Quality of Life in Kansas City, MO for a $273,000 Annual Income

Cost of Living

• Affordability: Kansas City generally offers a lower cost of living compared to many U.S. cities. With an income of $273,000, an individual would find themselves very comfortable.
• Comparison to National Average: The cost of living in Kansas City is around 8-10% lower than the national average, providing more purchasing power for residents.

Housing Market

• Median Home Price: The median home price in Kansas City hovers around $260,000, which is significantly lower than the national median.
• Housing Affordability: With an income of $273,000, homeownership is easily achievable, allowing for options in desirable neighborhoods and potentially larger properties.
• Real Estate Market: The market is generally favorable with a variety of housing options, from apartments in urban areas to single-family homes in suburban settings.

Quality of Life

• Standard of Living: High standard of living is possible with numerous leisure and cultural activities, dining options, and community events.
• Community and Lifestyle: Kansas City has a vibrant community with friendly neighborhoods and a strong sense of local culture, including arts, music, and sports.

Access to Healthcare

• Healthcare Facilities: The city houses several top-rated hospitals and healthcare providers, ensuring access to quality medical services.
• Healthcare Costs: Generally reasonable compared to national standards, making it affordable even for those with average insurance plans.

Quality of K-12 Schools

• Public Schools: Kansas City offers a mix of quality public schools, with several districts highly rated for their academic standards and extracurricular activities.
• Private and Charter Options: Numerous private and charter schools provide alternatives for diverse educational needs and preferences.

Overall Assessment

Living in Kansas City, MO, with an annual income of $273,000 allows individuals and families to enjoy a high quality of life. The cost of living is favorable, with affordable housing and access to excellent healthcare and education. The city offers a balanced lifestyle with cultural amenities and community engagement opportunities, making it an attractive location relative to broader U.S. living standards.