oakville is $351,395.
The Median Rent in Oakville is $1,083.
The Median Income in Oakville is $103,125.
The Home Value To Income in Oakville is 3.4x.
The Rent To Monthly Income in Oakville is 0.13x.
The cost of living varies in the cities and towns around Oakville. Here's a quick look at the cost of living in the most populous nearby places:
Ballwin, MO has a cost of living index of 109, 1.1x Oakville.
Kirkwood, MO has a cost of living index of 117, 1.2x Oakville.
Mehlville, MO has a cost of living index of 91, 0.9x Oakville.
| City | Population | Cost Of Living | Vs. Oakville |
|---|---|---|---|
| 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 | 1.1x |
| Arnold, MO | 20,884 | 96 | 1.0x |
| Concord, MO | 18,028 | 102 | 1.0x |
| Lemay, MO | 16,431 | 87 | 0.9x |
| Fairview Heights, IL | 16,255 | 94 | 0.9x |
| Swansea, IL | 14,603 | 93 | 0.9x |
| Town and Country, MO | 11,605 | 161 | 1.6x |