Liberty, MO Cost Of Living

Demographics | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Liberty, MO Summary

Cost of living in Liberty research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Liberty is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Missouri, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

  • The cost of living index in Liberty is 94, with 100 being the average.

  • The cost of living index in Liberty is 0.9x lower than the national average.

  • Liberty ranks as the #100 cheapest in Missouri out of 143.

  • Liberty ranks as the #2,290 cheapest out of 6,412 in the US.

  • The median home value in Liberty is $206,800.

  • The median income in Liberty is $81,352.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
94
Liberty's Overall Cost Of Living
0.9x
Lower Than The National Average

What is the cost of living in Liberty, MO?

According to the most recent data on the cost of living, Liberty has an overall cost of living index of 94, which is 0.9x lower than the national index of 100.

Compared to Missouri, Liberty has a cost of living index that's 1.1x higher than Missouri's index of 89.

The standard of living in Liberty ranks as #100 most affordable out of the 143 places we measured in Missouri. By definition, that implies Liberty ranks as the #43 most expensive place in the Show Me State.

For more reading on life in Liberty, check out:

100 out of 143
In Missouri
2,290 out of 6,412
In America

Liberty Cost Of Living Vs. Missouri

Six factors go into calculating the cost of living index in Liberty. Here is how it fairs on each of the criteria:

  • The Services index in Liberty is 101.

  • The Groceries index in Liberty is 95.

  • The Health index in Liberty is 101.

  • The Housing index in Liberty is 86.

  • The Transportation index in Liberty is 95.

  • The Utilities index in Liberty is 99.

Living Expense Liberty Missouri National Average
Overall 94 89 100
Services 101 92 100
Groceries 95 96 100
Health 101 88 100
Housing 86 79 100
Transportation 95 95 100
Utilities 99 95 100
For more reading on cost of living around Missouri, check out:
Liberty Cost of Living Vs. MO

Liberty, MO Housing Cost Breakdown

Housing swings affordability the most between places in Missouri, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:

  • The Median Home Value in Liberty is $206,800.

  • The Median Rent in Liberty is $956.

  • The Median Income in Liberty is $81,352.

  • The Home Value To Income in Liberty is 2.5x.

  • The Rent To Monthly Income in Liberty is 0.14x.

Statistic Liberty Missouri United States
Median Home Value $206,800 $171,800 $244,900
Median Rent $956 $886 $1,163
Median Income $81,352 $61,043 $69,021
Home Value To Income 2.5x 2.8x 3.5x
Rent To Monthly Income 0.14x 0.17x 0.2x
Search Homes For Sale In Liberty, MO
$206,800
Median Home Value
$956
Median Rent
$81,352
Median Income

Liberty, MO Costs By Category

Detailed Liberty Services Costs Vs. Missouri

Item Liberty Missouri
Shampoo $1.02 $1.06
Movie $11.07 $10.68
Bowling $17.13 $14.67
Haircut $18.77 $18.62
Beauty Salon $38.27 $39.05

Detailed Liberty Groceries Costs Vs. Missouri

Item Liberty Missouri
Ground Beef $4.09 $4.22
Fried Chicken $1.92 $1.39
Milk $1.87 $2.05
Potatoes $2.8 $3.29
Pizza $10.16 $10.62
Beer $8.78 $9.38
Toothpaste $1.84 $2.34

Detailed Liberty Health Costs Vs. Missouri

Item Liberty Missouri
Optometrist $106.75 $108.57
Doctor $108.18 $116.17
Dentist $107.03 $99.13

Detailed Liberty Transportation Costs Vs. Missouri

Item Liberty Missouri
Gasoline $2.02 $2.22
Tire Balancing $47.94 $50.07

Detailed Liberty Utilities Costs Vs. Missouri

Item Liberty Missouri
All Electricity $157.13 $167.67
Phone $189.7 $175.64

Liberty SnackAbility

7
/10
Overall SnackAbility
Jobs
8.5/10
Housing
8
Affordability
8.5
Diversity
7
Safety
N/A
Amenities
8
Education
8.5
Commute
8

Cost Of Living In Cities Around Liberty

The cost of living varies in the cities and towns around Liberty. Here's a quick look at the cost of living in the most populous nearby places:

  • Blue Springs, MO has a cost of living index of 96, 1.0x Liberty.

  • Gladstone, MO has a cost of living index of 89, 0.9x Liberty.

  • Grain Valley, MO has a cost of living index of 93, 1.0x Liberty.

City Population Cost Of Living Vs. Liberty
Blue Springs, MO 58,265 96 1.0x
Gladstone, MO 26,825 89 0.9x
Grain Valley, MO 15,435 93 1.0x
Excelsior Springs, MO 10,595 89 0.9x
Kearney, MO 10,260 96 1.0x
Smithville, MO 10,211 95 1.0x
Parkville, MO 7,153 115 1.2x
Roeland Park, KS 6,871 98 1.0x

Articles About Missouri

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