Chesterfield, MO vs Lake St. Louis, MO

Chesterfield, MO and Lake St. Louis, MO have a very similar cost of living, with only a 4.5% difference in their overall index. Chesterfield scores 118 while Lake St. Louis scores 113 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Chesterfield is $1,553/month compared to $1,608/month in Lake St. Louis — a 3% difference. Interestingly, home values tell a different story: while Chesterfield has cheaper rent, Lake St. Louis actually has lower median home values ($375,300 vs $458,000).

Median household income in Chesterfield is $133,380 compared to $123,427 in Lake St. Louis (+8.1%). While Chesterfield is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Chesterfield spend roughly 14% of their income on rent, less than the 15.6% in Lake St. Louis.