Kansas City is the largest city in the state of Missouri. It is known as the anchor city of the Kansas City metropolitan area, which also straddles the Kansas-Missouri border. Kansas City was founded in the 1830s as a port town at the confluence of the Missouri and Kansas rivers. The city became a major transportation hub during the westward expansion of the United States, and it was once known as the “Queen City of the West.” Today, Kansas City is home to a diverse population and a vibrant culture. The city is known for its art scene, tasty barbecue, and role in jazz history. Whether you’re residing for business or peace, Kansas City has something to offer everyone.
Kansas City is a big city with plenty of opportunities for anyone looking to start or grow their career. But how much does it cost to live in the city? And what salary do you need to make to call Kansas City home comfortably? In this article, you can find out.
Where Does Your Salary Go Living in Kansas City?
If you’re like most people, a large chunk of your salary goes towards housing. That means you’re spending about 30% of your income on housing.
Of course, housing isn’t the only expense you have to worry about. If you have a car, you’ll need to budget for gas, insurance, and repairs. And then there are the more mundane costs of everyday life, like groceries, utilities, and transportation. Healthcare, childcare, and taxes are also high costs that add up. All told, it’s not surprising that so many people find it difficult to save money.
Costs of Real Estate
Despite its relatively small size, Kansas City is a major metropolis with a rich history and a diverse population. The city is home to numerous corporations and cultural attractions, and its central location makes it a popular choice for businesses and residents alike. The real estate market in Kansas City is strong, with prices remaining steady even during economic downturns. A wide range of housing is available, from luxurious apartments to sprawling suburban homes.
There are several attractive neighborhoods to choose from, each with its unique character. The Plaza is a historic district known for its high-end shops and restaurants. Downtown is the city’s financial and cultural center, home to corporate offices, museums, and theaters. Midtown is a lively area with a diverse population and a vibrant nightlife scene. And then there are the suburbs, which offer a more tranquil setting for families.
Whatever your budget or lifestyle, you’re sure to find a place to call home in Kansas City.
If you’re planning on moving to Kansas City, you’ll need to factor in the cost of transportation. The city is served by several highways, making it easy to get around by car. Gas prices are 1% lower than the national average for those who prefer to drive. The average cost of gas is $4.04 per gallon. However, traffic can be heavy during rush hour, so you may consider using public transportation instead.
The Kansas City Area Transportation Authority (KCATA) operates the city’s public transportation system. The system includes buses, streetcars, and a light rail system. A one-way fare on the bus or streetcar costs $1.50, and a monthly pass is $50.
If you’re moving to Kansas City from out of state, you may consider renting a car or using a ride-sharing service like Uber or Lyft. The regular cost of riding in a taxi is $2.50 for the basic fare.
When you’re budgeting for your move to Kansas City, don’t forget to factor in the cost of taxes. The city has a sales tax of 6.50%, and the property taxes are also relatively high, with a median rate of 1.37% for a 100% assessed value. The income tax rate is between 3.25% to 5.7%.
Taxes are important to pay because they fund the services and programs we all rely on. From the roads we drive on to our children’s schools, nearly every aspect of our lives is made possible by taxes. In addition, taxes help ensure that everyone contributes their fair share to the upkeep of society. For example, property taxes help pay for things like road maintenance and public safety. Income taxes help to fund social programs like healthcare and food assistance.
Residents and companies in Kansas City may count on several services from the city. From electricity to sewage services, there is plenty to choose from. The average monthly bill for electricity is $166.27. These are 8% higher than the national average.
You can save money on your utility bills by making energy-efficient upgrades to your home. For example, you can install energy-efficient windows and insulation to help keep your home warm in the winter and cool in the summer. You can also switch to energy-efficient appliances, like a washing machine with less water and an energy-efficient refrigerator.
In addition to saving money on your utility bills, you’ll also be doing your part to help the environment. Energy-efficient upgrades can help to reduce your carbon footprint and make a positive impact on the planet.
Cost of Healthcare
If you’re moving to Kansas City, you’ll need to ensure you have access to quality healthcare. The city is home to a number of hospitals and clinics and a variety of specialists.
Some of the top hospitals in Kansas City include Saint Luke’s Hospital, Truman Medical Centers, and Children’s Mercy Hospital. You can also find a number of smaller clinics and private practices throughout the city.
When it comes to healthcare, it’s important to have access to quality care. That’s why it’s important to research your options and find a provider that you trust. With so many options available in Kansas City, you’re sure to find a healthcare provider that meets your needs.
