Cost of Living in Castle Point, MO
Population: 2,792 | Missouri
Castle Point is 28% less expensive than the national average.
Cost of Living in Castle Point, MO: What You Need to Know
With a cost of living index of 72, Castle Point, MO is one of the most affordable cities in the country. Living here is 28% cheaper than the national average and in line with the Missouri state average. Castle Point is a small community of 2,792 residents.
Housing costs are the biggest factor in Castle Point's cost of living. The median monthly rent is $1,129 (14% below the US median of $1,319), and the median home value sits at $57,300 (81% below the national median of $304,900). At current prices, the median home costs roughly 1.7x the median household income — well within traditional affordability guidelines.
The median household income in Castle Point is $34,679, which is 54% lower than the national median of $75,149. Residents spend roughly 39% of household income on rent. This exceeds the recommended 30% threshold, meaning many renters here are cost-burdened. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
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.
Income
- Median Household Income
- $34,679
- vs US Median ($75,149)
- -54%
Housing
- Median Rent
- $1,129/mo
- Median Home Value
- $57,300
- Median Monthly Housing Cost
- $782/mo
Everyday Prices in Castle Point
BLS Average Prices for the St. Louis, MO-IL (Metropolitan Statistical Area) area