Cost of Living in Crestwood, MO

Population 12,298 · Missouri · Data vintage 2023

89
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Crestwood is a smaller Missouri community of around 12000 residents, where median household incomes of $115,512 and housing costs ($291,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. An unemployment rate of 1.4% points to a labor market well on the tight side of the national distribution.

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

Cost Overview

Housing 96
Rent 80

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

About the Cost of Living in Crestwood

The median home value in Crestwood is $291,400 — 4% below the national median of $305,000. Median rent runs $1,048/month, 20% lower than the national median of $1,314/month. The median household income of $115,512/year is 55% higher than the US median of $74,580. The local unemployment rate is 1.4%, 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, Crestwood has a cost of living index of 89 versus the US average of 100, meaning it is 11% less expensive.

🏠 Housing

Median Home Value
$291,400
4% below avg
Zillow Home Value
$331,087
Zillow ZHVI
Median Rent
$1,048/mo
20% below avg
Price-to-Rent Ratio
23.2x
Favors renting
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 89.1%
Renter-occupied 10.9%

💰 Estimated Monthly Budget

Rent median rent
$1,048
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,662/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
23.1 min
14% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
19.9%

Commute Mode

Drove alone
72.8%
Carpooled
6.8%
Walked
0.2%
Work from home
19.9%

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
$115,512
55% above avg
Per Capita Income
$49,461
Unemployment Rate
1.4%
70% below avg
Poverty Rate
4.3%
Labor Force Participation
66.6%

🎓 Education

Bachelor's degree+ 34.1%
Graduate degree 22.6%

👥 Demographics

Median Age 42.8
Male median age 42.4
Female median age 43.9

Frequently Asked Questions

What is the cost of living in Crestwood, MO?

Crestwood has a cost index of 89 (100 = national average). It is 11% below the national average.

What is average rent in Crestwood, MO?

The median gross rent in Crestwood is $1,048 per month based on 2023 Census data.

What is the average home price in Crestwood?

The median home value in Crestwood is $291,400 according to Zillow and Census data.

What is the median income in Crestwood?

The median household income in Crestwood is $115,512 per year (2023 ACS 5-year estimates).

What is the sales tax in Crestwood, MO?

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

Is Crestwood, MO affordable?

Yes, Crestwood is generally considered affordable, with a cost of living index of 89 — about 11% below the US national average of 100.

Crestwood at a Glance

Population
12,298
Median Income
$115,512
Home Value
$291,400
Median Rent
$1,048/mo
Unemployment
1.4%
Sales Tax
8.4%
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Explore county-level cost of living data

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