Cost of Living in Lee's Summit, MO
Population: 102,583 • 2026 Data
$104,989
Median Household Income
+36% vs national
$1,382
Median Monthly Rent
+3% vs national
$313,200
Median Home Value
-8% vs national
3.9%
Unemployment Rate
Housing in Lee's Summit
The median home value in Lee's Summit, MO is $313,200. Monthly rent for a typical unit averages $1,382, while total monthly housing costs (including utilities and insurance) average $1,544.
Rent-to-income ratio: 15.8%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Lee's Summit, MO is $104,989. The unemployment rate stands at 3.9%, with a labor force of 55,970 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.