Overview
Living in Kansas City, MO, with an annual income of $113,475 offers a favorable quality of life compared to many other parts of the United States. This income significantly exceeds the median household income, providing a comfortable lifestyle.
Cost of Living
- Housing Costs: Kansas City is known for its relatively affordable housing market. The average home price is below the national average, allowing for spacious living without extreme financial strain.
- Utilities and Groceries: Utilities and grocery prices align closely with national averages, making everyday living expenses manageable.
- Transportation: Public transportation options exist, though many residents prefer personal vehicles. Gas prices and insurance rates are moderate compared to other cities.
- Taxes: Missouri has a state income tax, but overall tax rates remain reasonable, making it easier to maintain financial stability.
Housing Market
- Buyer-Friendly Market: The real estate market is considered favorable for buyers, with a variety of housing options from modern apartments to family homes.
- Suburban Options: Many choose suburban living for larger properties and a more community-focused lifestyle.
- Investment Potential: With the city continuously developing, purchasing property here offers potential long-term investment benefits.
Quality of Life
- Community and Culture: Kansas City boasts a vibrant cultural scene with a rich history in jazz music and art. Community events and festivals are frequent, enhancing quality of life.
- Recreation and Dining: A diverse range of recreational activities and an emerging dining scene provide entertainment and leisure options.
- Safety: While some areas experience higher crime rates, many neighborhoods are considered safe and family-friendly.
Access to Healthcare
- Healthcare Facilities: The city offers a broad spectrum of healthcare facilities, including several renowned hospitals.
- Healthcare Costs: The costs are comparable to national averages, with various options for quality care.
Quality of K-12 Schools
- Public Schools: Kansas City offers a mix of quality public schools, with some districts highly rated while others strive for improvement.
- Private and Charter Schools: Numerous private and charter school options exist, providing alternatives for tailored education.
Summary
Living in Kansas City, MO, with an income of $113,475 allows for a comfortable lifestyle due to lower-than-average housing costs, accessible healthcare, and a thriving cultural atmosphere. While transportation and some public schools may require careful consideration, the overall standard of living is high. Residents benefit
