Maryland Heights, MO Cost Of Living

Maryland Heights cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
Index	Maryland Heights	Missouri	National
Cost of living index	95	90	100
Index	Maryland Heights	Missouri	National
Goods & Services index	91	93	100
Groceries index	105	98	100
Health care index	96	97	100
Housing index	88	78	100
Transportation index	96	94	100
Utilities index	114	103	100

An overview of the general cost of living index for Maryland Heights, MO is displayed above for your reference. Residents in Maryland Heights, MO enjoy a cost of living index of 95. This index is 5% higher than the Missouri average, and 5% lower than the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). Clearly, housing and goods/services make up the majority of the formula for calculating the cost of living index. Because of this, the general cost of living for any given area can be estimated by looking at the cost of everyday goods in that area. For those living in Maryland Heights, MO, the average cost of goods and services is 2% lower than it is in Missouri, and it is 9% lower than the national average.

Did you know?

The cost of living in Maryland Heights is 5% higher than the Missouri average.
The cost of living in Maryland Heights is 5% lower than the national average.
The cost of housing in Maryland Heights is 12% lower than the national average.
Missouri general sales tax is 17% lower than the national average.
Missouri state income tax is 33% lower than the national average.

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Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

The salary calculator allows you to compare how much your current salary in Maryland Heights, MO would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Maryland Heights, MO, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Maryland Heights, MO salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$70,542	$5,879	$1,646	$2,116
Renters	$49,848	$4,154	$1,163	$1,496

If you want to find a good determining factor for the cost of living and the general affordability of housing in Maryland Heights, MO, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Maryland Heights, MO, the median monthly income is $70,542 for those who own their own homes. Under the standard rule, that income level would allow for $1,646 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $49,848, per the median income in the area. That would allow for renters to spend up to $1,163 on monthly rental expenses.

Missouri Sales Tax

State	General Sales Tax	With Max Surtax
Missouri	4.225%	10.85%

Missouri Income Tax

State	Income Tax (Low)	Income Tax (High)
Missouri	1.5%	6%

For those who live in Maryland Heights, MO and want to know what the true cost of living is, they ought to look at both the Missouri income tax rate and the Missouri sales tax rate. By sales tax, we mean the taxes that are included whenever a person is purchasing any goods or services. The amount that is taxed depends upon the particular state, where some states have a sales tax of zero percent while others can have a tax higher than seven percent. In Missouri, the sales tax is 4.225%, while the most you'll pay in surtax is 10.85%. There is also income tax to consider, which is based upon the amount of money made in a year. Just like sales tax, income tax depends upon the particular state but also depends upon what tax bracket the person is in. Income tax for the state can be higher than nine percent in some states to zero percent in others. For those that live in Missouri, the income tax rate ranges between 1.5% to 6%.

Goods & Services

Item	Maryland Heights	National avg.	Difference
Haircut	$17.21	$16.09	7.0%
Beauty Salon	$34.20	$37.33	8.4%
Toothpaste	$2.34	$2.45	4.5%
Shampoo	$1.13	$1.00	12.6%
Movie	$10.24	$10.28	0.4%
Bowling	$3.59	$4.93	27.3%

Groceries

Item	Maryland Heights	National avg.	Difference
Ground Beef	$4.74	$3.80	24.5%
Fried Chicken	$1.93	$1.40	37.9%
Milk	$2.49	$2.01	24.0%
Potatoes	$2.91	$3.01	3.2%
Pizza	$9.21	$9.89	6.9%
Beer	$8.68	$8.90	2.4%

Health Care

Item	Maryland Heights	National avg.	Difference
Optometrist	$78.31	$102.16	23.3%
Doctor	$81.57	$108.36	24.7%
Dentist	$97.45	$92.53	5.3%
Ibuprofen	$11.27	$9.28	21.5%
Lipitor	$432.37	$425.82	1.5%

Housing

Item	Maryland Heights	National avg.	Difference
Home Price	$153,300.00	$184,700.00	17.0%
Avg. Mortgage Payment	$804.85	$1,202.44	33.1%
Apartment Rent	$936.00	$949.00	1.4%

Transportation

Item	Maryland Heights	National avg.	Difference
Gasoline	$2.23	$2.24	0.6%
Tire Balancing	$41.12	$46.29	11.2%

Utilities

Item	Maryland Heights	National avg.	Difference
All Electricity	$168.88	$165.96	1.8%
Phone	$37.05	$28.68	29.2%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, State	Population	Cost of Living Index	National Avg.
Champ, MO	7	98	-2%
Brooklyn, IL	740	76	-24%
Venice, IL	1,898	79	-21%
Madison, IL	3,825	81	-19%
Sauget, IL	232	81	-19%
Maryland Heights, MO	27,359	95	-5%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Wilmette, IL	27,367	166	66%
Milton, MA	27,351	158	58%
Winchester, VA	27,349	103	3%
Winona, MN	27,372	92	-8%
Jeffersontown, KY	27,395	95	-5%
Maryland Heights, MO	27,359	95	-5%

Source: The Maryland Heights, MO cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.

Maryland Heights, MO Cost of Living