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.
Is Kansas a cheap state?
Kansas. Kansas offers the second-cheapest cost of living in the nation. Housing costs in Kansas are 28% lower than the national average, the third-lowest in the country.
Why is Missouri so affordable?
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 do you need to live comfortably in Kansas City?
The Median Household Income Needed 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.
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. An amount below 100 means Kansas City, Missouri is cheaper than the U.S. average.
Is it cheaper to live in MO or KS?
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.
| Missouri | Kansas | |
|---|---|---|
| Average Household Income (2018) | $55,461 | $59,597 |
Is Kansas cheaper than Texas?
Texas is 5.0% more expensive than Kansas.
What state has the lowest cost of living?
Mississippi
Mississippi. Mississippi has the lowest cost of living in the United States. With a cost of living index of 83.3, expenses are nearly 17% less than the national average. Mississippi’s housing costs are the lowest in the nation.
How much money do you need to live comfortably in Missouri?
Typical Expenses
| 1 ADULT | 2 ADULTS (1 WORKING) | |
|---|---|---|
| 0 Children | 2 Children | |
| Required annual income after taxes | $27,333 | $62,231 |
| Annual taxes | $6,558 | $14,931 |
| Required annual income before taxes | $33,890 | $77,162 |
What is Mo minimum wage?
$11.15/hr.
The state minimum wage for 2022 is $11.15/hr.
Employers engaged in retail or service businesses whose annual gross income is less than $500,000 are not required to pay the state minimum wage rate.
Is it cheaper to live in Kansas City or St Louis?
Kansas City is 6.0% more expensive than St. Louis. Kansas City housing costs are 26.6% more expensive than St. Louis housing costs.
Is $18 an hour a good wage?
The $18 per hour wage falls within the second and most common hourly rate range in the US. As it’s far enough from the minimum wage, it can be considered good money. Whether it is enough, however, depends on a number of factors, including your spending habits, debt burden, family status, and home location.
What is a good wage in Kansas?
Average Salary in Kansas
| Annual Salary | Hourly Wage | |
|---|---|---|
| Top Earners | $83,262 | $40 |
| 75th Percentile | $68,459 | $33 |
| Average | $66,664 | $32 |
| 25th Percentile | $45,794 | $22 |
Is Kansas City a good place to live?
Thinking about moving to Kansas City? 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.
Are houses cheaper in Kansas or Missouri?
The median household income is $53,560 and the average household income is $73,145. 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 City rank in cost of living?
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 |
Where should I not live in Kansas City?
Washington Weatley is the number one most dangerous neighborhood in Kansas City. The area has a total crime rate of 13,597 crimes per 100,000 people. Residents living in Washington Weatley have a 1 in 7 chance of becoming a victim of either violent crime or property crime.
Is Kansas a safe place to live?
58% of Kansas residents feel safe in their state, which is above the national average of 55% and is the twelfth-highest percentage overall. Kansans are less likely than the average American to believe that crime is increasing compared to last year.
Is Kansas City more expensive than Texas?
The cost of living in Kansas City, MO is -5.9% lower than in Dallas, TX. You would have to earn a salary of $56,477 to maintain your current standard of living. Employers in Kansas City, MO typically pay -1.3% less than employers in Dallas, TX.
Is Texas cheaper than Missouri?
Texas is 5.3% more expensive than Missouri.
What is the cost of living in Dallas Texas?
Dallas cost of living is 101.6
| COST OF LIVING | Dallas | Texas |
|---|---|---|
| Grocery | 99.1 | 93.7 |
| Health | 94 | 95.4 |
| Housing | 92.9 | 84.3 |
| Median Home Cost | $259,800 | $243,600 |
