Cost of Living in Manchester, MO

Population 18,189 · Missouri · Data vintage 2023

97
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 Manchester a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $298,000. An unemployment rate of 2.8% points to a labor market well on the tight side of the national distribution.

Located 15 miles west of St. Louis, Manchester falls within that metro's commuting orbit. Median home values run roughly 61% higher than St. Louis' $185,000.

Cost Overview

Housing 98
Rent 95

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

About the Cost of Living in Manchester

The median home value in Manchester is $298,400 — 2% below the national median of $305,000. Median rent runs $1,248/month, 5% lower than the national median of $1,314/month. The median household income of $92,839/year is 24% higher than the US median of $74,580. The local unemployment rate is 2.8%, 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, Manchester has a cost of living index of 97 versus the US average of 100, meaning it is 3% less expensive.

🏠 Housing

Median Home Value
$298,400
2% below avg
Zillow Home Value
$365,432
Zillow ZHVI
Median Rent
$1,248/mo
5% below avg
Zillow Rent
$1,214/mo
Zillow ZORI
Price-to-Rent Ratio
19.9x
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 72.3%
Renter-occupied 27.7%

💰 Estimated Monthly Budget

Rent median rent
$1,248
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,862/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
22.8 min
16% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
21.9%

Commute Mode

Drove alone
71.2%
Carpooled
5.6%
Public transit
0.1%
Walked
0.2%
Work from home
21.9%

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
$92,839
24% above avg
Per Capita Income
$48,673
Unemployment Rate
2.8%
41% below avg
Poverty Rate
5.7%
Labor Force Participation
68.1%

🎓 Education

Bachelor's degree+ 37.1%
Graduate degree 25.0%

👥 Demographics

Median Age 38.5
Male median age 36.5
Female median age 40.5

Frequently Asked Questions

What is the cost of living in Manchester, MO?

Manchester has a cost index of 97 (100 = national average). It is 3% below the national average.

What is average rent in Manchester, MO?

The median gross rent in Manchester is $1,248 per month based on 2023 Census data.

What is the average home price in Manchester?

The median home value in Manchester is $298,400 according to Zillow and Census data.

What is the median income in Manchester?

The median household income in Manchester is $92,839 per year (2023 ACS 5-year estimates).

What is the sales tax in Manchester, MO?

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

Is Manchester, MO affordable?

Manchester is near the national average in terms of cost of living, with an index of 97 (100 = US average).

Manchester at a Glance

Population
18,189
Median Income
$92,839
Home Value
$298,400
Median Rent
$1,248/mo
Unemployment
2.8%
Sales Tax
8.4%
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Explore county-level cost of living data

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