Edgemont Park, MI vs St. Louis, MI

Edgemont Park, MI and St. Louis, MI have a very similar cost of living, with only a 2.8% difference in their overall index. Edgemont Park scores 69 while St. Louis scores 67 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 Edgemont Park is $776/month compared to $865/month in St. Louis — a 10% difference. Interestingly, home values tell a different story: while Edgemont Park has cheaper rent, St. Louis actually has lower median home values ($115,700 vs $161,800).

Median household income in Edgemont Park is $62,120 compared to $46,096 in St. Louis (+34.8%). While Edgemont Park is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Edgemont Park spend roughly 15% of their income on rent, less than the 22.5% in St. Louis.