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Cost of Living: New York vs St. Louis

How expensive is St. Louis compared with New York City? Overall prices, rent, goods, utilities and services in the St. Louis, MO-IL metro area versus the New York metro area, plus the salary you’d need to live the same way.

St. Louis is 16% cheaper than New York
Cost of living index 84 (New York metro = 100) · 2024

Salary converter

Same lifestyle in St. Louis
$84,475
You’d need $15,525 less per year
≈ $99,437 in New York buys the same standard of living.

Before taxes. Income tax, sales tax and benefits differ a lot between places and aren’t included.

Where the difference comes from

Rent & housing
47% cheaper
Goods (groceries, clothing, etc.)
9% cheaper
Utilities
45% cheaper
Other services (healthcare, dining, transport…)
7% cheaper
New York metroSt. Louis metro

Bars show each category’s price level relative to the US average (BEA Regional Price Parities, 2024). Rent is usually the biggest driver.

The numbers

Metro area
St. Louis, MO-IL
Price level vs US average
95.1 (New York: 112.6)
Rent vs US average
79.0 (New York: 148.6)
Source
U.S. Bureau of Economic Analysis, Regional Price Parities 2024

Frequently asked questions

Is St. Louis cheaper than New York?

Yes. St. Louis is 16% cheaper than the New York metro area overall (index 84, New York = 100).

What salary in St. Louis equals $100,000 in New York?

About $84,475 a year buys the same standard of living in St. Louis as $100,000 in the New York metro area, before taxes.

How do rents in St. Louis compare with New York?

Rents and housing costs in the St. Louis, MO-IL metro area are 47% cheaper than the New York metro area (BEA, 2024).

Where does this data come from?

U.S. Bureau of Economic Analysis Regional Price Parities for 2024, which compare the price of the same basket of goods, rents, utilities and services across US metro areas.

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