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Crunching costs, sorting signals, rendering insights.
Crunching costs, sorting signals, rendering insights.
Moving to St Louis is a financial step down — higher costs without proportional income gain.
St Louis has a cost index of 89 vs 98 for Arlington. St Louis is 9 points cheaper overall. Monthly rent goes from $1,462 to $1,326 (-9%).
If you earn the Arlington median of $73,519, you would need approximately $66,767/year in St Louis to maintain equivalent purchasing power, based on the cost index difference of 9 points (9%).
Median rent in Arlington is $1,462/month. In St Louis it is $1,326/month — a difference of $136 per month, or $1,632 per year.
Moving to St Louis is a financial step down — higher costs without proportional income gain. The salary equivalent to maintain your current lifestyle is $66,767/year in St Louis. The median income there is $55,279.
Estimated monthly essentials total $3,327 in Arlington vs $3,046 in St Louis — a difference of $281/month ($3,372/year).
The median home price in St Louis is $179,917 vs $307,792 in Arlington. With 20% down and a 6.5% rate, the estimated monthly mortgage payment is $910 in St Louis vs $1,556 in Arlington.