Cost of Living in Augusta, MO

With a cost of living index of 102, Augusta, MO is somewhat more expensive than average. Living here is 2% more expensive than the national average and 28% above the Missouri state average of 75. Augusta is a small community of 274 residents.

Housing costs are the biggest factor in Augusta's cost of living. The median monthly rent is $1,357 (3% above the US median of $1,319), and the median home value sits at $340,600 (12% above the national median of $304,900). At current prices, the median home costs roughly 3.4x the median household income — a moderately affordable ratio by today's standards.

The median household income in Augusta is $100,250, which is 33% higher than the national median of $75,149. Residents spend roughly 16% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Everyday prices in the St. Louis, MO-IL (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.