Shakertowne, MO vs St. Martins, MO

Shakertowne, MO and St. Martins, MO have a very similar cost of living, with only a 1.1% difference in their overall index. Shakertowne scores 65 while St. Martins scores 65 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 Shakertowne is $677/month compared to $538/month in St. Martins — a 26% difference. Interestingly, home values tell a different story: while St. Martins has cheaper rent, Shakertowne actually has lower median home values ($171,000 vs $225,000).

Median household income in Shakertowne is $51,756 compared to $78,125 in St. Martins (-33.8%). While St. Martins is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Shakertowne spend roughly 15.7% of their income on rent, more than the 8.3% in St. Martins.