Shrewsbury, MO Cost Of Living
Cost Of Living In Shrewsbury, MO Summary
Cost of living in Shrewsbury 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 Shrewsbury 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 Shrewsbury is 96, with 100 being the average.
The cost of living index in Shrewsbury is 1.0x lower than the national average.
Shrewsbury ranks as the #99 cheapest in Missouri out of 142.
Shrewsbury ranks as the #2,104 cheapest out of 6,489 in the US.
The median home value in Shrewsbury is $281,477.
The median income in Shrewsbury is $84,942.
Table Of Contents
Shrewsbury's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Shrewsbury, MO?
According to the most recent data on the cost of living, Shrewsbury has an overall cost of living index of 96, which is 1.0x lower than the national index of 100.
Compared to Missouri, Shrewsbury has a cost of living index that's 1.1x higher than Missouri's index of 88.
The standard of living in Shrewsbury ranks as #99 most affordable out of the 142 places we measured in Missouri. By definition, that implies Shrewsbury ranks as the #43 most expensive place in the Show Me State.
For more reading on life in Shrewsbury, check out:
In Missouri
In America
Shrewsbury Cost Of Living Vs. Missouri
Six factors go into calculating the cost of living index in Shrewsbury. Here is how it fairs on each of the criteria:
The Services index in Shrewsbury is 90.
The Groceries index in Shrewsbury is 99.
The Health index in Shrewsbury is 91.
The Housing index in Shrewsbury is 104.
The Transportation index in Shrewsbury is 94.
The Utilities index in Shrewsbury is 100.
| Living Expense | Shrewsbury | Missouri | National Average | |
|---|---|---|---|---|
| Overall | 96 | 88 | 100 | |
| Services | 90 | 93 | 100 | |
| Groceries | 99 | 96 | 100 | |
| Health | 91 | 91 | 100 | |
| Housing | 104 | 78 | 100 | |
| Transportation | 94 | 90 | 100 | |
| Utilities | 100 | 99 | 100 | |
Shrewsbury, MO Housing Cost Breakdown
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 Shrewsbury is $281,477.
The Median Rent in Shrewsbury is $1,143.
The Median Income in Shrewsbury is $84,942.
The Home Value To Income in Shrewsbury is 3.3x.
The Rent To Monthly Income in Shrewsbury is 0.16x.
| Statistic | Shrewsbury | Missouri | United States |
|---|---|---|---|
| Median Home Value | $281,477 | $257,929 | $303,400 |
| Median Rent | $1,143 | $996 | $1,348 |
| Median Income | $84,942 | $68,920 | $78,538 |
| Home Value To Income | 3.3x | 3.7x | 3.9x |
| Rent To Monthly Income | 0.16x | 0.17x | 0.21x |
Median Home Value
Median Rent
Median Income
Shrewsbury, MO Costs By Category
Detailed Shrewsbury Services Costs Vs. Missouri
| Item | Shrewsbury | Missouri |
|---|---|---|
| Shampoo | $1.11 | $1.28 |
| Movie | $11.28 | $12.13 |
| Bowling | $16.92 | $18 |
| Haircut | $21.19 | $24.26 |
| Beauty Salon | $40.57 | $45.56 |
Detailed Shrewsbury Groceries Costs Vs. Missouri
| Item | Shrewsbury | Missouri |
|---|---|---|
| Ground Beef | $6.4 | $5.84 |
| Fried Chicken | $1.36 | $1.57 |
| Milk | $4.5 | $4.67 |
| Potatoes | $5.28 | $4.93 |
| Pizza | $10.84 | $12.09 |
| Beer | $9.47 | $10.41 |
| Toothpaste | $3.75 | $3.7 |
Detailed Shrewsbury Health Costs Vs. Missouri
| Item | Shrewsbury | Missouri |
|---|---|---|
| Optometrist | $125.72 | $125.68 |
| Doctor | $124.51 | $135.78 |
| Dentist | $100.78 | $113.29 |
Detailed Shrewsbury Transportation Costs Vs. Missouri
| Item | Shrewsbury | Missouri |
|---|---|---|
| Gasoline | $3.2 | $3.46 |
| Tire Balancing | $50.0 | $59.92 |
Detailed Shrewsbury Utilities Costs Vs. Missouri
| Item | Shrewsbury | Missouri |
|---|---|---|
| All Electricity | $133.84 | $193.99 |
| Phone | $188.69 | $192.25 |
Shrewsbury SnackAbility
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Cost Of Living In Cities Around Shrewsbury
The cost of living varies in the cities and towns around Shrewsbury. 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 Shrewsbury.
Wildwood, MO has a cost of living index of 124, 1.3x Shrewsbury.
Ballwin, MO has a cost of living index of 109, 1.1x Shrewsbury.
| City | Population | Cost Of Living | Vs. Shrewsbury |
|---|---|---|---|
| Chesterfield, MO | 49,591 | 121 | 1.3x |
| Wildwood, MO | 35,168 | 124 | 1.3x |
| Ballwin, MO | 30,835 | 109 | 1.1x |
| Collinsville, IL | 24,126 | 89 | 0.9x |
| Webster Groves, MO | 23,771 | 112 | 1.2x |
| Affton, MO | 20,035 | 93 | 1.0x |
| Fairview Heights, IL | 16,255 | 94 | 1.0x |
| Swansea, IL | 14,603 | 93 | 1.0x |
| Town and Country, MO | 11,605 | 161 | 1.7x |
| Columbia, IL | 11,063 | 99 | 1.0x |
