Cost of Living in Baldwin Park, MO

With a cost of living index of 81, Baldwin Park, MO is a very affordable place to live. Living here is 19% cheaper than the national average and 7% above the Missouri state average of 75. Baldwin Park is a small community of 56 residents.

The median household income in Baldwin Park is $31,042, which is 59% lower than the national median of $75,149. Residents spend roughly 30% of household income on rent. This is near the 30% threshold that financial experts generally consider the upper limit of affordability. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Everyday prices in the Kansas City, MO-KS (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.