Cost of living in Grain Valley research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Grain Valley is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Missouri, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Grain Valley is 93, with 100 being the average.
The cost of living index in Grain Valley is 0.9x lower than the national average.
Grain Valley ranks as the #95 cheapest in Missouri out of 143.
Grain Valley ranks as the #2,137 cheapest out of 6,412 in the US.
The median home value in Grain Valley is $198,400.
The median income in Grain Valley is $81,429.
According to the most recent data on the cost of living, Grain Valley has an overall cost of living index of 93, which is 0.9x lower than the national index of 100.
Compared to Missouri, Grain Valley has a cost of living index that's 1.0x higher than Missouri's index of 89.
The standard of living in Grain Valley ranks as #95 most affordable out of the 143 places we measured in Missouri. By definition, that implies Grain Valley ranks as the #48 most expensive place in the Show Me State.
For more reading on life in Grain Valley, check out:
Six factors go into calculating the cost of living index in Grain Valley. Here is how it fairs on each of the criteria:
The Services index in Grain Valley is 103.
The Groceries index in Grain Valley is 96.
The Health index in Grain Valley is 100.
The Housing index in Grain Valley is 89.
The Transportation index in Grain Valley is 94.
The Utilities index in Grain Valley is 97.
Living Expense | Grain Valley | Missouri | National Average | |
---|---|---|---|---|
Overall | 93 | 89 | 100 | |
Services | 103 | 92 | 100 | |
Groceries | 96 | 96 | 100 | |
Health | 100 | 88 | 100 | |
Housing | 89 | 79 | 100 | |
Transportation | 94 | 95 | 100 | |
Utilities | 97 | 95 | 100 |
Housing swings affordability the most between places in Missouri, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Grain Valley is $198,400.
The Median Rent in Grain Valley is $1,146.
The Median Income in Grain Valley is $81,429.
The Home Value To Income in Grain Valley is 2.4x.
The Rent To Monthly Income in Grain Valley is 0.17x.
Statistic | Grain Valley | Missouri | United States |
---|---|---|---|
Median Home Value | $198,400 | $171,800 | $244,900 |
Median Rent | $1,146 | $886 | $1,163 |
Median Income | $81,429 | $61,043 | $69,021 |
Home Value To Income | 2.4x | 2.8x | 3.5x |
Rent To Monthly Income | 0.17x | 0.17x | 0.2x |
Item | Grain Valley | Missouri |
---|---|---|
Shampoo | $1.02 | $1.06 |
Movie | $11.07 | $10.68 |
Bowling | $17.13 | $14.67 |
Haircut | $18.77 | $18.62 |
Beauty Salon | $38.27 | $39.05 |
Item | Grain Valley | Missouri |
---|---|---|
Ground Beef | $4.09 | $4.22 |
Fried Chicken | $1.92 | $1.39 |
Milk | $1.87 | $2.05 |
Potatoes | $2.8 | $3.29 |
Pizza | $10.16 | $10.62 |
Beer | $8.78 | $9.38 |
Toothpaste | $1.84 | $2.34 |
Item | Grain Valley | Missouri |
---|---|---|
Optometrist | $106.75 | $108.57 |
Doctor | $108.18 | $116.17 |
Dentist | $107.03 | $99.13 |
Item | Grain Valley | Missouri |
---|---|---|
Gasoline | $2.02 | $2.22 |
Tire Balancing | $47.94 | $50.07 |
Item | Grain Valley | Missouri |
---|---|---|
All Electricity | $157.13 | $167.67 |
Phone | $189.7 | $175.64 |
The cost of living varies in the cities and towns around Grain Valley. Here's a quick look at the cost of living in the most populous nearby places:
Independence, MO has a cost of living index of 88, 0.9x Grain Valley.
Lee's Summit, MO has a cost of living index of 101, 1.1x Grain Valley.
Blue Springs, MO has a cost of living index of 96, 1.0x Grain Valley.
City | Population | Cost Of Living | Vs. Grain Valley |
---|---|---|---|
Independence, MO | 122,230 | 88 | 0.9x |
Lee's Summit, MO | 100,772 | 101 | 1.1x |
Blue Springs, MO | 58,265 | 96 | 1.0x |
Liberty, MO | 30,129 | 94 | 1.0x |
Grandview, MO | 25,931 | 87 | 0.9x |
Raymore, MO | 22,722 | 101 | 1.1x |
Pleasant Hill, MO | 8,673 | 97 | 1.0x |
Oak Grove, MO | 8,228 | 91 | 1.0x |
Greenwood, MO | 6,008 | 94 | 1.0x |
Odessa, MO | 5,538 | 88 | 0.9x |