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Cost of Living in Grandview, MO

Population 26,527 · Census ACS 2020–2024 5-year estimates

Median rent$1,035
Median home value$188,500
Median household income$53,447

The median rent in Grandview, MO is $1,035/month, about the same as the Missouri median and 27% lower than the U.S. median. The median home value is $188,500, 43% lower than the national median. Households earn a median of $53,447 a year, 24% lower than the state median.

Affordability

Rent as a share of median income: 23.2%
Income needed for median rent (30% rule): $41,400/yr
Home price-to-income ratio: 3.5×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $953/mo

Run your own numbers: mortgage calculator · hourly to salary

Grandview vs. Missouri vs. U.S.

GrandviewMissouriU.S.
Median rent$1,035$1,033$1,413
Median home value$188,500$230,300$332,700
Median household income$53,447$70,702$80,734
Homeownership rate49.1%68.1%65.2%
Bachelor's degree or higher25.5%32.4%35.7%
Poverty rate17.9%12.6%12.5%
Unemployment rate6.2%4.0%5.2%
Work from home16.2%13.0%15.1%
Median age34.739.038.9

FAQ

What is the average rent in Grandview, MO?

The median gross rent in Grandview, MO is $1,035 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Grandview, MO?

Using the common 30% rule, renting a median-priced home takes about $41,400 a year in gross income.

Is Grandview, MO expensive to live in?

Rent there is 27% lower than the U.S. median, and the median home costs about 3.5 times the median household income.

Other cities in Missouri

Kansas City, MORent $1,238 · Income $69,166St. Louis, MORent $997 · Income $56,160Springfield, MORent $964 · Income $49,311Columbia, MORent $1,097 · Income $66,498Independence, MORent $1,109 · Income $60,339Lee's Summit, MORent $1,422 · Income $102,531

Cities with a similar cost of living

Pharr, TXRent $1,037 · Income $52,814Holyoke, MARent $1,021 · Income $53,605Alton, TXRent $1,038 · Income $52,715Rome, GARent $1,032 · Income $54,435El Centro, CARent $1,052 · Income $53,082Socorro, TXRent $1,032 · Income $54,744

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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