Cost of Living: Independence, MO vs Lee's Summit, MO
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,227/mo in Independence, MO versus $4,227/mo in Lee's Summit, MO. In the model, rent is about 15.46% of gross in Independence, MO versus 20.14% in Lee's Summit, MO, so Independence, MO tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Independence, MO and Lee's Summit, MO.
At a glance
- Cheaper overall (lower cost-of-living index): Lee's Summit, MO
- Lower rent (median 1BR/2BR): Independence, MO
- Lower home prices: Independence, MO
- Higher median household income: Lee's Summit, MO
Cost of Living Index
Independence, MO: 100 (U.S. = 100) · Lee's Summit, MO: 100 (U.S. = 100)
Both cities have the same cost-of-living index (U.S. average = 100).
Median Rent
Independence, MO: $1,008/mo (midpoint of 1BR/2BR) · Lee's Summit, MO: $1,313/mo
Median rent in Lee's Summit, MO is $305/mo higher than in Independence, MO.
Median Home Price
Independence, MO: $166,400 · Lee's Summit, MO: $313,200
Median home price in Lee's Summit, MO is $146,800 higher than in Independence, MO.
Median Household Income
Independence, MO: $59,480 · Lee's Summit, MO: $104,989
Lee's Summit, MO has a higher median household income than Independence, MO by $45,509.
Independence, MO overview · Lee's Summit, MO overview · Popular comparisons