Housing costs in Pratt?
A typical home costs
$95,100, which is 71.9% less expensive than the national average of
$338,100 and 51.0% less expensive than the average Kansas home, at
$194,100. Renting a two-bedroom unit in Pratt costs
$780 per month, which is 45.5% cheaper than the national average of
$1,430 and 24.4% cheaper than the state average of
$970.
Can I afford Pratt?
To live comfortably in Pratt, Kansas, a minimum annual income of
$18,360 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Pratt?
The cost of living in Pratt, KS is relatively low compared to the national average. According to the Missouri Economic Research and Information Center, Pratt has a cost of living index of 83.9 making it 13.1% lower than the national average. Rent is extremely affordable, typically ranging between $400-$800 depending on the size and location of the rental property. Groceries are also inexpensive in Pratt with a variety of stores available for residents to shop at. The annual median household income in Pratt is around $44,000, which allows most locals to live comfortably while still being able to save money each month.