Raytown, MO Cost Of Living

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

Cost Of Living In Raytown, MO Summary

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

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

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

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

  • The median home value in Raytown is $124,300.

  • The median income in Raytown is $59,049.

Table Of Contents

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

What is the cost of living in Raytown, MO?

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

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

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

For more reading on life in Raytown, check out:

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

Raytown Cost Of Living Vs. Missouri

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

  • The Services index in Raytown is 103.

  • The Groceries index in Raytown is 92.

  • The Health index in Raytown is 102.

  • The Housing index in Raytown is 65.

  • The Transportation index in Raytown is 94.

  • The Utilities index in Raytown is 99.

Living Expense Raytown Missouri National Average
Overall 87 89 100
Services 103 92 100
Groceries 92 96 100
Health 102 88 100
Housing 65 79 100
Transportation 94 95 100
Utilities 99 95 100
For more reading on cost of living around Missouri, check out:
Raytown Cost of Living Vs. MO

Raytown, 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 Raytown is $124,300.

  • The Median Rent in Raytown is $1,027.

  • The Median Income in Raytown is $59,049.

  • The Home Value To Income in Raytown is 2.1x.

  • The Rent To Monthly Income in Raytown is 0.21x.

Statistic Raytown Missouri United States
Median Home Value $124,300 $171,800 $244,900
Median Rent $1,027 $886 $1,163
Median Income $59,049 $61,043 $69,021
Home Value To Income 2.1x 2.8x 3.5x
Rent To Monthly Income 0.21x 0.17x 0.2x
Search Homes For Sale In Raytown, MO
$124,300
Median Home Value
$1,027
Median Rent
$59,049
Median Income

Raytown, MO Costs By Category

Detailed Raytown Services Costs Vs. Missouri

Item Raytown 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 Raytown Groceries Costs Vs. Missouri

Item Raytown 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 Raytown Health Costs Vs. Missouri

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

Detailed Raytown Transportation Costs Vs. Missouri

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

Detailed Raytown Utilities Costs Vs. Missouri

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

Raytown SnackAbility

6
/10
Overall SnackAbility
Jobs
7/10
Housing
6
Affordability
8
Diversity
9
Safety
3
Amenities
9
Education
7
Commute
8

Cost Of Living In Cities Around Raytown

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

  • Independence, MO has a cost of living index of 88, 1.0x Raytown.

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

  • Lenexa, KS has a cost of living index of 105, 1.2x Raytown.

City Population Cost Of Living Vs. Raytown
Independence, MO 122,230 88 1.0x
Lee's Summit, MO 100,772 101 1.2x
Lenexa, KS 56,755 105 1.2x
Leawood, KS 33,748 126 1.4x
Liberty, MO 30,129 94 1.1x
Grandview, MO 25,931 87 1.0x
Raymore, MO 22,722 101 1.2x
Pleasant Hill, MO 8,673 97 1.1x
Parkville, MO 7,153 115 1.3x
Greenwood, MO 6,008 94 1.1x

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