Chesterfield, MO vs Lee's Summit, MO
There is a significant gap in the cost of living between these two cities. Lee's Summit is 17.6% cheaper than Chesterfield. With a cost index of 100 vs 118, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lee's Summit to Chesterfield should plan for substantially higher expenses across most categories.
On the housing front, median rent in Chesterfield is $1,553/month compared to $1,382/month in Lee's Summit — a 12% difference. Home values follow the same pattern: Lee's Summit is more affordable at $313,200 median vs $458,000.
Median household income in Chesterfield is $133,380 compared to $104,989 in Lee's Summit (+27%). While Chesterfield is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Chesterfield spend roughly 14% of their income on rent, less than the 15.8% in Lee's Summit.
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