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Home » United States » Where does Kansas City rank in cost of living?

Where does Kansas City rank in cost of living?

December 14, 2021 by Bo Lang

Kansas City cost of living is 86.2

COST OF LIVING Kansas City USA
Overall 86.2 100
Grocery 96.8 100
Health 94.5 100
Housing 63.3 100

Contents

Is Kansas City expensive to live?

With a cost of living 2.5 percent below the national average, from groceries to gas, utilities and housing, Kansas City is one of the most affordable cities in the Midwest. Cost of living indices are based on a U.S. average of 100. An amount below 100 means Kansas City, Missouri is cheaper than the U.S. average.

How much do you need to live comfortably in Kansas City?

A homeowner should make around $68,000 a year to comfortably cover the monthly costs of a home in Kansas City. A family of four will spend on average $3,794 or more a month. That includes groceries, utilities, childcare (if both parents work) and school expenses.

Is it more expensive to live in Kansas or Missouri?

The cost of living in both states is comparable. Missouri’s cost of living is 85.9, lower than the national average of 100.Kansas’ cost of living is 83.1, lower than the national average of 100. The median home price here is lower than Missouri’s at $137,500, compared with $231,200 for the national average.

Where does Kansas rank in cost of living?

With a cost of living index of 87.9, Kansas has the fourth-lowest cost of living. Kansas’s housing cost index is particularly low at 71.8.

Why are houses so cheap in Kansas City?

The main reason Kansas City is so affordable is attributable to one thing; housing prices. The median home cost is just over $146,000, which is incredibly low compared to the rest of the United States. The median rent here is similar (although not as inexpensive). It’s $941 compared to the national average of $1062.

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What is a good salary in Kansas City?

Average Salary in Kansas City, MO

Annual Salary Hourly Wage
Top Earners $87,404 $42
75th Percentile $71,865 $35
Average $62,776 $30
25th Percentile $48,072 $23

Is Kansas City a good place to live?

Ranked in the top 50 Best Places to Live in the U.S., this fast-growing Midwest metro is an excellent place to live for job opportunities, affordable housing, top-rated colleges, pro sports events, incredible arts and culture, and—of course—some of the best barbecue in America.

Is 66000 a year a good salary?

A salary of $65,000 can be a high income in many parts in the United States but below average in other parts.A $65,000 salary may easily meet your budget needs in an area with a lower cost of living but may just cover your basics in an area with a high cost of living.

What is a good salary in Missouri?

While ZipRecruiter is seeing salaries as high as $127,115 and as low as $19,161, the majority of salaries within the Average jobs category currently range between $46,266 (25th percentile) to $69,165 (75th percentile) with top earners (90th percentile) making $84,120 annually in Missouri.

How affordable is Kansas City?

Kansas City’s overall affordability ranking was 92.8, placing the metro area just above New Orleans and just below Pittsburgh. Kansas City was more affordable in 2019 than 2014, when it scored 94.3. The metro area scored the best in goods affordability, ranking No. 20 among the top 100 cities.

How safe is Kansas City?

4 in the U.S. News & World Report’s “Most Dangerous Places in the U.S.” Kansas City, Missouri ranked No. 16 on the list. The ranking was based on murder and property crime rates per 100,000 people, according to the online study.

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Is Kansas a cheap place to live?

Kansas is the fourth-cheapest state in America. The cost of living in Kansas is about 12.1% less than the rest of the country, and the average household income is about $41,644.

What US city has the lowest cost of living?

The 10 most affordable cities in the US

  • El Paso, Texas. City population: 679,813.
  • Wichita, Kansas. City population: 389,877.
  • Lexington, Kentucky. City population: 323,152.
  • Little Rock, Arkansas. City population: 197,958.
  • Tulsa, Oklahoma. City population: 402,324.
  • Memphis, Tennessee.
  • Knoxville, Tennessee.
  • Austin, Texas.

What city has the lowest cost of living?

Wichita Falls, Texas, was named the city with the lowest cost of living.

Which state has the highest cost of living 2021?

Hawaii. Hawaii is the most expensive state to live in in the United States. Hawaii has a cost index of 196.3. The average home price in Hawaii is $1,158,492.

Is it cheaper to live in Kansas or Texas?

Kansas City housing costs are 52.9% less expensive than Dallas housing costs. Health related expenses are 14.8% more in Kansas City.

Is Kansas City a buyers or sellers market?

Kansas City, MO is a buyer’s market in October 2021, which means that the supply of homes is greater than the demand for homes.

Is Kansas cheaper than Texas?

Texas is 5.0% more expensive than Kansas.

What is upper class salary?

What Is a Middle-Class Income?

Income group Income
Lower-middle class $32,048 – $53,413
Middle class $53,413 – $106,827
Upper-middle class $106,827 – $373,894
Rich $373,894 and up

What is the racial makeup of Kansas City?

Kansas City Demographics
White: 60.90% Black or African American: 28.21% Other race: 4.00% Two or more races: 3.58%

Filed Under: United States

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About Bo Lang

Bo Lang loves exploring the world. A self-proclaimed "adventurer," Bo has spent his life traveling to new and exciting places. He's climbed mountains, explored jungles, and sailed across the ocean. He's even eaten the beating heart of a king cobra!

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