Cost of Living in Arnold, MO

Population 20,884 · Missouri · Data vintage 2023

74
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Buyers in Arnold can reasonably expect a home to cost less than three years of household income — $210,000 against $75,194 in typical earnings — a ratio that has collapsed to 5:1 or worse in much of the country.

Located 15 miles southwest of St. Louis, Arnold falls within that metro's commuting orbit. Median home values run roughly 13% higher than St. Louis' $185,000.

Cost Overview

Housing 69
Rent 83

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Arnold

The median home value in Arnold is $209,700 — 31% below the national median of $305,000. Median rent runs $1,085/month, 17% lower than the national median of $1,314/month. The median household income of $75,194/year is 1% higher than the US median of $74,580. The local unemployment rate is 4.2%, below the national average of 4.8%. Missouri's top state income tax rate is 5.0% and the combined sales tax is 8.4%. Overall, Arnold has a cost of living index of 74 versus the US average of 100, meaning it is 26% less expensive.

🏠 Housing

Median Home Value
$209,700
31% below avg
Zillow Home Value
$266,927
Zillow ZHVI
Median Rent
$1,085/mo
17% below avg
Zillow Rent
$1,626/mo
Zillow ZORI
Price-to-Rent Ratio
16.1x
Favors buying
Property Tax Rate
1.0%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$623
1 BR
$668
2 BR
$826
3 BR
$1,142
4 BR
$1,311
Owner-occupied 79.6%
Renter-occupied 20.4%

💰 Estimated Monthly Budget

Rent median rent
$1,085
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,699/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
30.1 min
11% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
8.1%

Commute Mode

Drove alone
85.3%
Carpooled
5.8%
Walked
0.7%
Work from home
8.1%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 5.0%
Total Sales Tax 8.4%
State rate 4.2%
Avg local rate 4.1%
Property Tax 1.0%

💼 Income & Employment

Median Household Income
$75,194
1% above avg
Per Capita Income
$37,093
Unemployment Rate
4.2%
12% below avg
Poverty Rate
7.7%
Labor Force Participation
66.1%

🎓 Education

Bachelor's degree+ 16.2%
Graduate degree 7.8%

👥 Demographics

Median Age 39.9
Male median age 38.7
Female median age 42.9

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 44 — Good
62.2%
Good air days/yr
185
Max AQI recorded
204
PM2.5 days
157
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

91%
4-Year Graduation Rate
14.5:1
Student-teacher ratio
18
Public schools
11,326
Total enrollment

Frequently Asked Questions

What is the cost of living in Arnold, MO?

Arnold has a cost index of 74 (100 = national average). It is 26% below the national average.

What is average rent in Arnold, MO?

The median gross rent in Arnold is $1,085 per month based on 2023 Census data.

What is the average home price in Arnold?

The median home value in Arnold is $209,700 according to Zillow and Census data.

What is the median income in Arnold?

The median household income in Arnold is $75,194 per year (2023 ACS 5-year estimates).

What is the sales tax in Arnold, MO?

The combined state and local sales tax rate in Arnold is 8.4%. The Missouri state income tax top rate is 5.0%.

Is Arnold, MO affordable?

Yes, Arnold is generally considered affordable, with a cost of living index of 74 — about 26% below the US national average of 100.

Arnold at a Glance

Population
20,884
Median Income
$75,194
Home Value
$209,700
Median Rent
$1,085/mo
Unemployment
4.2%
Sales Tax
8.4%
View all cities in Missouri →
🗺️ County data for Missouri

Explore county-level cost of living data

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