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This question is about Chesterfield, MO.
What is a good salary in Chesterfield, MO?
A good salary in Chesterfield, MO is anything over $69,000. That's because the median income in Chesterfield is $69,000, which means if you earn more than that you're earning more than 50% of the people living in Chesterfield. The average salary in Chesterfield is $81,997.
A good hourly wage in Chesterfield is $33.17 per hour. That works out to a good weekly wage of $1,326 per week and a good monthly wage of $5,750 per month. However, using the median income is only one way to calculate a good salary in Chesterfield.
Another way to calculate a good salary in Chesterfield is to look at the price of housing and use that to back into a good salary. Experts agree that you want to maintain about a 5 to 1 home price to income ratio. Based on the median home price of $379,800, a good salary in Chesterfield would be $75,960.
Lastly, we can determine a good salary in Chesterfield by looking at the cost of living and comparing it to the US average salary. The cost of living in Chesterfield is 15% higher than than the national average. The national average salary is $56,310, so a good salary in Chesterfield is anything over $65,319 by this measure.
Average Annual Salary in Chesterfield, MO
| Percentile | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| 10th | $32,000 | $2,666 | $615 | $15.38 |
| 25th | $46,000 | $3,833 | $884 | $22.12 |
| Median | $69,000 | $5,750 | $1,326 | $33.17 |
| 75th | $102,000 | $8,500 | $1,961 | $49.04 |
| 90th | $145,000 | $12,083 | $2,788 | $69.71 |
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