Ballwin 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.
IndexBallwinMissouriNational
Cost of living index10491100
IndexBallwinMissouriNational
Goods & Services index9196100
Groceries index10599100
Health care index9299100
Housing index12578100
Transportation index9595100
Utilities index10198100
Here we can see a simple outline of the cost of living in Ballwin, MO. As you can see, with the average cost of living in Ballwin, MO being 104, that puts it 15% higher than the average of Missouri and 4% higher than our nation's average. This simple outline of the cost of living index was formulated using prices of: goods and services (weighted 33%), housing prices (weighted 30%), groceries (weighted 13%), utilities (weighted 10%), transportation (weighted 9%), and health care (weighted 5%). Thus, goods/services, along with housing influences the majority of the cost of living index. The price of daily goods and services is a valuable and reliable number to be aware of when considering the general price of the city's goods. In the case of Ballwin, MO, the price of goods and services are 5% lower than the average of Missouri as well as 9% lower than the nation's average.
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Did you know?

  • The cost of living in Ballwin is 15% higher than the Missouri average.
  • The cost of living in Ballwin is 4% higher than the national average.
  • The cost of housing in Ballwin is 25% higher 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.

Compare Ballwin, MO Cost of living To Other Cities

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      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      The salary calculator is used in order to provide a comparison of your current salary in Ballwin, MO to another city of your choice. The calculator will inform you of what your salary needs to be in any specific city in order for you to maintain your living standard based on what the city’s cost of living is. As an example, if you are seeking to move to a city that has a higher cost of living compared to Ballwin, MO, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Ballwin, MO salary calculator, input the new city’s name and then move the slider to indicate your current income. The salary calculator will now process the numbers and show you whether you need to earn more or less in the chosen city. A comprehensive breakdown of the cost of living will also be shown.

      Median Income & Debt-To-Income Ratio

      Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Owners$95,800$7,983$2,235$2,874
      Renters$53,711$4,476$1,253$1,611
      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 Ballwin, 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. Ballwin, MO has a median income of about $95,800 for people who own homes. Based on that number, a person should spend a maximum of $2,235 on expenses related to housing. Renters have a slightly different median income, which is $53,711. Based on this average, renters should spend no more than $1,253 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%10.85%

      Missouri Income Tax

      StateIncome Tax (Low)Income Tax (High)
      Missouri1.5%5.4%
      One thing to keep in mind when considering the cost of living in Ballwin, 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 10.85%. 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 5.4%.

      Goods & Services

      ItemBallwinNational avg.Difference
      Haircut $17.00$17.492.8%
      Beauty Salon $39.71$38.174.0%
      Toothpaste $2.32$2.320.0%
      Shampoo $1.06$1.014.8%
      Movie $9.83$10.728.3%
      Bowling $14.83$13.867.0%

      Groceries

      ItemBallwinNational avg.Difference
      Ground Beef $4.01$3.902.8%
      Fried Chicken $1.67$1.4019.7%
      Milk $1.90$1.963.2%
      Potatoes $3.49$3.189.6%
      Pizza $9.96$10.394.2%
      Beer $9.26$9.230.3%

      Health Care

      ItemBallwinNational avg.Difference
      Optometrist $78.67$106.3426.0%
      Doctor $71.67$115.2537.8%
      Dentist $102.57$98.384.3%
      Ibuprofen $11.32$9.2622.2%
      Lipitor $474.50$466.471.7%

      Housing

      ItemBallwinNational avg.Difference
      Home Price $238,400.00$184,700.0029.1%
      Avg. Mortgage Payment $855.20$1,273.3232.8%
      Apartment Rent $1,090.00$949.0014.9%

      Transportation

      ItemBallwinNational avg.Difference
      Gasoline $2.57$2.590.7%
      Tire Balancing $44.41$48.909.2%

      Utilities

      ItemBallwinNational avg.Difference
      All Electricity$163.79$167.602.3%
      Phone $191.07$163.4216.9%
      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.
      Champ, MO796-4%
      Hillsdale, MO1,34481-19%
      Grayhawk, MO62981-19%
      Pagedale, MO3,30681-19%
      Normandy, MO4,97381-19%
      Ballwin, MO30,4311044%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Westfield, NJ30,43817070%
      Algonquin, IL30,4131088%
      Aiken, SC30,40396-4%
      Estero, FL30,47012121%
      Clearfield, UT30,48394-6%
      Ballwin, MO30,4311044%
      Source: The Ballwin, MO cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.