Kansas cost of living is 83.1
| COST OF LIVING | Kansas | United States |
|---|---|---|
| Housing | 59.6 | 100 |
| Median Home Cost | $177,400 | $291,700 |
| Utilities | 104.4 | 100 |
| Transportation | 79.3 | 100 |
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What is the average cost of a home in Kansas?
Kansas’ median home value is $150,657. For around that price, buyers can purchase a 4-bedroom, 3-bathroom home in Independence or a 58.6 acre lot in Wellington.
Is Kansas an expensive state to live in?
Kansas. Kansas is the fourth-cheapest state in America. The cost of living in Kansas is about 12.1% less than the rest of the country, and the average household income is about $41,644. A two-bedroom apartment in Kansas costs around $821 a month, and the median home value is about $137,700.
Are houses expensive in Kansas?
The typical home value of homes in Kansas is $189,214. This value is seasonally adjusted and only includes the middle price tier of homes. Kansas home values have gone up 15.4% over the past year.
How expensive is it to live in Kansas City?
Kansas City cost of living is 86.2
| COST OF LIVING | Kansas City | Missouri |
|---|---|---|
| Grocery | 96.8 | 94.9 |
| Health | 94.5 | 97.6 |
| Housing | 63.3 | 69 |
| Median Home Cost | $195,300 | $194,000 |
What is the cheapest state to buy a house?
- Mississippi. Mississippi is the cheapest state to buy a home in with a median home value of $114,500.
- West Virginia. West Virginia is the second-cheapest state to buy a home.
- Arkansas. Arkansas’s median home value is about $123,300, the third-lowest in the country.
- Oklahoma.
- Kentucky.
- Indiana.
- Alabama.
- Ohio.
What is the average cost of a house in 2021?
After plateauing between 2017 and 2019, house prices in the United States saw an increase in 2020 and 2021. The average sales price of a new home in 2020 was 389,400 U.S. dollars and in 2021, it reached 408,800 U.S. dollars.
Why is Kansas so cheap?
Housing Costs in Kansas City is Affordable
The main reason Kansas City is so affordable is attributable to one thing; housing prices. The median home cost is just over $146,000, which is incredibly low compared to the rest of the United States.However, that housing here is phenomenally affordable.
Where can you live for 500 a month?
5 Places to Retire for Under $500 per Month
- Leon, Nicaragua.
- Medellin, Colombia.
- Las Tablas, Panama.
- Chiang Mai, Thailand.
- Languedoc-Roussillon, France.
- Kathleen Peddicord is the founder of the Live and Invest Overseas publishing group.
What is the safest and cheapest state to live in?
10 best states to live in, based on cost, safety and quality of life
- New York. Total score: 61.63.
- Idaho. Total score: 61.16.
- Minnesota. Total score: 60.97.
- Wisconsin. Total score: 60.94.
- Utah. Total score: 59.84.
- New Hampshire. Total score: 59.59.
- Iowa. Total score: 59.49.
- Pennsylvania. Total score: 59.21.
Why is property so cheap in Kansas?
There is a vast amount of buildable land in Kansas, making the houses much cheaper than in other states. Combined with the low cost of living in Kansas, this makes houses more affordable in Kansas. Renting a house is also cheaper in Kansas for the same reasons.
Is it cheaper to live in Kansas or Texas?
Kansas City housing costs are 52.9% less expensive than Dallas housing costs. Health related expenses are 14.8% more in Kansas City.
Are houses cheaper in Kansas or Missouri?
Kansas’ cost of living is 83.1, lower than the national average of 100. The median home price here is lower than Missouri’s at $137,500, compared with $231,200 for the national average.
What is a good salary in Kansas City?
Average Salary in Kansas City, MO
| Annual Salary | Hourly Wage | |
|---|---|---|
| Top Earners | $87,404 | $42 |
| 75th Percentile | $71,865 | $35 |
| Average | $62,776 | $30 |
| 25th Percentile | $48,072 | $23 |
Is Kansas cheaper than Missouri?
In Missouri, the overall cost of living is 85.9% of the national average, while in Kansas, it is 83.1% of the average.
Cost of Living: Missouri vs. Kansas.
| Kansas | Missouri | |
|---|---|---|
| Average Household Income (2018) | $58,218 | $57,409 |
How much do you need to live comfortably in Kansas?
A homeowner should make around $68,000 a year to comfortably cover the monthly costs of a home in Kansas City. A family of four will spend on average $3,794 or more a month. That includes groceries, utilities, childcare (if both parents work) and school expenses.
What is the most expensive state to live in?
Hawaii
There may be no more breathtaking a place than the Aloha State, but prices in Hawaii, America’s most expensive state, will take your breath away, too.
Which state is the most affordable to live in?
Here are the 10 most affordable states in the U.S.:
- Indiana. Average cost of living index: 90.57.
- Michigan. Average cost of living index: 90.40.
- Missouri. Average cost of living index: 89.75.
- Tennessee. Average cost of living index: 89.49.
- Georgia. Average cost of living index: 89.30.
- Arkansas.
- Alabama.
- Oklahoma.
Where is the most affordable housing in the US?
States With the Most Affordable Housing
- Ohio.
- Indiana.
- Pennsylvania.
- Nebraska.
- North Dakota.
- Oklahoma.
- West Virginia.
- Michigan.
Why are houses so expensive in 2021?
The fact that houses are now so expensive is simply the outcome of the supply and demand problem. Following the onset of the COVID-19 pandemic, interest rates were reduced to boost economic health.In contrast, many sellers withdrew from the market due to political and economic instability.
How much does a small house cost?
Average Cost of a Tiny House
| Average Cost | $45,000 |
|---|---|
| High Cost | $150,000+ |
| Low Cost | $8,000 |
