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Home » United States » Why is Kansas City housing so cheap?

Why is Kansas City housing so cheap?

December 14, 2021 by Trevor Zboncak

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).However, that housing here is phenomenally affordable.

Contents

Is it cheap to live in Kansas City?

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.A cost of living index above 100 means Kansas City, Missouri is more expensive.

Why are Missouri houses so cheap?

But in Missouri, your housing costs will be less expensive. Because the median home value in Missouri is about 30% less than the national average. This makes Missouri housing one of the cheapest places in the United States. Since it routinely ranks in the top 10 most affordable.

How much does it cost 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.

Are houses cheaper in Kansas or Missouri?

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.

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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

What is the cheapest town in Kansas to live in?

Here Are The 6 Cheapest Yet Great Places To Live In Kansas

  • Topeka. Flickr/kswx_29.
  • Abilene. Flickr/The All-Nite Images.
  • Wichita. Flickr/Lane Pearman.
  • Arkansas City. Wikimedia Commons.
  • Shawnee. Shawnee, KS Government Facebook.
  • Colby.

What are the cons of living in Missouri?

List of the Cons of Living in Missouri

  • Wages are somewhat low in Missouri compared to the rest of the country.
  • Gang activities can be a problem in some areas of the state.
  • Crime can be a significant issue in some communities.
  • The weather in Missouri can be hot, humid, and stifling.

Why would I want to live in Missouri?

Missouri is a great place to live and has something for everyone. Cities, rural areas, culture, nature, sports, great food and so much more.The cost of living in Missouri is lower than the national average, especially in housing costs.

Is Kansas a nice 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.

Which state is the cheapest state to live in?

Mississippi
1. Mississippi. The cheapest state to live in in the United States is Mississippi. Overall, Mississippi’s average cost of living is about 15% lower than the national average cost of living.

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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.

Is Kansas cheaper than Missouri?

In Missouri, the overall cost of living is 85.9% of the national average, while in Kansas, it is 83.1% of the average.
Cost of Living: Missouri vs. Kansas.

Kansas Missouri
Average Household Income (2018) $58,218 $57,409

Which side of Kansas City is safer?

People who live in the Kansas City metro area generally consider the southeast part of the metro area to be the safest. Your chance of being a victim of crime in the Kansas City metro area may be as high as 1 in 17 in the central neighborhoods, or as low as 1 in 48 in the southeast part of the metro area.

Why does Kansas and Missouri hate each other?

Kansas and Missouri have hated one another since before the Civil War period. To summarize in Cliff Note style… Due to ideological differences regarding slavery, the bordering states of Missouri and soon to be Kansas formed militias that raided and pillaged one another’s territory.

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.

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
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What is a livable wage in Kansas?

Living Wage Calculation for Kansas City, MO

1 ADULT 2 ADULTS (BOTH WORKING)
0 Children 2 Children
Living Wage $14.40 $20.25
Poverty Wage $6.13 $6.30
Minimum Wage $9.45 $9.45

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%

Is Kansas an expensive state?

An amount below 100 means Kansas is cheaper than the US average. A cost of living index above 100 means Kansas, Kansas is more expensive.
Kansas cost of living is 83.1.

COST OF LIVING Kansas United States
Overall 83.1 100
Grocery 93 100
Health 103.4 100
Housing 59.6 100

What is the cheapest county in Kansas to live in?

  • Washington County. County in Kansas. #1 Counties with the Lowest Cost of Living in Kansas.
  • Rice County. County in Kansas.
  • Rooks County. County in Kansas.
  • Greenwood County. County in Kansas.
  • Phillips County. County in Kansas.
  • Brown County. County in Kansas.
  • Wilson County. County in Kansas.
  • Pawnee County. County in Kansas.

Filed Under: United States

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About Trevor Zboncak

Trevor Zboncak is a bit of an old grump, but he's also one of the kindest people you'll ever meet. He loves to travel and see new places, but he's not a fan of airports or long flights. Trevor has been all over the world, and he has some amazing stories to tell. He's also a great photographer, and his pictures will take your breath away.

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