The cost of living in 64125 Kansas City, MO is quite reasonable. The average two bedroom rent comes in at $940, which is almost 35% less than the national average of $1,430. Grocery costs are also lower in 64125 Kansas City, MO than the US; the Grocery Cost Index is 90 compared to 100 nationwide. There are a number of local companies and businesses that make up this city’s economy. Notable employers include St. Luke’s Hospital of Kansas City, Hallmark Cards, Inc., DST Systems Inc., Cerner Corporation, H & R Block Corporate Headquarters, BNIM Architects, Parallon Business Solutions and many more. The city has seen an increase in tech start-ups as well as eCommerce and retail businesses over the last several years—a trend that is expected to continue into the future.
Kansas City (zip 64125) has an unemployment rate of 5.3%. The US average is 6.0%.
Kansas City (zip 64125) has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 32.5%, which is lower than the US average of 33.5%.
Tax Rates for Kansas City (zip 64125)
- The Sales Tax Rate for Kansas City (zip 64125) is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Kansas City (zip 64125) is 6.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Kansas City (zip 64125)
- The average income of a Kansas City (zip 64125) resident is $9,864 a year. The US average is $28,555 a year.
- The Median household income of a Kansas City (zip 64125) resident is $35,982 a year. The US average is $69,021 a year.