Platte County · Missouri · Midwest · 511k residents
Kansas City, MO: economy, jobs & business costs
The site-selection read on Kansas City: labor costs, talent, corporate tax, energy, and business activity, with the Missouri median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: Curated city row; coverage varies by fact.
Average weekly wages in the surrounding labor market run $1,157/wk. Missouri's corporate income tax rate is 4%. Commercial electricity averages 10.3¢/kWh.
Compare Kansas City side by side
Avg. weekly wage
$1,157/wk
Corporate income tax
4%
Bachelor's degree or higher
38.4%
Commercial electricity
10.3¢/kWh
Economic momentum
How fast Kansas City's economy is moving, ranked against the US cities we track.
58/100
Steady
Ranks Kansas City's jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| Median home value | $260,000 |
| Price per sq. ft. | $165 |
| Property tax rate | 1.35% |
| 1-bedroom rent | $1,150/mo |
| 2-bedroom rent | $1,400/mo |
| State & local income tax | 3.95% |
| Sales tax | 8.85% |
| Corporate income tax | 4% |
| Avg. weekly wage | $1,157/wk |
| Bachelor's degree or higher | 38.4% |
| Commercial electricity | 10.3¢/kWh |
| Businesses per 1k residents | 28.5/1k |
| Wage: Software developer | $124,990 |
| Wage: Registered nurse | $83,040 |
| Wage: General manager | $90,490 |
| Wage: Customer service | $44,350 |
| Wage: Warehouse worker | $36,850 |
| Wage: Heavy truck driver | $60,170 |
| Wage: Electrician | $76,860 |
| Wage: Retail salesperson | $34,320 |
| Cost of living index | 89 |
| Groceries index | 95 |
| Utilities | $165/mo |
| Transit pass | $0/mo |
| Gas price | $2.80/gal |
| Healthcare index | 95 |
| Childcare (per child) | $1,050/mo |
| Median household income | $65,000 |
| Unemployment rate | 3.7% |
| Population | 511k |
| Crime index | 58/100 |
| School rating | 5.5/10 |
| Walkability | 36/100 |
| Disaster risk | 71/100 |
| Avg. commute | 23 min |
| Sunny days / year | 215 days |
| July high | 90°F |
| January low | 22°F |
| Annual snowfall | 11 in |
| Home price YoY | +1.0% |
| Home price MoM | -0.1% |
| Rent YoY | +3.8% |
| Rent MoM | +0.5% |
| Employment (jobs) YoY | +0.6% |
| Building permits YoY | — |
| Ocean coast | 647 mi |
| Big lake | 97 mi |
| Mountains | 240 mi |
| Major airport | 8 mi |
| Ski resort | 219 mi |
Popular comparisons
Nearby
- Gladstone, MO · 27k
- Liberty, MO · 31k
- Independence, MO · 122k
- Raytown, MO · 29k
- Blue Springs, MO · 60k
Similar size
- St. Louis, MO · 289k
- Springfield, MO · 170k
- Columbia, MO · 129k
- Lee's Summit, MO · 104k
- O'Fallon, MO · 94k
Real listings in Kansas City
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Kansas City a good place to run a business?
- Missouri's corporate income tax rate is 4%; average weekly wages in the surrounding labor market run $1,157/wk; commercial electricity averages 10.3¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Kansas City, MO?
- Kansas City indexes at 89 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,400/mo and a median home value of $260,000.
- How much does a house cost in Kansas City?
- The median home value in Kansas City is $260,000 (compiled estimate; individual listings vary).
- How much is rent in Kansas City?
- A two-bedroom in Kansas City rents for about $1,400/mo.