Cost of Living in Kearney, MO

Population 10,696 · Missouri · Data vintage 2023

85
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Kearney is a smaller Missouri community of around 11000 residents, where median household incomes of $102,523 and housing costs ($275,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. The labor market has been unusually tight, with unemployment around 1.4% — below most comparable cities in the state.

Located 20 miles north of Independence, Kearney falls within that metro's commuting orbit. Median home values run roughly 65% higher than Independence's $166,000.

Cost Overview

Housing 90
Rent 76

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Kearney

The median home value in Kearney is $275,200 — 10% below the national median of $305,000. Median rent runs $1,000/month, 24% lower than the national median of $1,314/month. The median household income of $102,523/year is 37% higher than the US median of $74,580. The local unemployment rate is 1.4%, below the national average of 4.8%. Missouri's top state income tax rate is 5.0% and the combined sales tax is 8.4%. Overall, Kearney has a cost of living index of 85 versus the US average of 100, meaning it is 15% less expensive.

🏠 Housing

Median Home Value
$275,200
10% below avg
Zillow Home Value
$383,566
Zillow ZHVI
Median Rent
$1,000/mo
24% below avg
Price-to-Rent Ratio
22.9x
Favors renting
Property Tax Rate
1.0%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$623
1 BR
$668
2 BR
$826
3 BR
$1,142
4 BR
$1,311
Owner-occupied 76.1%
Renter-occupied 23.9%

💰 Estimated Monthly Budget

Rent median rent
$1,000
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,614/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
26.4 min
2% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
15.2%

Commute Mode

Drove alone
79.3%
Carpooled
5.1%
Walked
0.5%
Work from home
15.2%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 5.0%
Total Sales Tax 8.4%
State rate 4.2%
Avg local rate 4.1%
Property Tax 1.0%

💼 Income & Employment

Median Household Income
$102,523
37% above avg
Per Capita Income
$47,209
Unemployment Rate
1.4%
70% below avg
Poverty Rate
3.3%
Labor Force Participation
72.5%

🎓 Education

Bachelor's degree+ 21.6%
Graduate degree 12.4%

👥 Demographics

Median Age 41.3
Male median age 39.6
Female median age 43

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 43 — Good
65.1%
Good air days/yr
153
Max AQI recorded
138
PM2.5 days
212
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

97%
4-Year Graduation Rate
14.6:1
Student-teacher ratio
8
Public schools
3,580
Total enrollment

Frequently Asked Questions

What is the cost of living in Kearney, MO?

Kearney has a cost index of 85 (100 = national average). It is 15% below the national average.

What is average rent in Kearney, MO?

The median gross rent in Kearney is $1,000 per month based on 2023 Census data.

What is the average home price in Kearney?

The median home value in Kearney is $275,200 according to Zillow and Census data.

What is the median income in Kearney?

The median household income in Kearney is $102,523 per year (2023 ACS 5-year estimates).

What is the sales tax in Kearney, MO?

The combined state and local sales tax rate in Kearney is 8.4%. The Missouri state income tax top rate is 5.0%.

Is Kearney, MO affordable?

Yes, Kearney is generally considered affordable, with a cost of living index of 85 — about 15% below the US national average of 100.