Cost of living in O'Fallon
O'Fallon, located in Missouri, is a vibrant city known for its family-friendly atmosphere and growing community. Understanding the cost of living in O'Fallon is crucial for both current residents and those considering a move to the area.
This guide provides a detailed breakdown of various expenses, including housing, transportation, groceries, and more, to help you plan your budget effectively.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $15 on average, with a range between $10.5 and $30.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $47.5, with prices ranging from $30 to $120.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $9.25, with a range between $6 and $12.5.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $2.5 to $6, imported beer $3.5 to $7, cappuccino $3.5 to $5, and Coke/Pepsi $2 to $3.
Grocery Prices
- Milk - Milk is priced between $0.71 and $1.27 per liter, averaging $0.94.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.86 and $4.41, with an average price of $2.91.
- Eggs (Dozen) - A dozen eggs range from $1.6 to $5.04, averaging $3.
- Fruits (e.g., Apples, Oranges) - Apples cost $4.01 to $6.59 per kg, while oranges range from $2.2 to $10 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $0.88 and $7.72 per kg, and lettuce costs $1 to $3 per head.
Transportation
- Public Transport (Monthly Pass) - A monthly pass for local transport costs $217.39.
- Fuel (Gasoline) - Gasoline is priced between $0.71 and $0.89 per liter.
- Taxi Fares - Taxi fares start at $3, with a cost of $1.43 per km and $36 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre is fixed at $1200.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $1000 to $1390, averaging $1195.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre is fixed at $1500.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $1400 to $1500, averaging $1450.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre is $1560.77.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter is $1614.59.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $100 and $300, averaging $125.
- Internet - Internet services range from $60 to $85, with an average cost of $70.
Cost of Living Rankings
The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.
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"Key Takeaways"
O'Fallon offers a relatively affordable cost of living compared to larger metropolitan areas. Housing costs are moderate, with fixed prices for city centre apartments and slightly variable rates outside the centre.
Dining out is reasonably priced, with a variety of options from casual to mid-range restaurants. Grocery prices are competitive, making it easier to manage household expenses.
Transportation costs are manageable, with affordable gasoline prices and taxi fares. However, the cost of a monthly public transport pass is relatively high.
Conclusion
In conclusion, O'Fallon, MO, presents a balanced cost of living that caters to a wide range of budgets. The city offers affordable housing, reasonable dining options, and competitive grocery prices.
While transportation costs can be high for public transport, the overall expenses remain manageable for most residents. O'Fallon is an attractive option for those seeking a suburban lifestyle with access to urban amenities.