Cost of Living in Fredericktown, MO

Population 4,464 · Missouri · Data vintage 2023

49
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Fredericktown a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $120,000. At 12.3%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Located 75 miles south of St. Louis, Fredericktown is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 35% lower than St. Louis' $185,000.

Cost Overview

Housing 39
Rent 64

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

About the Cost of Living in Fredericktown

The median home value in Fredericktown is $120,200 — 61% below the national median of $305,000. Median rent runs $845/month, 36% lower than the national median of $1,314/month. The median household income of $53,681/year is 28% lower than the US median of $74,580. The local unemployment rate is 12.3%, 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, Fredericktown has a cost of living index of 49 versus the US average of 100, meaning it is 51% less expensive.

🏠 Housing

Median Home Value
$120,200
61% below avg
Zillow Home Value
$169,915
Zillow ZHVI
Median Rent
$845/mo
36% below avg
Price-to-Rent Ratio
11.9x
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 57.8%
Renter-occupied 42.2%

💰 Estimated Monthly Budget

Rent median rent
$845
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,459/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
20.6 min
24% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
7.1%

Commute Mode

Drove alone
72.5%
Carpooled
16.3%
Public transit
1.9%
Walked
1.5%
Work from home
7.1%

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
$53,681
28% below avg
Per Capita Income
$28,342
Unemployment Rate
12.3%
155% above avg
Poverty Rate
18.3%
Labor Force Participation
59.6%

🎓 Education

Bachelor's degree+ 11.2%
Graduate degree 6.8%

👥 Demographics

Median Age 36.4
Male median age 36.1
Female median age 41.2

🏫 Schools

NCES CCD 2019 — public school district data

87%
4-Year Graduation Rate
14:1
Student-teacher ratio
4
Public schools
1,921
Total enrollment

Frequently Asked Questions

What is the cost of living in Fredericktown, MO?

Fredericktown has a cost index of 49 (100 = national average). It is 51% below the national average.

What is average rent in Fredericktown, MO?

The median gross rent in Fredericktown is $845 per month based on 2023 Census data.

What is the average home price in Fredericktown?

The median home value in Fredericktown is $120,200 according to Zillow and Census data.

What is the median income in Fredericktown?

The median household income in Fredericktown is $53,681 per year (2023 ACS 5-year estimates).

What is the sales tax in Fredericktown, MO?

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

Is Fredericktown, MO affordable?

Yes, Fredericktown is generally considered affordable, with a cost of living index of 49 — about 51% below the US national average of 100.

Fredericktown at a Glance

Population
4,464
Median Income
$53,681
Home Value
$120,200
Median Rent
$845/mo
Unemployment
12.3%
Sales Tax
8.4%
View all cities in Missouri →
🗺️ County data for Missouri

Explore county-level cost of living data

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