St. Charles, MO vs St. Peters, MO

St. Charles, MO and St. Peters, MO have a very similar cost of living, with only a 1% difference in their overall index. St. Charles scores 92 while St. Peters scores 93 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 St. Charles is $1,186/month compared to $1,291/month in St. Peters — a 8% difference. Interestingly, home values tell a different story: while St. Charles has cheaper rent, St. Peters actually has lower median home values ($252,800 vs $280,800).

Median household income in St. Charles is $85,522 compared to $89,827 in St. Peters (-4.8%). While St. Peters is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of St. Charles spend roughly 16.6% of their income on rent, less than the 17.2% in St. Peters.