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Oak Grove, MO vs Raymore, MO

79
Oak Grove
Missouri
VS
-19.3%
98
Raymore
Missouri

There is a significant gap in the cost of living between these two cities. Oak Grove is 19.3% cheaper than Raymore. With a cost index of 79 vs 98, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Oak Grove to Raymore should plan for substantially higher expenses across most categories.

On the housing front, median rent in Oak Grove is $1,007/month compared to $1,283/month in Raymore — a 22% difference. Home values follow the same pattern: Oak Grove is more affordable at $190,800 median vs $318,000.

Median household income in Oak Grove is $73,237 compared to $103,158 in Raymore (-29%). While Raymore is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Oak Grove spend roughly 16.5% of their income on rent, more than the 14.9% in Raymore.

Income & Cost

Cost of Living Index
Oak Grove
79
19% cheaper
Raymore
98
Median Household Income
Oak Grove
$73,237
Raymore
$103,158
29% higher

Housing

Median Rent
Oak Grove
$1,007
22% cheaper
Raymore
$1,283
Median Home Value
Oak Grove
$190,800
40% cheaper
Raymore
$318,000
Population
Oak Grove
8,477
Raymore
23,849

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Oak Grove $2.96
Raymore $2.96
US $3.07
🥚
Eggs (grade A, large)
Oak Grove $2.41
Raymore $2.41
US $2.50
🥛
Milk (whole)
Oak Grove $3.89
Raymore $3.89
US $4.03
🍞
Bread (white)
Oak Grove $1.79
Raymore $1.79
US $1.85
🍗
Chicken breast
Oak Grove $4.00
Raymore $4.00
US $4.14
Electricity
Oak Grove $0.17
Raymore $0.17
US $0.19