Cost of Living in Oakville, MO

Population 35,166 · Missouri · Data vintage 2023

Cost Index
(100 = US avg)

Page updated: April 2026 · Data vintage: 2023 ACS 5-Year

Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Most of Oakville's cost indicators track within a reasonable band of national figures, with median household incomes near $103,125 — a more representative starting point for relocation math than the headline-expensive or headline-cheap cities on either tail.

Located 13 miles south of St. Louis, Oakville falls within that metro's commuting orbit. Median home values run roughly 58% higher than St. Louis' $185,000.

Cost Overview

Housing 96

Rent 82

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

About the Cost of Living in Oakville

The median home value in Oakville is $292,500 — 4% below the national median of $305,000. Median rent runs $1,083/month, 18% lower than the national median of $1,314/month. The median household income of $103,125/year is 38% higher than the US median of $74,580. The local unemployment rate is 3.6%, 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, Oakville has a cost of living index of 91 versus the US average of 100, meaning it is 9% less expensive.

🏠 Housing

Median Home Value

$292,500

4% below avg

Zillow Home Value

$353,257

Zillow ZHVI

Median Rent

$1,083/mo

18% below avg

Price-to-Rent Ratio

22.5x

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 86.5%

Renter-occupied 13.5%

💰 Estimated Monthly Budget

Rent median rent

$1,083

Groceries national estimate

$400

Utilities local estimate

$88

Transportation local gas prices

$126

Estimated Total $1,697/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

30.7 min

14% above avg

Gas Price

$3.145/gal

0% below avg

Work From Home

16.8%

Commute Mode

Drove alone

78.1%

Carpooled

3.9%

Public transit

0.2%

Walked

0.4%

Bicycle

0.1%

Work from home

16.8%

⚡ 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

$103,125

38% above avg

Per Capita Income

$50,963

Unemployment Rate

3.6%

26% below avg

Poverty Rate

5.6%

Labor Force Participation

65.0%

🎓 Education

Bachelor's degree+ 27.5%

Graduate degree 16.4%

👥 Demographics

Median Age 45.7

Male median age 44.3

Female median age 47.7

Frequently Asked Questions

What is the cost of living in Oakville, MO?

Oakville has a cost index of 91 (100 = national average). It is 9% below the national average.

What is average rent in Oakville, MO?

The median gross rent in Oakville is $1,083 per month based on 2023 Census data.

What is the average home price in Oakville?

The median home value in Oakville is $292,500 according to Zillow and Census data.

What is the median income in Oakville?

The median household income in Oakville is $103,125 per year (2023 ACS 5-year estimates).

What is the sales tax in Oakville, MO?

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

Is Oakville, MO affordable?

Oakville is near the national average in terms of cost of living, with an index of 91 (100 = US average).

Oakville at a Glance

Population: 35,166
Median Income: $103,125
Home Value: $292,500
Median Rent: $1,083/mo
Unemployment: 3.6%
Sales Tax: 8.4%

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