Cost of Living in Spanish Lake, MO

Population 18,183 · Missouri · Data vintage 2023

57
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 Spanish Lake a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $121,000. Unemployment has stayed elevated relative to the national figure — 6.8% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Geographically, Spanish Lake sits roughly 11 miles north of St. Louis. Median home values run roughly 34% lower than St. Louis' $185,000.

Cost Overview

Housing 40
Rent 82

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

About the Cost of Living in Spanish Lake

The median home value in Spanish Lake is $121,300 — 60% below the national median of $305,000. Median rent runs $1,073/month, 18% lower than the national median of $1,314/month. The median household income of $51,125/year is 31% lower than the US median of $74,580. The local unemployment rate is 6.8%, 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, Spanish Lake has a cost of living index of 57 versus the US average of 100, meaning it is 43% less expensive.

🏠 Housing

Median Home Value
$121,300
60% below avg
Zillow Home Value
$142,907
Zillow ZHVI
Median Rent
$1,073/mo
18% below avg
Zillow Rent
$1,230/mo
Zillow ZORI
Price-to-Rent Ratio
9.4x
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 49.0%
Renter-occupied 51.0%

💰 Estimated Monthly Budget

Rent median rent
$1,073
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,687/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
26.1 min
3% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
10.0%

Commute Mode

Drove alone
72.6%
Carpooled
13.1%
Public transit
0.2%
Walked
3.0%
Work from home
10.0%

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
$51,125
31% below avg
Per Capita Income
$26,925
Unemployment Rate
6.8%
42% above avg
Poverty Rate
17.3%
Labor Force Participation
65.3%

🎓 Education

Bachelor's degree+ 7.3%
Graduate degree 5.9%

👥 Demographics

Median Age 34.5
Male median age 32.7
Female median age 35.7

Frequently Asked Questions

What is the cost of living in Spanish Lake, MO?

Spanish Lake has a cost index of 57 (100 = national average). It is 43% below the national average.

What is average rent in Spanish Lake, MO?

The median gross rent in Spanish Lake is $1,073 per month based on 2023 Census data.

What is the average home price in Spanish Lake?

The median home value in Spanish Lake is $121,300 according to Zillow and Census data.

What is the median income in Spanish Lake?

The median household income in Spanish Lake is $51,125 per year (2023 ACS 5-year estimates).

What is the sales tax in Spanish Lake, MO?

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

Is Spanish Lake, MO affordable?

Yes, Spanish Lake is generally considered affordable, with a cost of living index of 57 — about 43% below the US national average of 100.

Spanish Lake at a Glance

Population
18,183
Median Income
$51,125
Home Value
$121,300
Median Rent
$1,073/mo
Unemployment
6.8%
Sales Tax
8.4%
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🗺️ County data for Missouri

Explore county-level cost of living data

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