Cost of Living in Blue Summit, MO
Population: 1,145 | Missouri
Blue Summit is 31% less expensive than the national average.
Cost of Living in Blue Summit, MO: What You Need to Know
With a cost of living index of 69, Blue Summit, MO is one of the most affordable cities in the country. Living here is 31% cheaper than the national average and 5% below the Missouri state average of 75. Blue Summit is a small community of 1,145 residents.
Housing costs are the biggest factor in Blue Summit's cost of living. The median monthly rent is $1,111 (16% below the US median of $1,319), and the median home value sits at $34,900 (89% below the national median of $304,900). At current prices, the median home costs roughly 0.6x the median household income — well within traditional affordability guidelines.
The median household income in Blue Summit is $57,016, which is 24% lower than the national median of $75,149. Residents spend roughly 23% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. 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.
Income
- Median Household Income
- $57,016
- vs US Median ($75,149)
- -24%
Housing
- Median Rent
- $1,111/mo
- Median Home Value
- $34,900
- Median Monthly Housing Cost
- $693/mo
Everyday Prices in Blue Summit
BLS Average Prices for the Kansas City, MO-KS (Metropolitan Statistical Area) area