Cost of Living in St. Louis, MI

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

80.2

100 = national avg

-19.8 vs national average

Living Wage (1 Adult)

$35,306

per year

Living Wage (Family of 4)

$83,451

per year

Cost Index by Category

Housing
82.1
Food
85.2
Transportation
70.5
Healthcare
88.2
Utilities
87.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$742

per month

2 Bedroom

$973

per month

The overall cost of living index in St. Louis is 80.2, which is 19.8% below the national average. Housing costs are below the national average at an index of 82.1. A single adult needs to earn approximately $35,306 per year to cover basic expenses.