Cost of Living in Platte City, MO
Population 4,793 · Missouri · Data vintage 2023
(100 = US avg)
Platte City offers a notably favorable income-to-housing ratio for its region. The typical home — $195,000 — costs less than 3 times median household income of $65,132, a threshold many coastal markets passed a decade ago.
Located 15 miles north of Kansas City, Platte City falls within that metro's commuting orbit. Median home values run roughly 33% higher than Kansas City's $147,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Platte City
The median home value in Platte City is $195,000 — 36% below the national median of $305,000. Median rent runs $1,173/month, 11% lower than the national median of $1,314/month. The median household income of $65,132/year is 13% lower than the US median of $74,580. The local unemployment rate is 4.7%, 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, Platte City has a cost of living index of 74 versus the US average of 100, meaning it is 26% less expensive.
Platte City 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
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Platte City, MO?
Platte City has a cost index of 74 (100 = national average). It is 26% below the national average.
What is average rent in Platte City, MO?
The median gross rent in Platte City is $1,173 per month based on 2023 Census data.
What is the average home price in Platte City?
The median home value in Platte City is $195,000 according to Zillow and Census data.
What is the median income in Platte City?
The median household income in Platte City is $65,132 per year (2023 ACS 5-year estimates).
What is the sales tax in Platte City, MO?
The combined state and local sales tax rate in Platte City is 8.4%. The Missouri state income tax top rate is 5.0%.
Is Platte City, MO affordable?
Yes, Platte City is generally considered affordable, with a cost of living index of 74 — about 26% below the US national average of 100.
Platte City at a Glance
- Population
- 4,793
- Median Income
- $65,132
- Home Value
- $195,000
- Median Rent
- $1,173/mo
- Unemployment
- 4.7%
- Sales Tax
- 8.4%
Nearby Cities
Explore county-level cost of living data
Missouri Rankings
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