Cost of Living in Raytown, MO

Population 29,593 · Missouri · Data vintage 2023

69
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Raytown offers a notably favorable income-to-housing ratio for its region. The typical home — $162,000 — costs less than 2.4 times median household income of $67,227, a threshold many coastal markets passed a decade ago.

Raytown sits roughly 6 miles northwest of Lee's Summit — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 48% lower than Lee's Summit's $313,000.

Cost Overview

Housing 53
Rent 92

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

About the Cost of Living in Raytown

The median home value in Raytown is $162,000 — 47% below the national median of $305,000. Median rent runs $1,213/month, 8% lower than the national median of $1,314/month. The median household income of $67,227/year is 10% lower than the US median of $74,580. The local unemployment rate is 5.1%, above 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, Raytown has a cost of living index of 69 versus the US average of 100, meaning it is 31% less expensive.

🏠 Housing

Median Home Value
$162,000
47% below avg
Zillow Home Value
$200,394
Zillow ZHVI
Median Rent
$1,213/mo
8% below avg
Zillow Rent
$1,455/mo
Zillow ZORI
Price-to-Rent Ratio
11.1x
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 66.9%
Renter-occupied 33.1%

💰 Estimated Monthly Budget

Rent median rent
$1,213
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,827/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
25.6 min
5% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
10.6%

Commute Mode

Drove alone
81.8%
Carpooled
5.4%
Public transit
0.1%
Walked
0.9%
Work from home
10.6%

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
$67,227
10% below avg
Per Capita Income
$35,265
Unemployment Rate
5.1%
6% above avg
Poverty Rate
12.8%
Labor Force Participation
67.6%

🎓 Education

Bachelor's degree+ 15.6%
Graduate degree 7.2%

👥 Demographics

Median Age 42.2
Male median age 42.5
Female median age 41.9

🌤 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

85%
4-Year Graduation Rate
13.6:1
Student-teacher ratio
20
Public schools
8,552
Total enrollment

Frequently Asked Questions

What is the cost of living in Raytown, MO?

Raytown has a cost index of 69 (100 = national average). It is 31% below the national average.

What is average rent in Raytown, MO?

The median gross rent in Raytown is $1,213 per month based on 2023 Census data.

What is the average home price in Raytown?

The median home value in Raytown is $162,000 according to Zillow and Census data.

What is the median income in Raytown?

The median household income in Raytown is $67,227 per year (2023 ACS 5-year estimates).

What is the sales tax in Raytown, MO?

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

Is Raytown, MO affordable?

Yes, Raytown is generally considered affordable, with a cost of living index of 69 — about 31% below the US national average of 100.

What is the weather like in Raytown?

Raytown 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.

Raytown at a Glance

Population
29,593
Median Income
$67,227
Home Value
$162,000
Median Rent
$1,213/mo
Unemployment
5.1%
Avg High Temp
65.1°F
Sales Tax
8.4%
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