The federal Bureau of Labor Statistics is a fount of information about the national economy. A new report from the BLS compares 24 metropolitan areas across the country on such things as household income and expenditures.
From a quick glance at the data tables, one thing we’ve all thought turns out to be true: housing costs (as a percentage of household budget) are a relative bargain in St. Louis.
Housing accounted for 32.5 percent of the total household budget nationally, but only 29.8 percent in the St. Louis region - the lowest average percentage in the country. By comparison, Pittsbourgeoisie paid 30.2 percent, Minneapoloi paid 32.8 percent, Chicagi paid 34.5 percent, and Clevelanders paid 34.7 percent.
The Consumer Expenditure Survey data is from the 2004 - 2005 year.