Raytown, MO vs Troy, MO

Raytown, MO and Troy, MO have a very similar cost of living, with only a 0.2% difference in their overall index. Raytown scores 83 while Troy scores 83 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 $1,051/month in Troy — a 15% difference. Interestingly, home values tell a different story: while Troy has cheaper rent, Raytown actually has lower median home values ($162,000 vs $212,100).

Median household income in Raytown is $67,227 compared to $75,777 in Troy (-11.3%). Troy offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Raytown spend roughly 21.7% of their income on rent, more than the 16.6% in Troy.