Cost of Living in Kansas City: An Overview
The article breaks down the cost of living in Kansas City, noting that while the overall cost is lower than the national average, it is higher than the rest of Missouri. Incomes in Jackson County and Johnson County, KS, are highlighted, with the latter having a significantly higher median. The cost of healthcare, groceries, and housing in KCMO is lower than in other parts of the state, though healthcare remains higher than the national average. The average rent for an apartment is $1,256, close to the budget limit for a household earning $65,000 annually. The median home cost is $222,100. Comparisons with other cities, like St. Louis and Denver, reveal that Kansas City has cheaper transportation costs but higher overall living costs compared to Denver. Local housing developments and programs, such as the Affordable Housing Trust Fund, aim to address the need for more affordable housing units in the area.