Cost of Living in Berkeley, MO

Population 8,149 · Missouri · Data vintage 2023

48
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

At $40,654, median household incomes in Berkeley land roughly 45% below the US median, a gap that tends to persist across local labor-market indicators. A poverty rate near 34% adds context to the income figures — well above the US average, and worth factoring into any comparison with cities on the coasts or in the Rockies.

Located 9 miles northwest of St. Louis, Berkeley falls within that metro's commuting orbit. Median home values run roughly 57% lower than St. Louis' $185,000.

Cost Overview

Housing 26
Rent 82

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

About the Cost of Living in Berkeley

The median home value in Berkeley is $80,000 — 74% below the national median of $305,000. Median rent runs $1,075/month, 18% lower than the national median of $1,314/month. The median household income of $40,654/year is 45% lower than the US median of $74,580. The local unemployment rate is 2.6%, 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, Berkeley has a cost of living index of 48 versus the US average of 100, meaning it is 52% less expensive.

🏠 Housing

Median Home Value
$80,000
74% below avg
Zillow Home Value
$264,988
Zillow ZHVI
Median Rent
$1,075/mo
18% below avg
Zillow Rent
$1,315/mo
Zillow ZORI
Price-to-Rent Ratio
6.2x
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 50.3%
Renter-occupied 49.7%

💰 Estimated Monthly Budget

Rent median rent
$1,075
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,689/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
23.3 min
14% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
15.2%

Commute Mode

Drove alone
58.3%
Carpooled
20.1%
Public transit
3.8%
Walked
0.3%
Bicycle
2.3%
Work from home
15.2%

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
$40,654
45% below avg
Per Capita Income
$21,450
Unemployment Rate
2.6%
46% below avg
Poverty Rate
34.0%
Labor Force Participation
66.1%

🎓 Education

Bachelor's degree+ 9.8%
Graduate degree 5.2%

👥 Demographics

Median Age 28.4
Male median age 23.8
Female median age 37.3

Frequently Asked Questions

What is the cost of living in Berkeley, MO?

Berkeley has a cost index of 48 (100 = national average). It is 52% below the national average.

What is average rent in Berkeley, MO?

The median gross rent in Berkeley is $1,075 per month based on 2023 Census data.

What is the average home price in Berkeley?

The median home value in Berkeley is $80,000 according to Zillow and Census data.

What is the median income in Berkeley?

The median household income in Berkeley is $40,654 per year (2023 ACS 5-year estimates).

What is the sales tax in Berkeley, MO?

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

Is Berkeley, MO affordable?

Yes, Berkeley is generally considered affordable, with a cost of living index of 48 — about 52% below the US national average of 100.

Berkeley at a Glance

Population
8,149
Median Income
$40,654
Home Value
$80,000
Median Rent
$1,075/mo
Unemployment
2.6%
Sales Tax
8.4%
View all cities in Missouri →
🗺️ County data for Missouri

Explore county-level cost of living data

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