Philadelphia vs St. Louis for Retirees (2026)
Scroll down for retirement income tax breakdown, healthcare estimates, and FAQ.
Your move simulator
Tell us about your household — we calculate your real annual savings.
Estimated annual swing
−$9,528/yr
Favoring St. Louis for this income & household (illustrative).
With the extra $794/mo, you could pay down a $15,000 card balance in ~19 months and still keep ~$95/mo for dining out.
Complete the Picture
While you’re comparing — don’t leave money on the table.
High-yield savings
Park ~$9,528/yr savings at 4–5%+ APY
Even $794/mo extra earns meaningfully at 4–5% APY vs near-zero in checking.
Home + auto bundle
New state — compare rates before you sign
Moving to St. Louis resets your insurance profile. Bundling home + auto often saves 15–25%.
Supplemental health
St. Louis's lower taxes leave ~$924/yr more for healthcare
Health coverage varies by state. Review Medigap plans available in your new zip before moving.
Full retirement cost breakdown
| Metric | Philadelphia Pennsylvania | St. Louis Missouri | Your impact |
|---|---|---|---|
| 1BR rent / month | $2,000 | $1,300Better | $8,400/yr saves in St. |
| Median home price | $290K | $230KBetter | — |
| State income tax | 3.1%Better | 4.7% | $1,200/yr saves in Philadelphia |
| Sales tax (combined) | 8%Better | 8.6% | — |
| Monthly utilities | $160Better | $162 | — |
| Groceries index (US = 100) | 103 | 97Better | — |
| Est. healthcare / month | $535 | $435Better | $1,200/yr saves in St. |
| Walk score (0–100) | 76 / 100Better | 61 / 100 | — |
| Overall COL index (100 = US avg) | 107 | 87Better | — |
Your biggest money opportunities based on this comparison.
Retirement tax savings
Philadelphia saves ~$67/mo on a $50K retirement income
Keep more of your fixed income. Park the tax savings in a high-yield account to let it compound.
Healthcare savings
St. Louis saves ~$100/mo on healthcare
Compare Medicare supplement and insurance plans to cover what Medicare doesn't pay.
More to invest
St. Louis stretches your retirement savings ~19% further
Lower COL means more of your nest egg stays invested. Compare brokerage and IRA accounts.
Complete the Picture
While you’re comparing — don’t leave money on the table.
Mortgages
See what you can afford in St. Louis
Compare rates from top lenders before your move — pre-approval is free and won't affect your score.
Home & Auto Insurance
Bundle before you move — save 15–25%
New state means new rates. Lock in St. Louis homeowners + auto quotes before your move date.
Moving Rewards Card
Turn closing costs & moving expenses into cash back
Average family spends $6,200 on a move. These cards pay 2–4% back + 0% intro APR on purchases.
Frequently asked questions
Which city is better for retirement — Philadelphia or St. Louis?
Philadelphia and St. Louis are closely matched for retirees. Housing costs, tax burden, and overall affordability are similar. Your specific priorities — climate, walkability, family proximity — should guide the decision.
Is retirement income taxed in Philadelphia or St. Louis?
Philadelphia has the lower state income tax rate (3.1% vs 4.7%). Note that many states exempt Social Security income and some pension income from state taxes even when other income is taxed — check your specific state's retirement tax rules.
What is the estimated monthly healthcare cost in Philadelphia vs St. Louis?
Based on national average retiree healthcare spending (~$500/month) scaled by each city's cost-of-living index, estimated monthly healthcare costs are approximately $535 in Philadelphia and $435 in St. Louis. That's a difference of ~$100/month, or ~$1,200/year. Actual costs vary based on your Medicare plan, supplements, and health needs.
Can I afford to retire in Philadelphia on a $50,000 annual income?
On a $50,000/year ($4,167/month) retirement income in Philadelphia, rent alone would consume approximately 48% of your budget (1BR rent ~$2,000/mo) and healthcare another ~13%. That leaves roughly 39% (~$1,625/mo) for groceries, transportation, and other expenses. This is tight — a studio apartment or lower-cost neighborhood would help.
Which city is more walkable for retirees?
Philadelphia has a higher walk score (76 vs 61 out of 100). Walkability is increasingly important for retirees who want to reduce car dependence — a score above 70 means most daily errands can be done on foot. Philadelphia offers more independence without a car, which also reduces transportation costs.
$50K/year in Philadelphia has the same purchasing power as $41K/year in St. Louis
Healthcare estimates based on national avg retiree spending (~$500/mo) scaled by COL index · State income tax rates from Tax Foundation · Data: Zillow, BLS, Numbeo · Q1 2026