Raytown, MO vs Smithville, MO

Raytown, MO and Smithville, MO have a very similar cost of living, with only a 2.2% difference in their overall index. Raytown scores 83 while Smithville scores 85 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Raytown is $1,213/month compared to $977/month in Smithville — a 24% difference. Interestingly, home values tell a different story: while Smithville has cheaper rent, Raytown actually has lower median home values ($162,000 vs $272,500).

Median household income in Raytown is $67,227 compared to $99,925 in Smithville (-32.7%). While Smithville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Raytown spend roughly 21.7% of their income on rent, more than the 11.7% in Smithville.