Berkeley, MO Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Berkeley, MO Summary

Cost of living in Berkeley research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Berkeley is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Missouri, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

  • The cost of living index in Berkeley is 81, with 100 being the average.

  • The cost of living index in Berkeley is 0.8x lower than the national average.

  • Berkeley ranks as the #9 cheapest in Missouri out of 143.

  • Berkeley ranks as the #290 cheapest out of 6,412 in the US.

  • The median home value in Berkeley is $66,000.

  • The median income in Berkeley is $36,050.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
81
Berkeley's Overall Cost Of Living
0.8x
Lower Than The National Average

What is the cost of living in Berkeley, MO?

According to the most recent data on the cost of living, Berkeley has an overall cost of living index of 81, which is 0.8x lower than the national index of 100.

Compared to Missouri, Berkeley has a cost of living index that's 0.9x lower than Missouri's index of 89.

The standard of living in Berkeley ranks as #9 most affordable out of the 143 places we measured in Missouri. By definition, that implies Berkeley ranks as the #134 most expensive place in the Show Me State.

For more reading on life in Berkeley, check out:

9 out of 143
In Missouri
290 out of 6,412
In America

Berkeley Cost Of Living Vs. Missouri

Six factors go into calculating the cost of living index in Berkeley. Here is how it fairs on each of the criteria:

  • The Services index in Berkeley is 95.

  • The Groceries index in Berkeley is 103.

  • The Health index in Berkeley is 87.

  • The Housing index in Berkeley is 54.

  • The Transportation index in Berkeley is 92.

  • The Utilities index in Berkeley is 96.

Living Expense Berkeley Missouri National Average
Overall 81 89 100
Services 95 92 100
Groceries 103 96 100
Health 87 88 100
Housing 54 79 100
Transportation 92 95 100
Utilities 96 95 100
For more reading on cost of living around Missouri, check out:
Berkeley Cost of Living Vs. MO

Berkeley, MO Housing Cost Breakdown

Housing swings affordability the most between places in Missouri, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:

  • The Median Home Value in Berkeley is $66,000.

  • The Median Rent in Berkeley is $990.

  • The Median Income in Berkeley is $36,050.

  • The Home Value To Income in Berkeley is 1.8x.

  • The Rent To Monthly Income in Berkeley is 0.33x.

Statistic Berkeley Missouri United States
Median Home Value $66,000 $171,800 $244,900
Median Rent $990 $886 $1,163
Median Income $36,050 $61,043 $69,021
Home Value To Income 1.8x 2.8x 3.5x
Rent To Monthly Income 0.33x 0.17x 0.2x
Search Homes For Sale In Berkeley, MO
$66,000
Median Home Value
$990
Median Rent
$36,050
Median Income

Berkeley, MO Costs By Category

Detailed Berkeley Services Costs Vs. Missouri

Item Berkeley Missouri
Shampoo $1.1 $1.06
Movie $9.81 $10.68
Bowling $15.64 $14.67
Haircut $17.58 $18.62
Beauty Salon $38.54 $39.05

Detailed Berkeley Groceries Costs Vs. Missouri

Item Berkeley Missouri
Ground Beef $4.13 $4.22
Fried Chicken $1.67 $1.39
Milk $1.86 $2.05
Potatoes $2.98 $3.29
Pizza $9.9 $10.62
Beer $9.38 $9.38
Toothpaste $2.36 $2.34

Detailed Berkeley Health Costs Vs. Missouri

Item Berkeley Missouri
Optometrist $76.71 $108.57
Doctor $75.53 $116.17
Dentist $98.39 $99.13

Detailed Berkeley Transportation Costs Vs. Missouri

Item Berkeley Missouri
Gasoline $2.03 $2.22
Tire Balancing $41.83 $50.07

Detailed Berkeley Utilities Costs Vs. Missouri

Item Berkeley Missouri
All Electricity $149.35 $167.67
Phone $193.9 $175.64

Berkeley SnackAbility

5
/10
Overall SnackAbility
Jobs
4/10
Housing
6
Affordability
7
Diversity
6
Safety
N/A
Amenities
8.5
Education
5
Commute
7

Cost Of Living In Cities Around Berkeley

The cost of living varies in the cities and towns around Berkeley. Here's a quick look at the cost of living in the most populous nearby places:

  • Chesterfield, MO has a cost of living index of 117, 1.4x Berkeley.

  • Ballwin, MO has a cost of living index of 103, 1.3x Berkeley.

  • Edwardsville, IL has a cost of living index of 98, 1.2x Berkeley.

City Population Cost Of Living Vs. Berkeley
Chesterfield, MO 49,675 117 1.4x
Ballwin, MO 30,998 103 1.3x
Edwardsville, IL 25,236 98 1.2x
Collinsville, IL 24,627 90 1.1x
Ferguson, MO 18,826 82 1.0x
Godfrey, IL 17,812 90 1.1x
Glen Carbon, IL 13,532 97 1.2x
Wood River, IL 10,325 82 1.0x
Bethalto, IL 9,414 86 1.1x
Maryville, IL 8,115 98 1.2x

Articles About Missouri

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