Housing costs in Wichita?
A typical home costs
$344,000, which is 1.7% more expensive than the national average of
$338,100 and 77.2% more expensive than the average Kansas home, at
$194,100. Renting a two-bedroom unit in Wichita costs
$990 per month, which is 2.1% more than the national average of
$970 and 7.1% more than the state average of
$920.
Can I afford Wichita?
To live comfortably in Wichita (zip 67206), Kansas, a minimum annual income of
$65,880 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Wichita?
The cost of living in Wichita, KS, zip code 67206 is quite reasonable. According to the Economic Policy Institute's Family Budget Calculator, a family of four living in the area can expect to pay about $62,413 per year for housing, food, child care, transportation and other necessities. This is significantly lower than the national median cost of living which stands at $78,386. Rent is also very affordable in the area with average prices ranging from $750 a month for a one-bedroom apartment to $1,150 per month for a three-bedroom apartment. In general, Wichita's cost of living has been consistently below the national average and city officials continue to promote a business-friendly environment that keeps costs low for families and businesses alike.