Cost of Living in Shrewsbury, MO
Population 6,328 · Missouri · Data vintage 2023
(100 = US avg)
Shrewsbury sits on the smaller end of the Missouri city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. The labor market has been unusually tight, with unemployment around 1.8% — below most comparable cities in the state.
Shrewsbury sits roughly 6 miles southwest of St. Louis — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 44% higher than St. Louis' $185,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Shrewsbury
The median home value in Shrewsbury is $266,600 — 13% below the national median of $305,000. Median rent runs $1,143/month, 13% lower than the national median of $1,314/month. The median household income of $84,942/year is 14% higher than the US median of $74,580. The local unemployment rate is 1.8%, 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, Shrewsbury has a cost of living index of 87 versus the US average of 100, meaning it is 13% less expensive.
Shrewsbury has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
Frequently Asked Questions
What is the cost of living in Shrewsbury, MO?
Shrewsbury has a cost index of 87 (100 = national average). It is 13% below the national average.
What is average rent in Shrewsbury, MO?
The median gross rent in Shrewsbury is $1,143 per month based on 2023 Census data.
What is the average home price in Shrewsbury?
The median home value in Shrewsbury is $266,600 according to Zillow and Census data.
What is the median income in Shrewsbury?
The median household income in Shrewsbury is $84,942 per year (2023 ACS 5-year estimates).
What is the sales tax in Shrewsbury, MO?
The combined state and local sales tax rate in Shrewsbury is 8.4%. The Missouri state income tax top rate is 5.0%.
Is Shrewsbury, MO affordable?
Yes, Shrewsbury is generally considered affordable, with a cost of living index of 87 — about 13% below the US national average of 100.
Shrewsbury at a Glance
- Population
- 6,328
- Median Income
- $84,942
- Home Value
- $266,600
- Median Rent
- $1,143/mo
- Unemployment
- 1.8%
- Sales Tax
- 8.4%
Nearby Cities
Explore county-level cost of living data
Missouri Rankings
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