Grandview, MO Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Grandview, MO Summary

Cost of living in Grandview 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 Grandview 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 Grandview is 87, with 100 being the average.

  • The cost of living index in Grandview is 0.9x lower than the national average.

  • Grandview ranks as the #55 cheapest in Missouri out of 143.

  • Grandview ranks as the #1,101 cheapest out of 6,412 in the US.

  • The median home value in Grandview is $127,200.

  • The median income in Grandview is $48,233.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
87
Grandview's Overall Cost Of Living
0.9x
Lower Than The National Average

What is the cost of living in Grandview, MO?

According to the most recent data on the cost of living, Grandview has an overall cost of living index of 87, which is 0.9x lower than the national index of 100.

Compared to Missouri, Grandview has a cost of living index that's 1.0x lower than Missouri's index of 89.

The standard of living in Grandview ranks as #55 most affordable out of the 143 places we measured in Missouri. By definition, that implies Grandview ranks as the #88 most expensive place in the Show Me State.

For more reading on life in Grandview, check out:

55 out of 143
In Missouri
1,101 out of 6,412
In America

Grandview Cost Of Living Vs. Missouri

Six factors go into calculating the cost of living index in Grandview. Here is how it fairs on each of the criteria:

  • The Services index in Grandview is 99.

  • The Groceries index in Grandview is 92.

  • The Health index in Grandview is 99.

  • The Housing index in Grandview is 64.

  • The Transportation index in Grandview is 93.

  • The Utilities index in Grandview is 98.

Living Expense Grandview Missouri National Average
Overall 87 89 100
Services 99 92 100
Groceries 92 96 100
Health 99 88 100
Housing 64 79 100
Transportation 93 95 100
Utilities 98 95 100
For more reading on cost of living around Missouri, check out:
Grandview Cost of Living Vs. MO

Grandview, MO Housing Cost Breakdown

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 2017-2021. The key points are:

  • The Median Home Value in Grandview is $127,200.

  • The Median Rent in Grandview is $865.

  • The Median Income in Grandview is $48,233.

  • The Home Value To Income in Grandview is 2.6x.

  • The Rent To Monthly Income in Grandview is 0.22x.

Statistic Grandview Missouri United States
Median Home Value $127,200 $171,800 $244,900
Median Rent $865 $886 $1,163
Median Income $48,233 $61,043 $69,021
Home Value To Income 2.6x 2.8x 3.5x
Rent To Monthly Income 0.22x 0.17x 0.2x
Search Homes For Sale In Grandview, MO
$127,200
Median Home Value
$865
Median Rent
$48,233
Median Income

Grandview, MO Costs By Category

Detailed Grandview Services Costs Vs. Missouri

Item Grandview Missouri
Shampoo $1.02 $1.06
Movie $11.07 $10.68
Bowling $17.13 $14.67
Haircut $18.77 $18.62
Beauty Salon $38.27 $39.05

Detailed Grandview Groceries Costs Vs. Missouri

Item Grandview Missouri
Ground Beef $4.09 $4.22
Fried Chicken $1.92 $1.39
Milk $1.87 $2.05
Potatoes $2.8 $3.29
Pizza $10.16 $10.62
Beer $8.78 $9.38
Toothpaste $1.84 $2.34

Detailed Grandview Health Costs Vs. Missouri

Item Grandview Missouri
Optometrist $106.75 $108.57
Doctor $108.18 $116.17
Dentist $107.03 $99.13

Detailed Grandview Transportation Costs Vs. Missouri

Item Grandview Missouri
Gasoline $2.02 $2.22
Tire Balancing $47.94 $50.07

Detailed Grandview Utilities Costs Vs. Missouri

Item Grandview Missouri
All Electricity $157.13 $167.67
Phone $189.7 $175.64

Grandview SnackAbility

4
/10
Overall SnackAbility
Jobs
6/10
Housing
6
Affordability
8
Diversity
9.5
Safety
3
Amenities
8.5
Education
7
Commute
8

Cost Of Living In Cities Around Grandview

The cost of living varies in the cities and towns around Grandview. Here's a quick look at the cost of living in the most populous nearby places:

  • Overland Park, KS has a cost of living index of 106, 1.2x Grandview.

  • Olathe, KS has a cost of living index of 101, 1.2x Grandview.

  • Lee's Summit, MO has a cost of living index of 101, 1.2x Grandview.

City Population Cost Of Living Vs. Grandview
Overland Park, KS 195,249 106 1.2x
Olathe, KS 140,339 101 1.2x
Lee's Summit, MO 100,772 101 1.2x
Lenexa, KS 56,755 105 1.2x
Leawood, KS 33,748 126 1.4x
Raytown, MO 29,893 87 1.0x
Belton, MO 23,832 90 1.0x
Raymore, MO 22,722 101 1.2x
Pleasant Hill, MO 8,673 97 1.1x
Spring Hill, KS 7,883 96 1.1x

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