Raymore, MO Cost Of Living
Cost Of Living In Raymore, MO Summary
Cost of living in Raymore 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 Raymore 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 Raymore is 102, with 100 being the average.
The cost of living index in Raymore is 1.0x higher than the national average.
Raymore ranks as the #113 cheapest in Missouri out of 142.
Raymore ranks as the #2,846 cheapest out of 6,489 in the US.
The median home value in Raymore is $346,035.
The median income in Raymore is $103,158.
Table Of Contents
Raymore's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Raymore, MO?
According to the most recent data on the cost of living, Raymore has an overall cost of living index of 102, which is 1.0x higher than the national index of 100.
Compared to Missouri, Raymore has a cost of living index that's 1.2x higher than Missouri's index of 88.
The standard of living in Raymore ranks as #113 most affordable out of the 142 places we measured in Missouri. By definition, that implies Raymore ranks as the #29 most expensive place in the Show Me State.
For more reading on life in Raymore, check out:
In Missouri
In America
Raymore Cost Of Living Vs. Missouri
Six factors go into calculating the cost of living index in Raymore. Here is how it fairs on each of the criteria:
The Services index in Raymore is 90.
The Groceries index in Raymore is 98.
The Health index in Raymore is 82.
The Housing index in Raymore is 121.
The Transportation index in Raymore is 90.
The Utilities index in Raymore is 109.
| Living Expense | Raymore | Missouri | National Average | |
|---|---|---|---|---|
| Overall | 102 | 88 | 100 | |
| Services | 90 | 93 | 100 | |
| Groceries | 98 | 96 | 100 | |
| Health | 82 | 91 | 100 | |
| Housing | 121 | 78 | 100 | |
| Transportation | 90 | 90 | 100 | |
| Utilities | 109 | 99 | 100 | |
Raymore, 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 Raymore is $346,035.
The Median Rent in Raymore is $1,283.
The Median Income in Raymore is $103,158.
The Home Value To Income in Raymore is 3.4x.
The Rent To Monthly Income in Raymore is 0.15x.
Median Home Value
Median Rent
Median Income
Raymore, MO Costs By Category
Detailed Raymore Services Costs Vs. Missouri
Detailed Raymore Groceries Costs Vs. Missouri
Detailed Raymore Health Costs Vs. Missouri
Detailed Raymore Transportation Costs Vs. Missouri
Detailed Raymore Utilities Costs Vs. Missouri
Raymore SnackAbility
/10
Cost Of Living In Cities Around Raymore
The cost of living varies in the cities and towns around Raymore. 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 Raymore.
Lee's Summit, MO has a cost of living index of 103, 1.0x Raymore.
Blue Springs, MO has a cost of living index of 93, 0.9x Raymore.
| City | Population | Cost Of Living | Vs. Raymore |
|---|---|---|---|
| Overland Park, KS | 197,199 | 112 | 1.1x |
| Lee's Summit, MO | 102,583 | 103 | 1.0x |
| Blue Springs, MO | 59,416 | 93 | 0.9x |
| Leawood, KS | 33,844 | 134 | 1.3x |
| Grandview, MO | 25,821 | 88 | 0.9x |
| Belton, MO | 24,618 | 93 | 0.9x |
| Grain Valley, MO | 15,967 | 96 | 0.9x |
| Pleasant Hill, MO | 8,853 | 96 | 0.9x |
| Spring Hill, KS | 8,691 | 103 | 1.0x |
| Greenwood, MO | 6,000 | 98 | 1.0x |
