Cost of Living in Gunn City, MO

With a cost of living index of 86, Gunn City, MO is a very affordable place to live. Living here is 14% cheaper than the national average and 12% above the Missouri state average of 75. Gunn City is a small community of 82 residents.

Housing costs are the biggest factor in Gunn City's cost of living. The median monthly rent is $1,438 (9% above the US median of $1,319), and the median home value sits at $125,000 (59% below the national median of $304,900). At current prices, the median home costs roughly 2.4x the median household income — well within traditional affordability guidelines.

The median household income in Gunn City is $52,500, which is 30% lower than the national median of $75,149. Residents spend roughly 33% of household income on rent. This exceeds the recommended 30% threshold, meaning many renters here are cost-burdened. 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.