Chesterfield, MO vs Raymore, MO

There is a significant gap in the cost of living between these two cities. Raymore is 20.8% cheaper than Chesterfield. With a cost index of 98 vs 118, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Raymore 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 $1,283/month in Raymore — a 21% difference. Home values follow the same pattern: Raymore is more affordable at $318,000 median vs $458,000.

Median household income in Chesterfield is $133,380 compared to $103,158 in Raymore (+29.3%). 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 14.9% in Raymore.