Housing costs in Wichita?
A typical home costs
$195,800, which is 42.1% less expensive than the national average of
$338,100 and 0.9% more expensive than the average Kansas home, at
$194,100. Renting a two-bedroom unit in Wichita costs
$920 per month, which is 35.7% cheaper than the national average of
$1,430 and 5.4% cheaper than the state average of
$970.
Can I afford Wichita?
To live comfortably in Wichita Kan Metro Area, Kansas, a minimum annual income of
$37,440 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Wichita?
The cost of living in the Wichita, KS Metro Area is significantly lower than the US average. According to a recent survey, the Cost of Living index in this area is 82.4 compared to 100 for the US overall. This means that even though house median values in this metro area are only $195,800 compared to the US average of $338,100, residents here have much more buying power with their income due to the relatively low cost of living.