Cost of Living in Raymore, MO
Population 23,849 · Missouri · Data vintage 2023
(100 = US avg)
Under 25,000 residents gives Raymore a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $318,000. The labor market has been unusually tight, with unemployment around 3.0% — below most comparable cities in the state.
Geographically, Raymore sits roughly 9 miles southwest of Lee's Summit. Housing prices track closely with Lee's Summit's $313,000 median.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Raymore
The median home value in Raymore is $318,000 — 4% above the national median of $305,000. Median rent runs $1,283/month, 2% lower than the national median of $1,314/month. The median household income of $103,158/year is 38% higher than the US median of $74,580. The local unemployment rate is 3.0%, 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, Raymore has a cost of living index of 102 versus the US average of 100, meaning it is 2% more expensive.
🏠 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
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Raymore, MO?
Raymore has a cost index of 102 (100 = national average). It is 2% above the national average.
What is average rent in Raymore, MO?
The median gross rent in Raymore is $1,283 per month based on 2023 Census data.
What is the average home price in Raymore?
The median home value in Raymore is $318,000 according to Zillow and Census data.
What is the median income in Raymore?
The median household income in Raymore is $103,158 per year (2023 ACS 5-year estimates).
What is the sales tax in Raymore, MO?
The combined state and local sales tax rate in Raymore is 8.4%. The Missouri state income tax top rate is 5.0%.
Is Raymore, MO affordable?
Raymore is near the national average in terms of cost of living, with an index of 102 (100 = US average).
Raymore at a Glance
- Population
- 23,849
- Median Income
- $103,158
- Home Value
- $318,000
- Median Rent
- $1,283/mo
- Unemployment
- 3.0%
- Sales Tax
- 8.4%
Nearby Cities
Explore county-level cost of living data
Missouri Rankings
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