Cost of Living in Parkville, MO

Get 300+ Local Insights for Any Address in Parkville, MO

Get Access to 300+ Local Data Points
F
23%
Overall NAT. AVG.
2%
Groceries NAT. AVG.
89%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Parkville Missouri National
Cost of living12390100
Groceries9996100
Health care9497100
Housing18977100
Transportation9796100
Utilities9295100
Lifestyle & Entertainment9695100
Household Items9697100
Education & Childcare8895100
Does this Area Fit Your Budget? Local Insights Report
  • Know the community before you call it home
  • Compare multiple areas side by side
  • Access over 300 data points for any address
Local Insights Report

Homes For Sale In Parkville, MO

property for sale

5874 S National Dr

Kansas City, MO
property for sale

5587 Thousand Oaks Dr

Kansas City, MO
property for sale

5653 Gresham Cir

Parkville, MO
property for sale

5898 S National Dr

Kansas City, MO
See the Newest Homes For Sale In Parkville, MO

Cost Of Living Quick Facts

  • The cost of living in Parkville is 36% higher than the Missouri average
  • The cost of living in Parkville is 23% higher than the national average
  • Parkville housing is 89% higher than the national average
  • Missouri general sales tax is 17% lower than the national average
  • Missouri state income tax is 23% lower than the national average

Most Affordable Places to Live in and Around Parkville

See all the best places to live around Parkville

Compare Parkville, MO Cost of Living

City Image
    City Default Image
      vs
      How would you rate the cost of living in Parkville?
      Write a review to give others more information about this area.
      Is the cost of living increasing or decreasing in Parkville?
      Write a review to give others more information about this area.
      See all Parkville poll results

      The best places in Missouri

      Here are the best places to live in MissouriMost Dangerous Cities In The USCheck out the 10 most dangerous cities in MissouriCheck out the 10 safest cities in Missouri
      Best Places in Missouri

      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$247,540$20,628$5,776$7,427
      Renters$82,155$6,846$1,917$2,465
      The percentage of monthly income spent on housing related expenses can help predict the affordability of housing in Parkville, MO, as well as what the overall cost of living might be. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payments and not more than 36 percent of income on all expenses and debts. In Parkville, homeowners have a median income of $247,540. Using that number, a maximum of $5,776 per month should be allocated to housing expenses. For those who are renting instead of owning, the median income is $82,155, which means there is a maximum of $1,917 to be spent on the costs of renting a home or apartment.

      Missouri Sales Tax

      State General Sales Tax With Max Surtax
      Missouri 4.225% 10.85%

      Missouri Income Tax

      State Income Tax (Low) Income Tax (High)
      Missouri 2% 4.95%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Ferrelview, MO6228218.1%
      Randolph, MO298415.8%
      Sugar Creek, MO3,3848514.7%
      Kansas City, KS156,3378613.7%
      Claycomo, MO1,8278812.2%
      Parkville, MO7,39812323.3%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Tell City, IN7,3968316.8%
      Dunellen, NJ7,40112322.7%
      Inverness Highlands South, FL7,394982.5%
      Saint-Joseph-du-Lac, QC7,402n/a 
      Huntertown, IN7,404981.5%
      Parkville, MO7,39812323.3%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
      General
      For Professionals
      Follow Us
      AV on Twitter AV on Facebook
      © AreaVibes Inc. 2010-2026