Parkville, MO vs Raymore, MO

Raymore is moderately more affordable than Parkville, with a 13.7% lower cost of living index. Parkville scores 111 compared to 98 for Raymore, where the US average is 100. This difference means residents of Parkville can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Parkville is $1,078/month compared to $1,283/month in Raymore — a 16% difference. Interestingly, home values tell a different story: while Parkville has cheaper rent, Raymore actually has lower median home values ($318,000 vs $557,100).

Median household income in Parkville is $170,794 compared to $103,158 in Raymore (+65.6%). While Parkville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Parkville spend roughly 7.6% of their income on rent, less than the 14.9% in Raymore.