Cost of Living in Ferguson, MO

Population 18,350 · Missouri · Data vintage 2023

52
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

At $46,106, median household incomes in Ferguson land roughly 38% below the US median, a gap that tends to persist across local labor-market indicators. At 6.4%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Ferguson sits roughly 8 miles northwest of St. Louis — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 46% lower than St. Louis' $185,000.

Cost Overview

Housing 33
Rent 81

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

About the Cost of Living in Ferguson

The median home value in Ferguson is $99,300 — 67% below the national median of $305,000. Median rent runs $1,066/month, 19% lower than the national median of $1,314/month. The median household income of $46,106/year is 38% lower than the US median of $74,580. The local unemployment rate is 6.4%, above 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, Ferguson has a cost of living index of 52 versus the US average of 100, meaning it is 48% less expensive.

🏠 Housing

Median Home Value
$99,300
67% below avg
Zillow Home Value
$113,765
Zillow ZHVI
Median Rent
$1,066/mo
19% below avg
Zillow Rent
$1,292/mo
Zillow ZORI
Price-to-Rent Ratio
7.8x
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 48.8%
Renter-occupied 51.2%

💰 Estimated Monthly Budget

Rent median rent
$1,066
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,680/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
26.9 min
0% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
14.5%

Commute Mode

Drove alone
71.0%
Carpooled
4.1%
Public transit
6.0%
Walked
1.1%
Work from home
14.5%

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
$46,106
38% below avg
Per Capita Income
$28,833
Unemployment Rate
6.4%
32% above avg
Poverty Rate
24.9%
Labor Force Participation
62.7%

🎓 Education

Bachelor's degree+ 14.2%
Graduate degree 7.5%

👥 Demographics

Median Age 36
Male median age 33.2
Female median age 39.6

Frequently Asked Questions

What is the cost of living in Ferguson, MO?

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

What is average rent in Ferguson, MO?

The median gross rent in Ferguson is $1,066 per month based on 2023 Census data.

What is the average home price in Ferguson?

The median home value in Ferguson is $99,300 according to Zillow and Census data.

What is the median income in Ferguson?

The median household income in Ferguson is $46,106 per year (2023 ACS 5-year estimates).

What is the sales tax in Ferguson, MO?

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

Is Ferguson, MO affordable?

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

Ferguson at a Glance

Population
18,350
Median Income
$46,106
Home Value
$99,300
Median Rent
$1,066/mo
Unemployment
6.4%
Sales Tax
8.4%
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🗺️ County data for Missouri

Explore county-level cost of living data

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