Everything else equal, I think we can all agree that living in a cheaper place is better than living in a more expensive place.
I’d much rather pay $500/mo in rent than $1,000. And I’d rather pay $2 for coffee than $5.
And while every neighbhorhood in Kansas City might be more expensive than living in rural Missouri, there are certain neighborhoods that are definitely cheaper.
So what exactly are those Kansas City neighborhoods where your dollar goes a little further — you can get that one bedroom instead of the studio?
Instead of relying on public opinion and speculation, we wanted to get the facts straight and find out which neighborhoods in Kansas City are the cheapest.
What’s the cheapest neighborhood to live in Kansas City for 2020? According to the most recent census data, Norble And Gregory Ridge looks to be the cheaptest Kansas City neighborhood to live in.
At this point we should make it clear that you do get what you pay for — some of these neighborhoods might not be the best places to live in Kansas City. You could be sacrificing location or crime rates in return for more space and cheaper groceries.
Read on to see how we determined the places around Kansas City that deserve a little bragging rights or maybe you’re interested in the worst neighborhoods in Kansas City.
Once you’re done, you can look at the bottom of the story for a complete chart of every neighborhood we looked at from cheapest to most expensive.
For more Missouri reading, check out:
- Best Places To Live In Missouri
- Best Counties To Live In Missouri
- Cheapest Cities To Live In America
- Cheapest States To Live In America
How We Determined The Cheapest Kansas City Hoods In 2020
In order to rank the cheapest places to live in Kansas City, we had to determine what criteria defines “cheap”.
- Overall Cost Of Living
- Rent To Income Ratio
- Median Home Value To Income Ratio
We then ranked each neighborhood with scores from 1 to 131 in each category, where 1 was the cheapest.
Next, we averaged the rankings for each neighborhood to create a cheap neighborhood index.
And finally, we crowned the neighborhood with the lowest cheapest neighborhood index the “Cheapest City Neighborhood In Kansas City.” We’re lookin’ at you, Norble And Gregory Ridge.
Read on below to learn more about what it’s like to live in the cheapest places Kansas City. Or skip to the end to see the list of all the neighborhoods in the city from cheapest to most expensive.
The 10 Cheapest Neighborhoods To Live In Kansas City For 2020
The median income in Norble And Gregory Ridge comes in at $35,777 and the median home value is $37,400 for 2020.
The median income in West Blue Township comes in at $41,159 and the median home value is $76,400 for 2020.
The median income in Oak Park Southwest comes in at $33,735 and the median home value is $19,150 for 2020.
The median income in Cunningham Ridge comes in at $41,159 and the median home value is $76,400 for 2020.
The median income in South Town Fork Creek comes in at $32,522 and the median home value is $55,200 for 2020.
The median income in Foxtown East comes in at $42,372 and the median home value is $48,400 for 2020.
The median income in Legacy East comes in at $29,784 and the median home value is $46,500 for 2020.
The median income in Brown Estates comes in at $41,351 and the median home value is $84,700 for 2020.
The median income in Palestine West And Oak Park Northeast comes in at $41,050 and the median home value is $45,200 for 2020.
The median income in Northest Industrial District comes in at $26,500 and the median home value is $18,000 for 2020.
Summing Up The Cheapest Places In Kansas City
If you’re measuring the neighborhoods in Kansas City where prices are low and it’s cheap to live, this is an accurate list.
As we mentioned earlier, the neighborhoods in Kansas City aren’t all cheap. Blue Hills Estates takes the title of the most expensive neighborhood to live in Kansas City.
We ranked the neighborhoods from cheapest to most expensive in the chart below.
For more Missouri reading, check out:
- Cheapest Places To Live In Missouri
- Best Places To Raise A Family In Missouri
- Best Places To Retire In Missouri
- Richest Cities In Missouri
- Safest Places In Missouri
- Worst Places To Live In Missouri