Cost Of Living in Fenton, MO

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Fenton	Missouri	National
Cost of living	111	88	100
Goods & Services	92	92	100
Groceries	97	95	100
Health care	89	90	100
Housing	150	78	100
Transportation	94	91	100
Utilities	102	99	100

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Cost Of Living Quick Facts

The cost of living in Fenton is 26% higher than the Missouri average
The cost of living in Fenton is 11% higher than the national average
Fenton housing is 50% higher than the national average
Missouri general sales tax is 17% lower than the national average
Missouri state income tax is 23% lower than the national average

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$99,375	$8,281	$2,319	$2,982
Renters	$48,125	$4,010	$1,123	$1,444

The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Fenton, MO, as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Fenton homeowners, is $99,375. This would allow for a maximum of $2,319 per month to be spent on housing costs. For renters, the median monthly income is $48,125 which would result in a maximum of $1,123 to be spent on rental costs.

Missouri Sales Tax

State	General Sales Tax	With Max Surtax
Missouri	4.225%	10.85%

Missouri Income Tax

State	Income Tax (Low)	Income Tax (High)
Missouri	2%	4.95%

Goods & Services

Item	Fenton	National avg.	Difference
Haircut	$21.19	$24.26	12.7%
Beauty Salon	$40.57	$45.56	11.0%
Toothpaste	$3.75	$3.70	1.3%
Shampoo	$1.11	$1.28	13.3%
Movie	$11.28	$12.13	7.1%
Bowling	$16.92	$18.00	6.0%

Groceries

Item	Fenton	National avg.	Difference
Ground Beef	$6.40	$5.84	9.7%
Fried Chicken	$1.36	$1.57	13.3%
Milk	$4.50	$4.67	3.7%
Potatoes	$5.28	$4.93	6.9%
Pizza	$10.84	$12.09	10.3%
Beer	$9.47	$10.41	9.1%

Health Care

Item	Fenton	National avg.	Difference
Optometrist	$125.72	$125.68	0.0%
Doctor	$124.51	$135.78	8.3%
Dentist	$100.78	$113.29	11.0%
Ibuprofen	$10.14	$10.65	4.8%
Lipitor	$520.16	$468.60	11.0%

Housing

Item	Fenton	National avg.	Difference
Home Price	$292,600.00	$184,700.00	58.4%
Avg. Mortgage Payment	$1,737.43	$2,346.69	26.0%
Apartment Rent	$1,244.00	$949.00	31.1%

Transportation

Item	Fenton	National avg.	Difference
Gasoline	$3.20	$3.46	7.6%
Tire Balancing	$50.00	$59.92	16.6%

Utilities

Item	Fenton	National avg.	Difference
All Electricity	$133.84	$193.99	31.0%
Phone	$188.69	$192.25	1.9%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Champ, MO	3	94	5.9%
Peaceful Village, MO	92	67	32.5%
East Carondelet, IL	317	77	23.2%
Kinloch, MO	337	78	22.4%
Riverview, MO	2,848	79	20.9%
Fenton, MO	4,033	111	10.9%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Palmer Heights, PA	4,033	109	9.0%
Paintsville, KY	4,032	91	9.1%
Herricks, NY	4,032	190	90.4%
Fremont, MI	4,030	86	14.5%
Franklin, NC	4,030	95	5.1%
Fenton, MO	4,033	111	10.9%

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

Cost of Living in Fenton, MO