Pevely 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.
IndexPevelyMissouriNational
Cost of living index8991100
IndexPevelyMissouriNational
Goods & Services index9395100
Groceries index10397100
Health care index9697100
Housing index6879100
Transportation index9493100
Utilities index113104100
An overview of the general cost of living index for Pevely, MO is displayed above for your reference. Residents in Pevely, MO enjoy a cost of living index of 89. This index is 2% lower than the Missouri average, and 11% 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 Pevely, MO, the average cost of goods and services is 3% lower than it is in Missouri, and it is 7% lower than the national average.

Did you know?

  • The cost of living in Pevely is 2% lower than the Missouri average.
  • The cost of living in Pevely is 11% lower than the national average.
  • The cost of housing in Pevely is 32% 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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Salary Calculator

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Use the salary calculator to compare your current salary in Pevely, MO to any other city. The salary calculator will tell you how much you would need to earn in any given city to maintain the same standard of living based on the cost of living in each city. For example, if the cost of living in the city you are looking to relocate to is higher than the cost of living in Pevely, MO, then you would need to earn more income in order to maintain the same standard of living. To use the Pevely, MO salary calculator, simply enter in the name of the new city, then adjust the slider to your current income. The salary calculator will do the rest and let you know if you need to earn more or less in the new city. You will also see a complete breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$50,359$4,197$1,175$1,511
Renters$26,319$2,193$614$790
A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in Pevely, MO, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. Pevely, MO has a median income of about $50,359 for people who own homes. Based on that number, a person should spend a maximum of $1,175 on expenses related to housing. Renters have a slightly different median income, which is $26,319. Based on this average, renters should spend no more than $614 on all of their rental costs if they want to maintain a non-impoverished standard of living.

Missouri Sales Tax

StateGeneral Sales TaxWith Max Surtax
Missouri4.225%9.35%

Missouri Income Tax

StateIncome Tax (Low)Income Tax (High)
Missouri1.5%6%
One thing to keep in mind when considering the cost of living in Pevely, MO is the Missouri sales tax and Missouri income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The Missouri sales tax rate is 4.225% and the maximum surtax that can be charged is 9.35%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The Missouri income tax rates range from 1.5% to 6%.

Goods & Services

ItemPevelyNational avg.Difference
Haircut $16.36$15.565.1%
Beauty Salon $37.77$36.114.6%
Toothpaste $2.13$2.4713.7%
Shampoo $1.03$0.966.7%
Movie $10.07$10.130.6%
Bowling $3.78$4.7420.2%

Groceries

ItemPevelyNational avg.Difference
Ground Beef $4.90$3.9823.0%
Fried Chicken $1.88$1.4133.6%
Milk $2.33$2.0612.9%
Potatoes $2.48$2.9816.7%
Pizza $8.52$9.4710.1%
Beer $8.04$8.798.6%

Health Care

ItemPevelyNational avg.Difference
Optometrist $76.95$101.0423.8%
Doctor $84.03$107.4421.8%
Dentist $91.80$90.421.5%
Ibuprofen $11.43$9.2823.2%
Lipitor $433.91$426.501.7%

Housing

ItemPevelyNational avg.Difference
Home Price $115,000.00$175,700.0034.5%
Avg. Mortgage Payment $728.96$1,133.2335.7%
Apartment Rent $678.00$920.0026.3%

Transportation

ItemPevelyNational avg.Difference
Gasoline $1.87$1.996.4%
Tire Balancing $43.83$45.764.2%

Utilities

ItemPevelyNational avg.Difference
All Electricity$160.36$163.812.1%
Phone $38.25$28.3934.8%
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, StatePopulationCost of Living IndexNational Avg.
Peaceful Village, MO598-2%
Fults, IL2284-16%
Grayhawk, MO74885-15%
De Soto, MO6,44986-14%
Cedar Hill Lakes, MO19186-14%
Pevely, MO5,56689-11%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Douglass Hills, KY5,5661000%
Junction City, OR5,5661055%
Zeeland, MI5,56686-14%
Country Homes, WA5,5661022%
South Apopka, FL5,56587-13%
Pevely, MO5,56689-11%
Source: The Pevely, MO cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.