Olivette, MO vs Raymore, MO

There is a significant gap in the cost of living between these two cities. Raymore is 18.9% cheaper than Olivette. With a cost index of 98 vs 116, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Raymore to Olivette should plan for substantially higher expenses across most categories.

On the housing front, median rent in Olivette is $1,515/month compared to $1,283/month in Raymore — a 18% difference. Home values follow the same pattern: Raymore is more affordable at $318,000 median vs $450,100.

Median household income in Olivette is $105,898 compared to $103,158 in Raymore (+2.7%). Olivette does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Olivette spend roughly 17.2% of their income on rent, more than the 14.9% in Raymore.