Quality of Life in Kansas City, MO: Income and Cost of Living Analysis
Income Overview
- Annual Income: $73,875
- Comparison to Median Household Income: Slightly above the U.S. median, which is around $70,000.
Cost of Living
- Overall Cost of Living:
- Below the national average.
- Affordable compared to many larger metro areas.
- Groceries and Utilities:
- Generally aligned with the national average.
- Slight savings can be noticed in transportation costs due to shorter commutes and less congestion.
Housing Market
- Median Home Price:
- Significantly lower than the national median, making homeownership more accessible.
- Housing options range from historical homes to modern condos.
- Rental Costs:
- Competitive rent prices, particularly for one-bedroom and two-bedroom apartments.
Quality of Life
- Community and Culture:
- Vibrant arts scene, including theaters, galleries, and live music.
- Known for its barbecue culture and a diverse food scene.
- Recreation and Entertainment:
- Numerous parks and outdoor spaces.
- Professional sports teams and a variety of cultural events.
Access to Healthcare
- Healthcare Facilities:
- Several top-ranked hospitals and medical facilities.
- Generally good access to healthcare professionals.
- Health Insurance Costs:
- Typically lower than the national average, though individual costs can vary significantly.
Quality of K-12 Schools
- Public Education:
- Varies widely across different neighborhoods.
- Some schools receive high ratings for academics and extracurricular activities.
- Private and Charter Schools:
- Available with a range of educational approaches, providing options for families seeking alternatives.
Summary of Assessment
Living in Kansas City, MO, on an income of $73,875 offers a comfortable quality of life. The cost of living is relatively low, particularly in terms of housing, allowing for savings or discretionary spending on entertainment and dining. Education offers a range of quality options, although it can differ by area. Healthcare access remains strong, contributing to a balanced and satisfying lifestyle. Overall, Kansas City is an attractive option for individuals and families seeking affordability without sacrificing access to amenities and cultural experiences.
