| Index | Chesterfield | Missouri | National |
| Cost of living | 122 | 90 | 100 |
| Groceries | 96 | 96 | 100 |
| Health care | 95 | 97 | 100 |
| Housing | 183 | 77 | 100 |
| Transportation | 97 | 96 | 100 |
| Utilities | 96 | 95 | 100 |
| Lifestyle & Entertainment | 93 | 95 | 100 |
| Household Items | 98 | 97 | 100 |
| Education & Childcare | 99 | 95 | 100 |
Are you thinking about relocating, but curious about the potential cost of living in Chesterfield? Is it more expensive or more affordable than average? Based on the most recent report, the cost of living in Chesterfield stands at 122, making it 22% higher than the national average. The cost of living directly affects the affordability of one's desired lifestyle. Knowing the cost of housing, transportation, groceries and other essentials in the new area allows people to gauge whether they can maintain their preferred standard of living.
The cost of living in Chesterfield is among the highest in the country, making it a very expensive place to live. Only a small fraction of regions boast a cost of living that is at least 20% higher than the national average, and regrettably, Chesterfield falls into this category, which may not be suitable for those seeking an economically favorable living environment.
Housing costs are a major factor in the Chesterfield cost of living index, and they often eat up a big chunk of your take-home pay. Unfortunately, in this area, housing expenses for both homeownership and rentals were 83.1% higher than what's typical in an average city. That includes the prices of homes and rents, as well as mortgage rates and insurance.
Wondering if Chesterfield is affordable? It's a question that often comes up when you're thinking about a new city since affordability can really shape your decisions. The cost of living index (covered earlier), housing expenses and income levels all play a part in the affordability equation. In Chesterfield, for example, the median home price is 107.3% higher than what folks pay nationally, and monthly rent is 26.7% higher than the usual rates. Plus, income levels matter too, with Chesterfield boasting a median household income of $177,699, which is 118.5% higher than the national average.
Groceries: The costs associated with groceries have witnessed substantial increases over the past 2-3 years. In select markets, food prices have escalated by more than 20% during this timeframe, whereas others have seen more restrained upticks. The variances in food expenses can exert a considerable influence on the overall cost of living in a given locale. In Chesterfield, the groceries index is 4% lower than the national average.
Taxes: Regions that impose higher taxes, including sales and income taxes, can contribute to an increased cost of living. Higher taxes for everyday necessities such as clothing, utilities and food inevitably leads to higher expenditures. Additionally, a higher income tax rate can also play a role in elevating the overall cost of living. In Chesterfield, the prevailing sales tax rate starts at 4.225%, and income tax rates kick off at 2%.
Housing: High demand for housing in desirable locations can drive up property prices and rental rates. This can be a primary contributor to a higher cost of living. While low demand for housing, especially in undesirable locations, can have the reverse effect and drive prices down, resulting in a lower cost of living. The housing index in Chesterfield, is 83.1% higher than the national average.
The Chesterfield cost of living data displayed above uses a U.S. average baseline of 100 to provide a practical way to compare living expenses across cities. Housing estimates incorporate U.S. Census home price and rental data, while all other values are generated using AI-assisted models based on everyday expense expectations, regional pricing trends, climate, transportation patterns, and local economic conditions. These values are designed for directional city-to-city comparisons.
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| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $200,194 | $16,683 | $4,671 | $6,006 |
| Renters | $90,054 | $7,505 | $2,101 | $2,702 |
| State | General Sales Tax | With Max Surtax |
| Missouri | 4.225% | 10.85% |
| State | Income Tax (Low) | Income Tax (High) |
| Missouri | 2% | 4.95% |
| City | Population | Cost of Living Index | National Avg. |
| Champ, MO | 3 | 96 | 4.1% |
| Defiance, MO | 70 | 96 | 4.3% |
| Peaceful Village, MO | 95 | 69 | 31.1% |
| Kinloch, MO | 344 | 79 | 20.8% |
| Pagedale, MO | 3,420 | 83 | 17.2% |
| Chesterfield, MO | 48,902 | 122 | 22.4% |
| City | Population | Cost of Living Index | National Avg. |
| Beavercreek, OH | 48,876 | 102 | 1.9% |
| Mentor, OH | 48,930 | 98 | 1.5% |
| East Providence, RI | 48,849 | 108 | 8.4% |
| Marana, AZ | 48,967 | 116 | 16.2% |
| Shawinigan, QC | 48,810 | n/a | |
| Chesterfield, MO | 48,902 | 122 | 22.4% |
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