CostIndexUSA

Austin, TX vs St. Louis, MO Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

TX
Austin
98.1
overall index
$1,550/mo rent
More AffordableMO
St. Louis
95.1
overall index
$1,400/mo rent

St. Louis is slightly cheaper than Austin — 3.1% lower overall cost of living.

To match an $80,000 salary in Austin, you would need $77,600 in St. Louis. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing34.4%
Austin
120.4
St. Louis
79
🛒 Groceries+6.6%
Austin
93.8
St. Louis
100
🚗 Transportation+2.5%
Austin
101.1
St. Louis
103.6
🏥 Healthcare+2.5%
Austin
91.4
St. Louis
93.7
Utilities14.8%
Austin
82
St. Louis
69.9

Salary Equivalency Calculator

Enter your current salary in Austin to see what you'd need to earn in St. Louis to maintain the same purchasing power.

$
Equivalent salary in St. Louis, MO
$77,600
$2,400 less needed in St. Louis

Formula: salary × (95.1 ÷ 98.1) = salary × 0.9694. Based on BEA Regional Price Parities.

Housing Market

Austin, TX

Median Home Price
$420,000
Median Monthly Rent
$1,550
Housing Index
120.4
Price-to-Rent Ratio
22.6×

St. Louis, MO

Median Home Price
$262,000
Median Monthly Rent
$1,400
Housing Index
79
Price-to-Rent Ratio
15.6×

Austin has 34.4% lower housing costs compared to St. Louis.

Income & Job Market

Austin, TX

Median Household Income
$98,500
Per Capita Income
$56,100
Unemployment Rate
3.9%
Population
978,908
Top Industries
TechnologyGovernmentHealthcareEducationEntertainment

St. Louis, MO

Median Household Income
$78,200
Per Capita Income
$44,600
Unemployment Rate
3.6%
Population
319,294
Top Industries
HealthcareFinanceManufacturingTechnologyEducation

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Austin, TX
5.3×income-to-rent ratio

81% of income left after rent (median)

St. Louis, MO
4.7×income-to-rent ratio

79% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.