Housing costs in Raymore?
A typical home costs
$304,800, which is 9.8% less expensive than the national average of
$338,100 and 43.6% more expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Raymore costs
$1,340 per month, which is 6.3% cheaper than the national average of
$1,430 and 29.1% more than the state average of
$950.
Can I afford Raymore?
To live comfortably in Raymore, Missouri, a minimum annual income of
$58,320 for a family, and
$46,000 for a single person is recommended.
What does A.I. say about Raymore?
The cost of living in Raymore, MO is considered to be quite reasonable compared to other areas in the country. The overall cost of living is 8% lower than the national average and the median home value is over $188,000. The area also offers a low unemployment rate at around 4.9%, helping to keep general costs down. Utilities are also quite affordable with an average electric bill being approximately $95 per month. All these factors make Raymore, MO an attractive area for people who are looking for a place with an excellent quality of life at a reasonable price.