Kansas City, Missouri is a great place to live with a low cost of living. The average two bedroom rent in Kansas City is $1,140 per month which is significantly lower than the US average of $1,430. The grocery cost index in Kansas City is 97 compared to 100 nationally making groceries more affordable here as well. Major employers in the area include Sprint Nextel Corporation, Cerner Corporation, and H&R Block Inc. There are also many smaller businesses based in Kansas City that offer good job opportunities such as Midwest HD Supply Power Solutions and The J.M Smucker Company. With its low rents and grocery prices combined with plentiful job opportunities, Kansas City is an attractive option for people looking to settle down in an affordable city with plenty of potential for their future career prospects.
Kansas City (zip 64131) has an unemployment rate of 5.3%. The US average is 6.0%.
Kansas City (zip 64131) 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 64131)
- The Sales Tax Rate for Kansas City (zip 64131) is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Kansas City (zip 64131) 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 64131)
- The average income of a Kansas City (zip 64131) resident is $26,732 a year. The US average is $28,555 a year.
- The Median household income of a Kansas City (zip 64131) resident is $56,043 a year. The US average is $69,021 a year.