Cost of Living

Karen Apricot | Flickr

Retired teachers in Missouri are learning a hard but simple math lesson: Longer life spans plus smaller investment returns equal no cost-of-living raise in their pensions for next year.

In dollars-and-cents terms, that means that the board of the state’s Public School Retirement System has voted that if inflation falls below 2 percent for 2016, which appears all but certain, school retirees will get no raise in their pensions.

(via Flickr/StockMonkeys.com)

Kiplinger's says St. Louis is a great city for cheapskates - and insists we take that as a compliment.

The Gateway City ranks at number 9 on the Kiplinger compilation, and it's the biggest city in their top 10 (full list is below).

They say St. Louis' housing costs, at 27 percent below the national average, are what cemented our place on the list.