Salary & Cost of Living in Chesterfield, MO
Chesterfield, MO: $42,742 median salary, cost of living index 86.8, $12.30/hr minimum wage. Calculate your take-home pay with our free paycheck calculator.
Median Salary
$42,742
$21/hr
Cost of Living
86.8
US avg = 100
Minimum Wage
$12.30
per hour
Unemployment
3.7%
rate
Chesterfield, MO Overview
Population
47,484
Median Salary
$42,742
Average Salary
$47,871
Avg Commute
17 min
Median Home Price
$174,000
Median Rent
$720/mo
Job Growth
+2.1%
Sales Tax
4.225%
Chesterfield is located in Missouri with a population of 47,484. The median household salary is $42,742 per year ($21/hour), which is $16,642 below the national median of $59,384. The average commute time is 17 minutes, and the city has a job growth rate of +2.1%.
Chesterfield Salary by Experience Level (2026)
Wage distribution in Chesterfield, MO based on BLS percentile breakdown of the $42,742 median salary. Entry-level represents 10th–25th percentile; mid-level is the median; senior-level represents 75th–90th percentile.
| Experience Level | Annual Salary | Hourly Wage | Years Exp |
|---|---|---|---|
| Entry-Level | $26,500 | $12.74/hr | 0–2 years |
| Mid-Level (Median) | $42,742 | $20.55/hr | 3–7 years |
| Senior-Level | $60,694 | $29.18/hr | 8–15 years |
| Top 10% (90th Percentile) | $76,081 | $36.58/hr | 15+ years / leadership |
Percentile multipliers (62%, 100%, 142%, 178%) derived from 2024 BLS Occupational Employment and Wage Statistics distribution across all occupations in metro areas. Specific roles vary; see jobs by city for role-specific data.
Chesterfield Paycheck Calculator
Enter your annual salary to see your estimated take-home pay in Chesterfield, MO, after federal, state, and local taxes.
Estimated Annual Take-Home Pay
$33,826
$2,818.81/month · $1,300.99/biweekly · Effective Rate: 20.9%
Gross Pay
$42,742
Federal Tax
-$3,091
State Tax
-$2,116
Local Tax
-$440
FICA
-$3,270
Net Pay
$33,826
Pay Breakdown
| Item | Monthly | Annual |
|---|---|---|
| Gross Salary | $3,561.83 | $42,742.00 |
| Federal Income Tax | -$257.55 | -$3,090.54 |
| Missouri State Tax (4.95%) | -$176.31 | -$2,115.73 |
| Local Tax (1.03%) | -$36.69 | -$440.24 |
| Social Security (6.2%) | -$220.83 | -$2,650.00 |
| Medicare (1.45%) | -$51.65 | -$619.76 |
| Net Take-Home Pay | $2,818.81 | $33,825.73 |
Salary Comparison: Chesterfield vs Other Cities
See how Chesterfield's median salary and cost of living compare to the national average and similar cities.
| City | Median Salary | COL Index | Adj. Salary |
|---|---|---|---|
| Chesterfield, MO | $42,742 | 86.8 | $49,242 |
| National Average | $59,384 | 100 | $59,384 |
| Greenacres, FL | $42,732 | 93.4 | $45,752 |
| Valparaiso, IN | $42,721 | 79.5 | $53,737 |
| Haines City, FL | $42,717 | 97.4 | $43,857 |
| Hopkinsville, KY | $42,715 | 83.4 | $51,217 |
Adjusted salary reflects purchasing power when cost of living is factored in. A higher adjusted salary means your money goes further.
Cost of Living in Chesterfield
Chesterfield's cost of living index is 86.8 (national average = 100). Living in Chesterfield is 13.200000000000003% less expensive than the national average.
Median Home Price
$174,000
Median Monthly Rent
$720
Annual Rent Cost
$8,640
Your Salary's Purchasing Power
Your $33,826 annual take-home pay in Chesterfield has the purchasing power of approximately $38,970 in an average-cost US area. Your $42,742 salary stretches further here than in most US cities.
Top Industries in Chesterfield
Chesterfield's economy is driven by these key industries. Workers in top industries often earn significantly above the median salary of $42,742.
Salary Tips for Chesterfield Workers
- Your salary goes further here. Chesterfield has a cost of living 13.200000000000003% below the national average. A salary of $42,742 here has the purchasing power of about $49,242 in an average-cost area.
- Research top industries. Chesterfield's top industries include Healthcare, Manufacturing, Agriculture. Targeting roles in these sectors can help you earn above the $42,742 median salary.
- Review your W-4 withholding. If you regularly receive large tax refunds, adjust your W-4 to increase your per-paycheck take-home pay instead of giving the government an interest-free loan.
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Frequently Asked Questions
What is the median salary in Chesterfield, MO?
The median salary in Chesterfield, MO is $42,742 per year, or $21 per hour. The average salary is $47,871. This is $16,642 below the national median of $59,384.
What is the cost of living in Chesterfield, MO?
Chesterfield's cost of living index is 86.8 (national average = 100), meaning it is 13.200000000000003% less expensive compared to the national average. The median home price is $174,000 and the median monthly rent is $720.
What are the best industries in Chesterfield?
The top industries in Chesterfield, MO include Healthcare, Manufacturing, Agriculture. The city has a job growth rate of 2.1% and an unemployment rate of 3.7%. Workers in these industries often earn above the city's median salary of $42,742.
How does Chesterfield's salary compare to other cities?
Chesterfield's median salary of $42,742 is 28.0% below the national median of $59,384. However, when adjusted for cost of living (index: 86.8), the real purchasing power is approximately $49,242.
What is the minimum wage in Chesterfield, MO?
The minimum wage in Chesterfield, MO is $12.30 per hour. This equals approximately $25,584 per year for a full-time worker (40 hours/week). This is $5.05 above the federal minimum wage of $7.25/hour.