Housing costs in Hutchinson?
A typical home costs
$125,500, which is 62.9% less expensive than the national average of
$338,100 and 35.3% less expensive than the average Kansas home, at
$194,100. Renting a two-bedroom unit in Hutchinson costs
$650 per month, which is 54.5% cheaper than the national average of
$1,430 and 49.2% cheaper than the state average of
$970.
Can I afford Hutchinson?
To live comfortably in Hutchinson, Kansas, a minimum annual income of
$24,120 for a family, and
$20,000 for a single person is recommended.
What does A.I. say about Hutchinson?
The cost of living in Hutchinson, KS is very affordable compared to other areas around the country. According to the BestPlaces Cost of Living Index, it is 8.3% lower than the national average and one of the lowest in Kansas. Housing prices are quite reasonable, averaging about $112,000 for a typical 3 bedroom home. In terms of utilities, residents can expect to pay about 10-15% less than the national average. Grocery expenses are also slightly below average at around 5-7% less than other parts of the US. With its low cost of living and plenty of amenities, Hutchinson is an excellent place to live without breaking your budget.