Cost of Living in Parkville, MO
Population 8,022 · Missouri · Data vintage 2023
(100 = US avg)
Home prices in Parkville run well above the national baseline, with a median of $557,000, though local incomes keep the cost-to-earnings ratio tighter than in coastal metros with comparable sticker prices. Median household earnings of $170,794 place the city among the better-paid Missouri metros. An unemployment rate of 2.1% points to a labor market well on the tight side of the national distribution.
Located 7 miles north of Kansas City, Parkville falls within that metro's commuting orbit. Median home values run roughly 279% higher than Kansas City's $147,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Parkville
The median home value in Parkville is $557,100 — 83% above the national median of $305,000. Median rent runs $1,078/month, 18% lower than the national median of $1,314/month. The median household income of $170,794/year is 129% higher than the US median of $74,580. The local unemployment rate is 2.1%, 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 65.0°F and lows of 44.5°F, with about 18.2" of annual snowfall. Overall, Parkville has a cost of living index of 142 versus the US average of 100, meaning it is 42% more expensive.
Parkville has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 38 | 44 | 55 | 66 | 75 | 84 | 88 | 87 | 79 | 67 | 54 | 42 |
| Low °F | 20 | 24 | 34 | 44 | 54 | 64 | 68 | 66 | 58 | 46 | 34 | 24 |
| Precip" | 1.16 | 1.48 | 2.36 | 4.05 | 5.32 | 5.25 | 4.58 | 4.24 | 4.04 | 3.25 | 2.00 | 1.57 |
| Snow" | 4.9 | 5.9 | 1.7 | 0.3 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.3 | 1.1 | 4.0 |
Frequently Asked Questions
What is the cost of living in Parkville, MO?
Parkville has a cost index of 142 (100 = national average). It is 42% above the national average.
What is average rent in Parkville, MO?
The median gross rent in Parkville is $1,078 per month based on 2023 Census data.
What is the average home price in Parkville?
The median home value in Parkville is $557,100 according to Zillow and Census data.
What is the median income in Parkville?
The median household income in Parkville is $170,794 per year (2023 ACS 5-year estimates).
What is the sales tax in Parkville, MO?
The combined state and local sales tax rate in Parkville is 8.4%. The Missouri state income tax top rate is 5.0%.
Is Parkville, MO affordable?
Parkville is above average in cost of living, with an index of 142 — about 42% higher than the national average.
What is the weather like in Parkville?
Parkville has average high temperatures of 65.0°F and average lows of 44.5°F. Annual precipitation is 39.3". Average annual snowfall is 18.2". Data from NOAA 1991–2020 Climate Normals.
Parkville at a Glance
- Population
- 8,022
- Median Income
- $170,794
- Home Value
- $557,100
- Median Rent
- $1,078/mo
- Unemployment
- 2.1%
- Avg High Temp
- 65.0°F
- Sales Tax
- 8.4%
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Missouri Rankings
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