Cost of living in Ballwin research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Ballwin is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Missouri, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Ballwin is 103, with 100 being the average.
The cost of living index in Ballwin is 1.0x higher than the national average.
Ballwin ranks as the #123 cheapest in Missouri out of 143.
Ballwin ranks as the #3,487 cheapest out of 6,412 in the US.
The median home value in Ballwin is $295,400.
The median income in Ballwin is $107,806.
According to the most recent data on the cost of living, Ballwin has an overall cost of living index of 103, which is 1.0x higher than the national index of 100.
Compared to Missouri, Ballwin has a cost of living index that's 1.2x higher than Missouri's index of 89.
The standard of living in Ballwin ranks as #123 most affordable out of the 143 places we measured in Missouri. By definition, that implies Ballwin ranks as the #20 most expensive place in the Show Me State.
For more reading on life in Ballwin, check out:
Six factors go into calculating the cost of living index in Ballwin. Here is how it fairs on each of the criteria:
The Services index in Ballwin is 95.
The Groceries index in Ballwin is 100.
The Health index in Ballwin is 90.
The Housing index in Ballwin is 127.
The Transportation index in Ballwin is 91.
The Utilities index in Ballwin is 97.
Living Expense | Ballwin | Missouri | National Average | |
---|---|---|---|---|
Overall | 103 | 89 | 100 | |
Services | 95 | 92 | 100 | |
Groceries | 100 | 96 | 100 | |
Health | 90 | 88 | 100 | |
Housing | 127 | 79 | 100 | |
Transportation | 91 | 95 | 100 | |
Utilities | 97 | 95 | 100 |
Housing swings affordability the most between places in Missouri, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Ballwin is $295,400.
The Median Rent in Ballwin is $1,178.
The Median Income in Ballwin is $107,806.
The Home Value To Income in Ballwin is 2.7x.
The Rent To Monthly Income in Ballwin is 0.13x.
Statistic | Ballwin | Missouri | United States |
---|---|---|---|
Median Home Value | $295,400 | $171,800 | $244,900 |
Median Rent | $1,178 | $886 | $1,163 |
Median Income | $107,806 | $61,043 | $69,021 |
Home Value To Income | 2.7x | 2.8x | 3.5x |
Rent To Monthly Income | 0.13x | 0.17x | 0.2x |
The cost of living varies in the cities and towns around Ballwin. Here's a quick look at the cost of living in the most populous nearby places:
O'Fallon, MO has a cost of living index of 100, 1.0x Ballwin.
Chesterfield, MO has a cost of living index of 117, 1.1x Ballwin.
Wildwood, MO has a cost of living index of 118, 1.1x Ballwin.
City | Population | Cost Of Living | Vs. Ballwin |
---|---|---|---|
O'Fallon, MO | 90,802 | 100 | 1.0x |
Chesterfield, MO | 49,675 | 117 | 1.1x |
Wildwood, MO | 35,384 | 118 | 1.1x |
Kirkwood, MO | 29,233 | 107 | 1.0x |
Webster Groves, MO | 23,817 | 105 | 1.0x |
Manchester, MO | 18,308 | 99 | 1.0x |
Dardenne Prairie, MO | 12,689 | 114 | 1.1x |
Town and Country, MO | 11,440 | 151 | 1.5x |
Ellisville, MO | 9,908 | 105 | 1.0x |
Des Peres, MO | 9,096 | 126 | 1.2x |