Kansas City offers a variety of child care options to fit the needs of families. Several daycare centers provide quality care for infants and toddlers for parents who work full-time. These centers are staffed by experienced caregivers trained in early childhood development. For working parents who need more flexible child care arrangements, there are also a number of in-home child care providers who offer hourly or daily rates. These providers can create custom schedules that fit the needs of each family. In addition, many Kansas City preschools offer before- and after-school programs that provide safe and reliable child care for school-aged children. With so many choices available, parents in Kansas City can find the perfect childcare solution for their families. The average cost of childcare services in Kansas City is approximately $9,454/year
Food is one of the biggest expenses for families, and the cost of food can vary depending on where you live. The cost of food in Kansas City is relatively affordable compared to other major cities in the United States. In Kansas City, the average cost of groceries is similar to the national average. This includes bread, milk, meat, vegetables, and fruit.
Of course, the actual cost of food will vary depending on the size of your family and you’re eating habits. If you eat out often or buy convenience foods, you can expect to spend more on food than a family who cooks most of their meals at home. Some of the best restaurants include Bluestem, The Farmhouse, and Rye.
A meal at a mid-range restaurant: $70 for 2 People
McMeal at McDonald’s (or Equivalent Combo Meal): $9
There are a few other costs to consider when moving to Kansas City. These include entertainment and personal care. Entertainment and personal care are two important aspects of any budget, and Kansas City residents are lucky to have many great options for both. For entertainment, movie tickets can be found for a reasonable price at most theaters, and several discount movie theaters offer cheaper tickets. For personal care, several gyms and fitness centers offer monthly memberships, and many of them also offer discounts for students and seniors. In addition, there are several things to do in Kansas City that are free or low-cost, such as visiting one of the city’s many parks or taking a walk along the riverfront.
• A movie ticket: $12.00
• Avg. cost of tennis court rent: $14.25/hour
• Monthly gym membership: $56.77
Understanding the Job Market in Kansas City
The Kansas City job market is booming, with various industries looking for workers. Healthcare, technology, and manufacturing are just a few of the hiring sectors in the area. And with the city’s low cost of living, it’s an attractive option for job seekers. The unemployment rate in Kansas City is below the national average, and wages are rising. In addition, there are many opportunities for career advancement in the city. With its strong economy and growing population, Kansas City is an excellent place to start or continue your career. Some of the employers who provide employment include:
Children’s Mercy Hospital
Saint Luke’s Health System
Internal Revenue Service
City of Kansas City, Missouri
Truman Medical Centers
Burns & McDonnell
Research Medical Center
University of Missouri-Kansas City
Hallmark Cards, Inc.
Federal Reserve Bank of Kansas City
Kansas City Public Schools
How Much Should You Earn to Live Comfortably Well In Kansas City?
The cost of living in Kansas City is relatively affordable compared to other major cities in the United States. To live comfortably in Kansas City, it is recommended that you earn a salary of at least $68,000 per year. This salary will allow you to cover your basic expenses, including food, housing, transportation, and personal care. You will also have some money left over each month to cover your entertainment and recreation expenses with this salary. If you want to live a more luxurious lifestyle in Kansas City, you will need to earn a higher salary. However, it is possible to live comfortably on a lower salary if you are willing to make some sacrifices. For example, you may need to live in a smaller home or apartment, or you may need to cook more meals at home instead of eating out. Whatever your budget is, it is possible to find a good place to live in Kansas City.
According to the US Department of Labor, a single person without dependents must earn $16.75 per hour to live comfortably in Kansas City. If only one adult is employed, the required hourly compensation for two adults with one child is $32.01.The cost of living for two parents with two children is $23.08 if they’re both working.
Kansas City is a great place to live for those looking for an affordable cost of living. The city offers a variety of job opportunities, and the wages are on the rise. In addition, there are many things to do in Kansas City that are free or low-cost. However, if you want to live a more luxurious lifestyle, you will need to earn a higher salary. Whatever your budget is, it is possible to find a good place to live in Kansas City.
Frequently Asked Questions
How much does it cost to live in Kansas City?
The cost of living in Kansas City is low. The cost of living in Kansas City is 0% lower than the national average.
How much should you earn to live comfortably in Kansas City?
If you want to live comfortably in Kansas City, you’ll need to earn a salary of at least $68,000 per year.
What is the cost of living for a single person in Kansas City?
The cost of living for a single person in Kansas City is $902 per month without rent.
Alex Sherr is the founder of My Long Distance Movers, a blog that provides moving information and resources for people who are relocating. He has more than two decades of experience in the moving and relocation industry, and he is passionate about helping people relocate smoothly and efficiently. When he's not writing or blogging, Alex enjoys spending time with his wife and two young children.