Housing costs in Lakin?
A typical home costs
$155,800, which is 53.9% less expensive than the national average of
$338,100 and 19.7% less expensive than the average Kansas home, at
$194,100. Renting a two-bedroom unit in Lakin costs
$1,280 per month, which is 10.5% cheaper than the national average of
$1,430 and 24.2% more than the state average of
$970.
Can I afford Lakin?
To live comfortably in Lakin, Kansas, a minimum annual income of
$29,880 for a family, and
$38,800 for a single person is recommended.
What does A.I. say about Lakin?
The cost of living in Lakin, KS is quite reasonable compared to other parts of the country. The median household income in Lakin is $34,717, which is significantly lower than the national average. This means that most people have access to basic necessities at a much lower cost than they would find in other places. Food and housing costs are very affordable for families, and utilities such as electricity and water are also relatively low. Additionally, taxes are relatively low and the local government works hard to keep prices down for businesses to encourage growth within the community. Overall, Lakin offers a great opportunity for people looking to live an affordable lifestyle without sacrificing quality of life.