Grandview, MO Cost Of Living
Cost Of Living In Grandview, MO Summary
Cost of living in Grandview 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 Grandview 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 Grandview is 87, with 100 being the average.
The cost of living index in Grandview is 0.9x lower than the national average.
Grandview ranks as the #55 cheapest in Missouri out of 143.
Grandview ranks as the #1,101 cheapest out of 6,412 in the US.
The median home value in Grandview is $127,200.
The median income in Grandview is $48,233.
Table Of Contents
Grandview's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Grandview, MO?
According to the most recent data on the cost of living, Grandview has an overall cost of living index of 87, which is 0.9x lower than the national index of 100.
Compared to Missouri, Grandview has a cost of living index that's 1.0x lower than Missouri's index of 89.
The standard of living in Grandview ranks as #55 most affordable out of the 143 places we measured in Missouri. By definition, that implies Grandview ranks as the #88 most expensive place in the Show Me State.
For more reading on life in Grandview, check out:
- Living In Grandview
- Grandview Crime Report
- Search Homes For Sale In Grandview, MO
In Missouri
In America
Grandview Cost Of Living Vs. Missouri
Six factors go into calculating the cost of living index in Grandview. Here is how it fairs on each of the criteria:
The Services index in Grandview is 99.
The Groceries index in Grandview is 92.
The Health index in Grandview is 99.
The Housing index in Grandview is 64.
The Transportation index in Grandview is 93.
The Utilities index in Grandview is 98.
| Living Expense | Grandview | Missouri | National Average | |
|---|---|---|---|---|
| Overall | 87 | 89 | 100 | |
| Services | 99 | 92 | 100 | |
| Groceries | 92 | 96 | 100 | |
| Health | 99 | 88 | 100 | |
| Housing | 64 | 79 | 100 | |
| Transportation | 93 | 95 | 100 | |
| Utilities | 98 | 95 | 100 | |
Grandview, MO Housing Cost Breakdown
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 Grandview is $127,200.
The Median Rent in Grandview is $865.
The Median Income in Grandview is $48,233.
The Home Value To Income in Grandview is 2.6x.
The Rent To Monthly Income in Grandview is 0.22x.
| Statistic | Grandview | Missouri | United States |
|---|---|---|---|
| Median Home Value | $127,200 | $171,800 | $244,900 |
| Median Rent | $865 | $886 | $1,163 |
| Median Income | $48,233 | $61,043 | $69,021 |
| Home Value To Income | 2.6x | 2.8x | 3.5x |
| Rent To Monthly Income | 0.22x | 0.17x | 0.2x |
Median Home Value
Median Rent
Median Income
Grandview, MO Costs By Category
Detailed Grandview Services Costs Vs. Missouri
Detailed Grandview Groceries Costs Vs. Missouri
Detailed Grandview Health Costs Vs. Missouri
Detailed Grandview Transportation Costs Vs. Missouri
Detailed Grandview Utilities Costs Vs. Missouri
Grandview SnackAbility
/10
Cost Of Living In Cities Around Grandview
The cost of living varies in the cities and towns around Grandview. Here's a quick look at the cost of living in the most populous nearby places:
Overland Park, KS has a cost of living index of 106, 1.2x Grandview.
Olathe, KS has a cost of living index of 101, 1.2x Grandview.
Lee's Summit, MO has a cost of living index of 101, 1.2x Grandview.
| City | Population | Cost Of Living | Vs. Grandview |
|---|---|---|---|
| Overland Park, KS | 195,249 | 106 | 1.2x |
| Olathe, KS | 140,339 | 101 | 1.2x |
| Lee's Summit, MO | 100,772 | 101 | 1.2x |
| Lenexa, KS | 56,755 | 105 | 1.2x |
| Leawood, KS | 33,748 | 126 | 1.4x |
| Raytown, MO | 29,893 | 87 | 1.0x |
| Belton, MO | 23,832 | 90 | 1.0x |
| Raymore, MO | 22,722 | 101 | 1.2x |
| Pleasant Hill, MO | 8,673 | 97 | 1.1x |
| Spring Hill, KS | 7,883 | 96 | 1.1x |
