D-
13%
Overall NAT. AVG.
9%
Goods & Services NAT. AVG.
56%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Dardenne Prairie Missouri National
Cost of living11388100
Goods & Services9292100
Groceries9795100
Health care8990100
Housing15678100
Transportation9491100
Utilities10299100

An Overview of Cost of Living in Dardenne Prairie, MO

The cost of living in Dardenne Prairie affects the quality of life one can afford in this new location. It allows people to assess whether they can maintain their preferred lifestyle, including housing, leisure activities and dining options. Your total monthly expenditures can varry depending on the area, as well as many other factors. The cost of living in Dardenne Prairie is 113, which is 13% higher than the national average. Knowledge of the cost of living can help individuals make informed decisions about retirement savings, investments, and financial goals.

Housing costs are a very significant part of the Dardenne Prairie cost of living index and generally encompass a large percentage of take-home income. Unfortunately, in this area, the housing costs for both homes and rentals were 56.5% more than the average city. This includes things like home and rent prices, mortgage rates and insurance.

Is Dardenne Prairie Affordable?

Is Dardenne Prairie affordable? It's a key consideration when pondering a move, as affordability often shapes your choices. The cost of living index (we discussed it earlier), coupled with housing costs and income levels, serves as the cornerstone for determining a location's affordability. Take Dardenne Prairie, for instance, where the median home price falls 71.8% higher than the national average, and monthly rent rates are 20.7% higher than usual. Additionally, median income levels contribute to the equation, with Dardenne Prairie flaunting a median household income of $134,267, 142.7% higher than the national norm.

What Factors can Influence the Cost of Living in Dardenne Prairie?

Groceries: Grocery expenditures have undergone notable escalation over the last 2-3 years. In some markets, the cost of food products has surged by more than 20%, while others have experienced only modest increments. These fluctuations in food costs can have a significant impact on the overall cost of living in any region. In Dardenne Prairie, the groceries index registers 3.1% lower than the national average.

Healthcare: Healthcare costs and insurance premiums can undergo substantial fluctuations based on the city or state of residence. Elements such as the availability of healthcare facilities, out-of-pocket costs for medical consultations, dental expenses, prescription medication charges and specialized medical care fees all contribute to variations in the cost of living. In Dardenne Prairie, healthcare costs are 11.3% lower than the national average.

Transportation: In areas where public transportation is scarce or unavailable, residents often find themselves compelled to own and upkeep vehicles, thereby increasing the overall cost of living. Monthly expenses encompass fuel, insurance, routine maintenance and potentially lease or financing payments. In Dardenne Prairie, the transportation index is 6.5% lower than the national average.

Where is the Data From?

The cost of living data in Dardenne Prairie displayed above is sourced from the C2ER cost of living index, which serves as a practical tool for comparing living expenses across urban areas. Published on a quarterly basis, this index aggregates data from over 300 independent researchers, encompassing more than 60 goods and services, in 6 different categories. The weightings assigned to cost differences rely on government survey data that tracks the spending habits of professional and executive households. It's worth noting that the C2ER index excludes data on sales or income tax rates, while AreaVibes integrates tax rates into the overall cost of living evaluation for each region.

New Real Estate Listings in Dardenne Prairie Area
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Cost Of Living Quick Facts

  • The cost of living in Dardenne Prairie is 28% higher than the Missouri average
  • The cost of living in Dardenne Prairie is 13% higher than the national average
  • Dardenne Prairie housing is 56% higher than the national average
  • Missouri general sales tax is 17% lower than the national average
  • Missouri state income tax is 23% lower than the national average

Most Affordable Places to Live in and Around Dardenne Prairie

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Compare Dardenne Prairie, MO Cost of Living

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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$138,846$11,571$3,240$4,166
      Renters$0$0$0$0
      The affordability of the housing market in Dardenne Prairie, MO as well as the overall cost of living can be predicted by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should be spent on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Dardenne Prairie homeowners, the median income is $138,846. This indicates that a monthly maximum of $3,240 should be spent by homeowners on all housing related costs. Renters have a median income of $0. This indicates that renters would have a maximum of $0 for their rent related monthly costs.

      Missouri Sales Tax

      State General Sales Tax With Max Surtax
      Missouri 4.225% 10.85%

      Missouri Income Tax

      State Income Tax (Low) Income Tax (High)
      Missouri 2% 4.95%

      Goods & Services

      Item Dardenne Prairie National avg. Difference
      Haircut $21.19$24.2612.7%
      Beauty Salon $40.57$45.5611.0%
      Toothpaste $3.75$3.701.3%
      Shampoo $1.11$1.2813.3%
      Movie $11.28$12.137.1%
      Bowling $16.92$18.006.0%

      Groceries

      Item Dardenne Prairie National avg. Difference
      Ground Beef $6.40$5.849.7%
      Fried Chicken $1.36$1.5713.3%
      Milk $4.50$4.673.7%
      Potatoes $5.28$4.936.9%
      Pizza $10.84$12.0910.3%
      Beer $9.47$10.419.1%

      Health Care

      Item Dardenne Prairie National avg. Difference
      Optometrist $125.72$125.680.0%
      Doctor $124.51$135.788.3%
      Dentist $100.78$113.2911.0%
      Ibuprofen $10.14$10.654.8%
      Lipitor $520.16$468.6011.0%

      Housing

      Item Dardenne Prairie National avg. Difference
      Home Price $317,400.00$184,700.0071.8%
      Avg. Mortgage Payment $1,737.43$2,346.6926.0%
      Apartment Rent $1,145.00$949.0020.7%

      Transportation

      Item Dardenne Prairie National avg. Difference
      Gasoline $3.20$3.467.6%
      Tire Balancing $50.00$59.9216.6%

      Utilities

      Item Dardenne Prairie National avg. Difference
      All Electricity $133.84$193.9931.0%
      Phone $188.69$192.251.9%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Champ, MO3945.9%
      Defiance, MO68945.9%
      Three Creeks, MO4945.9%
      Fountain N' Lakes, MO2328019.6%
      Brussels, IL1138119.5%
      Dardenne Prairie, MO13,38511312.8%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      New Providence, NJ13,38215958.7%
      Lone Tree, CO13,38116464.2%
      Richton Park, IL13,381982.2%
      La Grande, OR13,380981.7%
      Moss Point, MS13,3968614.0%
      Dardenne Prairie, MO13,38511312.8%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.