Can You Afford Rent in St. Louis on $100,000/Year?
On $100,000 in St. Louis, MO, your take-home pay is $6,184/month after taxes. Using the 30% rule, you can afford up to $1,855/month in rent.
$
Your take-home: $6,184/month
Max affordable rent: $1,855/month
Based on 30% of take-home pay (after taxes)
| Size | Avg Rent | % Income | Verdict |
|---|---|---|---|
| Studio | $772 | 12.5% | Comfy |
| 1-Bedroom | $990 | 16% | Comfy |
| 2-Bedroom | $1,330 | 21.5% | Comfy |
| 3-Bedroom | $1,544 | 25% | Comfy |
After paying rent on a 1-BR ($990), you’d have $5,194/month left for everything else.
Rent Affordability Breakdown
| Size | Avg Rent | % Income | Verdict | Left Over |
|---|---|---|---|---|
| Studio | $772 | 12.5% | Comfy | $5,412/mo |
| 1-Bedroom | $990 | 16% | Comfy | $5,194/mo |
| 2-Bedroom | $1,330 | 21.5% | Comfy | $4,854/mo |
| 3-Bedroom | $1,544 | 25% | Comfy | $4,640/mo |
What Salary Do You Need?
To comfortably afford rent in St. Louis at the 30% threshold:
| Size | Avg Rent | Salary Needed | Hourly Equiv |
|---|---|---|---|
| Studio | $772 | $38,000 | $18/hr |
| 1-Bedroom | $990 | $50,000 | $24/hr |
| 2-Bedroom | $1,330 | $68,000 | $33/hr |
| 3-Bedroom | $1,544 | $82,000 | $39/hr |
How St. Louis Compares
On $100,000, here’s what you can afford in other cities:
| City | 1BR Rent | % Income | Verdict |
|---|---|---|---|
| El Paso, TX | $950 | 14.5% | Comfy |
| Memphis, TN | $950 | 14.5% | Comfy |
| San Antonio, TX | $979 | 14.9% | Comfy |
| Oklahoma City, OK | $940 | 15.2% | Comfy |
| Tucson, AZ | $1,000 | 15.7% | Comfy |