Lee's Summit, MO Cost Of Living
Cost Of Living In Lee's Summit, MO Summary
Cost of living in Lee's Summit 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 Lee's Summit 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 Lee's Summit is 103, with 100 being the average.
The cost of living index in Lee's Summit is 1.0x higher than the national average.
Lee's Summit ranks as the #116 cheapest in Missouri out of 142.
Lee's Summit ranks as the #2,952 cheapest out of 6,489 in the US.
The median home value in Lee's Summit is $374,692.
The median income in Lee's Summit is $104,989.
Table Of Contents
Lee's Summit's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Lee's Summit, MO?
According to the most recent data on the cost of living, Lee's Summit has an overall cost of living index of 103, which is 1.0x higher than the national index of 100.
Compared to Missouri, Lee's Summit has a cost of living index that's 1.2x higher than Missouri's index of 89.
The standard of living in Lee's Summit ranks as #116 most affordable out of the 142 places we measured in Missouri. By definition, that implies Lee's Summit ranks as the #26 most expensive place in the Show Me State.
For more reading on life in Lee's Summit, check out:
In Missouri
In America
Lee's Summit Cost Of Living Vs. Missouri
Six factors go into calculating the cost of living index in Lee's Summit. Here is how it fairs on each of the criteria:
The Services index in Lee's Summit is 93.
The Groceries index in Lee's Summit is 99.
The Health index in Lee's Summit is 86.
The Housing index in Lee's Summit is 121.
The Transportation index in Lee's Summit is 89.
The Utilities index in Lee's Summit is 110.
| Living Expense | Lee's Summit | Missouri | National Average | |
|---|---|---|---|---|
| Overall | 103 | 89 | 100 | |
| Services | 93 | 93 | 100 | |
| Groceries | 99 | 96 | 100 | |
| Health | 86 | 88 | 100 | |
| Housing | 121 | 79 | 100 | |
| Transportation | 89 | 92 | 100 | |
| Utilities | 110 | 99 | 100 | |
Lee's Summit, 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 2019-2023. The key points are:
The Median Home Value in Lee's Summit is $374,692.
The Median Rent in Lee's Summit is $1,382.
The Median Income in Lee's Summit is $104,989.
The Home Value To Income in Lee's Summit is 3.6x.
The Rent To Monthly Income in Lee's Summit is 0.16x.
| Statistic | Lee's Summit | Missouri | United States |
|---|---|---|---|
| Median Home Value | $374,692 | $257,929 | $303,400 |
| Median Rent | $1,382 | $996 | $1,348 |
| Median Income | $104,989 | $68,920 | $78,538 |
| Home Value To Income | 3.6x | 3.7x | 3.9x |
| Rent To Monthly Income | 0.16x | 0.17x | 0.21x |
Median Home Value
Median Rent
Median Income
Lee's Summit, MO Costs By Category
Detailed Lee's Summit Services Costs Vs. Missouri
| Item | Lee's Summit | Missouri |
|---|---|---|
| Shampoo | $1.42 | $1.28 |
| Movie | $12.03 | $12.13 |
| Bowling | $15.57 | $18.0 |
| Haircut | $20.3 | $24.26 |
| Beauty Salon | $33.43 | $45.56 |
Detailed Lee's Summit Groceries Costs Vs. Missouri
| Item | Lee's Summit | Missouri |
|---|---|---|
| Ground Beef | $6.31 | $5.84 |
| Fried Chicken | $1.4 | $1.57 |
| Milk | $4.62 | $4.67 |
| Potatoes | $5.24 | $4.93 |
| Pizza | $11.48 | $12.09 |
| Beer | $9.39 | $10.41 |
| Toothpaste | $3.7 | $3.7 |
Detailed Lee's Summit Health Costs Vs. Missouri
| Item | Lee's Summit | Missouri |
|---|---|---|
| Optometrist | $96.5 | $125.68 |
| Doctor | $90.2 | $135.78 |
| Dentist | $100.33 | $113.29 |
Detailed Lee's Summit Transportation Costs Vs. Missouri
| Item | Lee's Summit | Missouri |
|---|---|---|
| Gasoline | $3.17 | $3.46 |
| Tire Balancing | $49.17 | $59.92 |
Detailed Lee's Summit Utilities Costs Vs. Missouri
| Item | Lee's Summit | Missouri |
|---|---|---|
| All Electricity | $217.1 | $193.99 |
| Phone | $199.94 | $192.25 |
Lee's Summit SnackAbility
/10
Cost Of Living In Cities Around Lee's Summit
The cost of living varies in the cities and towns around Lee's Summit. 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 112, 1.1x Lee's Summit.
Blue Springs, MO has a cost of living index of 93, 0.9x Lee's Summit.
Leawood, KS has a cost of living index of 134, 1.3x Lee's Summit.
| City | Population | Cost Of Living | Vs. Lee's Summit |
|---|---|---|---|
| Overland Park, KS | 197,199 | 112 | 1.1x |
| Blue Springs, MO | 59,416 | 93 | 0.9x |
| Leawood, KS | 33,844 | 134 | 1.3x |
| Raytown, MO | 29,593 | 87 | 0.8x |
| Grandview, MO | 25,821 | 88 | 0.9x |
| Belton, MO | 24,618 | 93 | 0.9x |
| Raymore, MO | 23,849 | 102 | 1.0x |
| Grain Valley, MO | 15,967 | 96 | 0.9x |
| Pleasant Hill, MO | 8,853 | 96 | 0.9x |
| Greenwood, MO | 6,000 | 98 | 1.0x |
