Ferguson, MO Cost Of Living
Cost Of Living In Ferguson, MO Summary
Cost of living in Ferguson 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 Ferguson 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 Ferguson is 82, with 100 being the average.
The cost of living index in Ferguson is 0.8x lower than the national average.
Ferguson ranks as the #16 cheapest in Missouri out of 143.
Ferguson ranks as the #377 cheapest out of 6,412 in the US.
The median home value in Ferguson is $78,900.
The median income in Ferguson is $40,195.
Table Of Contents
Ferguson's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Ferguson, MO?
According to the most recent data on the cost of living, Ferguson has an overall cost of living index of 82, which is 0.8x lower than the national index of 100.
Compared to Missouri, Ferguson has a cost of living index that's 0.9x lower than Missouri's index of 89.
The standard of living in Ferguson ranks as #16 most affordable out of the 143 places we measured in Missouri. By definition, that implies Ferguson ranks as the #127 most expensive place in the Show Me State.
For more reading on life in Ferguson, check out:
- Living In Ferguson
- Ferguson Crime Report
- Search Homes For Sale In Ferguson, MO
In Missouri
In America
Ferguson Cost Of Living Vs. Missouri
Six factors go into calculating the cost of living index in Ferguson. Here is how it fairs on each of the criteria:
The Services index in Ferguson is 94.
The Groceries index in Ferguson is 103.
The Health index in Ferguson is 87.
The Housing index in Ferguson is 58.
The Transportation index in Ferguson is 89.
The Utilities index in Ferguson is 98.
| Living Expense | Ferguson | Missouri | National Average | |
|---|---|---|---|---|
| Overall | 82 | 89 | 100 | |
| Services | 94 | 92 | 100 | |
| Groceries | 103 | 96 | 100 | |
| Health | 87 | 88 | 100 | |
| Housing | 58 | 79 | 100 | |
| Transportation | 89 | 95 | 100 | |
| Utilities | 98 | 95 | 100 | |
Ferguson, MO Housing Cost Breakdown
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 Ferguson is $78,900.
The Median Rent in Ferguson is $963.
The Median Income in Ferguson is $40,195.
The Home Value To Income in Ferguson is 2.0x.
The Rent To Monthly Income in Ferguson is 0.29x.
| Statistic | Ferguson | Missouri | United States |
|---|---|---|---|
| Median Home Value | $78,900 | $171,800 | $244,900 |
| Median Rent | $963 | $886 | $1,163 |
| Median Income | $40,195 | $61,043 | $69,021 |
| Home Value To Income | 2.0x | 2.8x | 3.5x |
| Rent To Monthly Income | 0.29x | 0.17x | 0.2x |
Median Home Value
Median Rent
Median Income
Ferguson, MO Costs By Category
Detailed Ferguson Services Costs Vs. Missouri
Detailed Ferguson Groceries Costs Vs. Missouri
Detailed Ferguson Health Costs Vs. Missouri
Detailed Ferguson Transportation Costs Vs. Missouri
Detailed Ferguson Utilities Costs Vs. Missouri
Ferguson SnackAbility
/10
Cost Of Living In Cities Around Ferguson
The cost of living varies in the cities and towns around Ferguson. Here's a quick look at the cost of living in the most populous nearby places:
Ballwin, MO has a cost of living index of 103, 1.3x Ferguson.
Edwardsville, IL has a cost of living index of 98, 1.2x Ferguson.
Collinsville, IL has a cost of living index of 90, 1.1x Ferguson.
| City | Population | Cost Of Living | Vs. Ferguson |
|---|---|---|---|
| Ballwin, MO | 30,998 | 103 | 1.3x |
| Edwardsville, IL | 25,236 | 98 | 1.2x |
| Collinsville, IL | 24,627 | 90 | 1.1x |
| Godfrey, IL | 17,812 | 90 | 1.1x |
| Fairview Heights, IL | 16,601 | 87 | 1.1x |
| Glen Carbon, IL | 13,532 | 97 | 1.2x |
| Jennings, MO | 13,129 | 82 | 1.0x |
| Wood River, IL | 10,325 | 82 | 1.0x |
| Bethalto, IL | 9,414 | 86 | 1.0x |
| Berkeley, MO | 8,310 | 81 | 1.0x |
