salaryRent is higher than in 65% of U.S. cities. Household incomes are higher than in 88% of U.S. cities. A typical house costs about 3.3 years of household income. Most homes (77.6%) are owned, so rentals can be hard to find. It is a highly educated city: 72.5% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $77,160 a year. That is $37 an hour at a full-time job.
Is rent cheaper than other Missouri cities?
No. Rent here is more expensive than in most of Missouri. It is number 129 of 142 cities from cheapest to most expensive.
How much do households earn in Chesterfield?
Share of households by yearly income. 53.1% of households earn $100,000 or more.
Rent by apartment size in Chesterfield
| Size | Chesterfield | U.S. average |
|---|---|---|
| Studio | $1,670 | $1,338 |
| 1 bedroom | $1,529 | $1,324 |
| 2 bedrooms | $1,915 | $1,509 |
| 3 bedrooms | $2,018 | $1,698 |
| 4 bedrooms | $2,488 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Chesterfield overall?
Everyday prices in Missouri overall are 9% below the U.S. average (index 90.8, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Chesterfield, so the Missouri figure is shown.
Taxes and bills in Chesterfield
Life in Chesterfield
Is it cheaper to rent or buy in Chesterfield?
Renting is cheaper right now: about $1,349 a month less.
Owning assumes a typical $472,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $47,250 for the down payment.
Frequently asked questions
What is the average rent in Chesterfield, MO?
Renting in Chesterfield costs a median of about $1,929 a month in 2026, including utilities. The Missouri median is $1,285.
How much do I need to make to live in Chesterfield?
To keep rent under 30% of income, you need about $77,160 a year, or $37 an hour at a full-time job.
Is Chesterfield cheap or expensive?
Chesterfield is rated Cheap: rent takes 16.1% of the typical household income of $143,480. It ranks 129th cheapest of 142 Missouri cities we track.
How much are property taxes in Chesterfield?
The median homeowner in Chesterfield pays $5,449 a year in property taxes, about 1.15% of the median home value.
Is Chesterfield more expensive than the national average?
Overall prices in Missouri are 9% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Chesterfield?
The median home value in Chesterfield is $472,500, about 3.3 times the typical yearly household income.
49,574 people live in Chesterfield. Numbers are typical (middle) values.