Cost of Living in O'Fallon

O'Fallon's cost of living centers on moderate, only modestly appreciating housing costs and St. Charles County's above-average property tax rate, offset by Missouri's flat 4.0% state income tax.

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Moderate, slow-appreciating housing costs

O'Fallon's average home value ran $379,237 per Zillow, up a real, modest 0.9% year-over-year -- a genuinely slower appreciation pace than several other Missouri Tier A markets.

An above-average property tax rate

St. Charles County's median effective property tax rate (1.26%, Ownwell) runs above Missouri's own statewide range and the national median -- a real, disclosed cost factor for O'Fallon homeowners.

Missouri's flat 4.0% income tax

Missouri's real, flat 4.0% state income tax (effective January 1, 2026) applies statewide, including in O'Fallon, with no additional local city income tax.

Key takeaways

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Last reviewed: 2026-08-27. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.