Cost of living in Lemay 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 Lemay 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 Lemay is 86, with 100 being the average.
The cost of living index in Lemay is 0.9x lower than the national average.
Lemay ranks as the #47 cheapest in Missouri out of 143.
Lemay ranks as the #938 cheapest out of 6,412 in the US.
The median home value in Lemay is $113,000.
The median income in Lemay is $53,271.
According to the most recent data on the cost of living, Lemay has an overall cost of living index of 86, which is 0.9x lower than the national index of 100.
Compared to Missouri, Lemay has a cost of living index that's 1.0x lower than Missouri's index of 89.
The standard of living in Lemay ranks as #47 most affordable out of the 143 places we measured in Missouri. By definition, that implies Lemay ranks as the #96 most expensive place in the Show Me State.
For more reading on life in Lemay, check out:
Six factors go into calculating the cost of living index in Lemay. Here is how it fairs on each of the criteria:
The Services index in Lemay is 95.
The Groceries index in Lemay is 103.
The Health index in Lemay is 88.
The Housing index in Lemay is 62.
The Transportation index in Lemay is 92.
The Utilities index in Lemay is 96.
Living Expense | Lemay | Missouri | National Average | |
---|---|---|---|---|
Overall | 86 | 89 | 100 | |
Services | 95 | 92 | 100 | |
Groceries | 103 | 96 | 100 | |
Health | 88 | 88 | 100 | |
Housing | 62 | 79 | 100 | |
Transportation | 92 | 95 | 100 | |
Utilities | 96 | 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 Lemay is $113,000.
The Median Rent in Lemay is $830.
The Median Income in Lemay is $53,271.
The Home Value To Income in Lemay is 2.1x.
The Rent To Monthly Income in Lemay is 0.19x.
Statistic | Lemay | Missouri | United States |
---|---|---|---|
Median Home Value | $113,000 | $171,800 | $244,900 |
Median Rent | $830 | $886 | $1,163 |
Median Income | $53,271 | $61,043 | $69,021 |
Home Value To Income | 2.1x | 2.8x | 3.5x |
Rent To Monthly Income | 0.19x | 0.17x | 0.2x |
The cost of living varies in the cities and towns around Lemay. Here's a quick look at the cost of living in the most populous nearby places:
Chesterfield, MO has a cost of living index of 117, 1.4x Lemay.
Ballwin, MO has a cost of living index of 103, 1.2x Lemay.
Mehlville, MO has a cost of living index of 91, 1.1x Lemay.
City | Population | Cost Of Living | Vs. Lemay |
---|---|---|---|
Chesterfield, MO | 49,675 | 117 | 1.4x |
Ballwin, MO | 30,998 | 103 | 1.2x |
Mehlville, MO | 28,672 | 91 | 1.1x |
Collinsville, IL | 24,627 | 90 | 1.0x |
Affton, MO | 18,925 | 89 | 1.0x |
Fairview Heights, IL | 16,601 | 87 | 1.0x |
Swansea, IL | 15,037 | 94 | 1.1x |
Shiloh, IL | 13,638 | 98 | 1.1x |
Town and Country, MO | 11,440 | 151 | 1.8x |
Columbia, IL | 11,090 | 94 | 1.1x |