Ferguson, MO vs Shrewsbury, MO
There is a significant gap in the cost of living between these two cities. Ferguson is 17.9% cheaper than Shrewsbury. With a cost index of 74 vs 90, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Ferguson to Shrewsbury should plan for substantially higher expenses across most categories.
On the housing front, median rent in Ferguson is $1,066/month compared to $1,143/month in Shrewsbury — a 7% difference. Home values follow the same pattern: Ferguson is more affordable at $99,300 median vs $266,600.
Median household income in Ferguson is $46,106 compared to $84,942 in Shrewsbury (-45.7%). While Shrewsbury is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Ferguson spend roughly 27.7% of their income on rent, more than the 16.1% in Shrewsbury.
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