Cost of living in Gladstone research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Gladstone is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Missouri, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Gladstone is 91, with 100 being the average.
The cost of living index in Gladstone is 0.9x lower than the national average.
Gladstone ranks as the #73 cheapest in Missouri out of 142.
Gladstone ranks as the #1,347 cheapest out of 6,489 in the US.
The median home value in Gladstone is $261,866.
The median income in Gladstone is $72,134.
According to the most recent data on the cost of living, Gladstone has an overall cost of living index of 91, which is 0.9x lower than the national index of 100.
Compared to Missouri, Gladstone has a cost of living index that's 1.0x higher than Missouri's index of 88.
The standard of living in Gladstone ranks as #73 most affordable out of the 142 places we measured in Missouri. By definition, that implies Gladstone ranks as the #69 most expensive place in the Show Me State.
For more reading on life in Gladstone, check out:
Six factors go into calculating the cost of living index in Gladstone. Here is how it fairs on each of the criteria:
The Services index in Gladstone is 94.
The Groceries index in Gladstone is 96.
The Health index in Gladstone is 82.
The Housing index in Gladstone is 88.
The Transportation index in Gladstone is 88.
The Utilities index in Gladstone is 110.
| Living Expense | Gladstone | Missouri | National Average | |
|---|---|---|---|---|
| Overall | 91 | 88 | 100 | |
| Services | 94 | 93 | 100 | |
| Groceries | 96 | 96 | 100 | |
| Health | 82 | 91 | 100 | |
| Housing | 88 | 78 | 100 | |
| Transportation | 88 | 90 | 100 | |
| Utilities | 110 | 99 | 100 | |
Housing swings affordability the most between places in Missouri, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Gladstone is $261,866.
The Median Rent in Gladstone is $1,095.
The Median Income in Gladstone is $72,134.
The Home Value To Income in Gladstone is 3.6x.
The Rent To Monthly Income in Gladstone is 0.18x.
The cost of living varies in the cities and towns around Gladstone. Here's a quick look at the cost of living in the most populous nearby places:
Shawnee, KS has a cost of living index of 105, 1.2x Gladstone.
Liberty, MO has a cost of living index of 97, 1.1x Gladstone.
Kearney, MO has a cost of living index of 101, 1.1x Gladstone.
| City | Population | Cost Of Living | Vs. Gladstone |
|---|---|---|---|
| Shawnee, KS | 68,175 | 105 | 1.2x |
| Liberty, MO | 30,446 | 97 | 1.1x |
| Kearney, MO | 10,696 | 101 | 1.1x |
| Smithville, MO | 10,552 | 96 | 1.1x |
| Excelsior Springs, MO | 10,502 | 90 | 1.0x |
| Parkville, MO | 8,022 | 123 | 1.4x |
| Roeland Park, KS | 6,800 | 100 | 1.1x |