Saint Louis City County · Missouri · Midwest · 289k residents
St. Louis, MO: economy, jobs & business costs
The site-selection read on St. Louis: labor costs, talent, corporate tax, energy, and business activity, with the Missouri median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: Curated city row; coverage varies by fact.
Average weekly wages in the surrounding labor market run $1,590/wk. Missouri's corporate income tax rate is 4%. Commercial electricity averages 10.3¢/kWh.
Compare St. Louis side by side
Avg. weekly wage
$1,590/wk
Corporate income tax
4%
Bachelor's degree or higher
41.1%
Commercial electricity
10.3¢/kWh
Economic momentum
How fast St. Louis's economy is moving, ranked against the US cities we track.
35/100
Steady
Ranks St. Louis's residential building-permit and jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| Median home value | $190,000 |
| Price per sq. ft. | $135 |
| Property tax rate | 1.2% |
| 1-bedroom rent | $1,100/mo |
| 2-bedroom rent | $1,350/mo |
| State & local income tax | 3.95% |
| Sales tax | 9.7% |
| Corporate income tax | 4% |
| Avg. weekly wage | $1,590/wk |
| Bachelor's degree or higher | 41.1% |
| Commercial electricity | 10.3¢/kWh |
| Businesses per 1k residents | 57.0/1k |
| Wage: Software developer | $126,120 |
| Wage: Registered nurse | $81,780 |
| Wage: General manager | $79,300 |
| Wage: Customer service | $44,190 |
| Wage: Warehouse worker | $36,710 |
| Wage: Heavy truck driver | $54,550 |
| Wage: Electrician | $65,410 |
| Wage: Retail salesperson | $33,460 |
| Cost of living index | 88 |
| Groceries index | 95 |
| Utilities | $170/mo |
| Transit pass | $78/mo |
| Gas price | $2.85/gal |
| Healthcare index | 96 |
| Childcare (per child) | $1,150/mo |
| Median household income | $55,000 |
| Unemployment rate | 3.9% |
| Population | 289k |
| Crime index | 66/100 |
| School rating | 5.0/10 |
| Walkability | 66/100 |
| Disaster risk | 99/100 |
| Avg. commute | 23 min |
| Sunny days / year | 202 days |
| July high | 90°F |
| January low | 25°F |
| Annual snowfall | — |
| Home price YoY | — |
| Home price MoM | — |
| Rent YoY | — |
| Rent MoM | — |
| Employment (jobs) YoY | -0.4% |
| Building permits YoY | -7.5% |
| Ocean coast | 575 mi |
| Big lake | 141 mi |
| Mountains | 79 mi |
| Major airport | 13 mi |
| Ski resort | 26 mi |
Popular comparisons
Nearby
- Clayton, MO · 17k
- University City, MO · 35k
- Lemay, MO · 16k
- Affton, MO · 19k
- Webster Groves, MO · 24k
Similar size
- Springfield, MO · 170k
- Columbia, MO · 129k
- Independence, MO · 122k
- Lee's Summit, MO · 104k
- O'Fallon, MO · 94k
Real listings in St. Louis
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is St. Louis a good place to run a business?
- Missouri's corporate income tax rate is 4%; average weekly wages in the surrounding labor market run $1,590/wk; commercial electricity averages 10.3¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in St. Louis, MO?
- St. Louis indexes at 88 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,350/mo and a median home value of $190,000.
- How much does a house cost in St. Louis?
- The median home value in St. Louis is $190,000 (compiled estimate; individual listings vary).
- How much is rent in St. Louis?
- A two-bedroom in St. Louis rents for about $1,350/mo.