Cost of Living in Lee's Summit, MO

Population 102,583 · Missouri · Data vintage 2023

104
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Lee's Summit lands reasonably close to national benchmarks on most cost indicators, with a median home value of $313,000 — 3% above the US figure. That makes it a useful reference point for comparing with more extreme markets in Missouri.

Cost Overview

Housing 103
Rent 105

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

About the Cost of Living in Lee's Summit

The median home value in Lee's Summit is $313,200 — 3% above the national median of $305,000. Median rent runs $1,382/month, 5% higher than the national median of $1,314/month. The median household income of $104,989/year is 41% higher than the US median of $74,580. The local unemployment rate is 3.9%, 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%. The climate averages highs of 65.1°F and lows of 46.4°F. Overall, Lee's Summit has a cost of living index of 104 versus the US average of 100, meaning it is 4% more expensive.

🏠 Housing

Median Home Value
$313,200
3% above avg
Zillow Home Value
$384,239
Zillow ZHVI
Median Rent
$1,382/mo
5% above avg
Zillow Rent
$1,646/mo
Zillow ZORI
Price-to-Rent Ratio
18.9x
Favors buying
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 73.6%
Renter-occupied 26.4%

💰 Estimated Monthly Budget

Rent median rent
$1,382
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,996/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
27.0 min
0% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
19.4%

Commute Mode

Drove alone
73.7%
Carpooled
5.3%
Public transit
0.1%
Walked
0.7%
Bicycle
0.0%
Work from home
19.4%

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
$104,989
41% above avg
Per Capita Income
$48,687
Unemployment Rate
3.9%
19% below avg
Poverty Rate
5.5%
Labor Force Participation
70.0%

🎓 Education

Bachelor's degree+ 29.5%
Graduate degree 19.3%

👥 Demographics

Median Age 38.6
Male median age 38
Female median age 38.9

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
65.1°F
Avg Low
46.4°F
Annual Precip
38.3"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 394455667584888779675443
Low °F 222635465665706859473626
Precip" 0.961.432.144.195.704.954.574.543.073.392.051.35

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 52 — Moderate
46.8%
Good air days/yr
155
Max AQI recorded
313
PM2.5 days
0
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

96%
4-Year Graduation Rate
15:1
Student-teacher ratio
27
Public schools
18,220
Total enrollment

Frequently Asked Questions

What is the cost of living in Lee's Summit, MO?

Lee's Summit has a cost index of 104 (100 = national average). It is 4% above the national average.

What is average rent in Lee's Summit, MO?

The median gross rent in Lee's Summit is $1,382 per month based on 2023 Census data.

What is the average home price in Lee's Summit?

The median home value in Lee's Summit is $313,200 according to Zillow and Census data.

What is the median income in Lee's Summit?

The median household income in Lee's Summit is $104,989 per year (2023 ACS 5-year estimates).

What is the sales tax in Lee's Summit, MO?

The combined state and local sales tax rate in Lee's Summit is 8.4%. The Missouri state income tax top rate is 5.0%.

Is Lee's Summit, MO affordable?

Lee's Summit is near the national average in terms of cost of living, with an index of 104 (100 = US average).

What is the weather like in Lee's Summit?

Lee's Summit has average high temperatures of 65.1°F and average lows of 46.4°F. Annual precipitation is 38.3". Data from NOAA 1991–2020 Climate Normals.

Lee's Summit at a Glance

Population
102,583
Median Income
$104,989
Home Value
$313,200
Median Rent
$1,382/mo
Unemployment
3.9%
Avg High Temp
65.1°F
Sales Tax
8.4%
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