Cost Of Living in Formoso, KS

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Formoso	Kansas	National
Cost of living	90	89	100
Goods & Services	90	92	100
Groceries	93	97	100
Health care	97	97	100
Housing	n/a	76	100
Transportation	96	90	100
Utilities	80	107	100

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Cost Of Living Quick Facts

The cost of living in Formoso is 1% higher than the Kansas average
The cost of living in Formoso is 10% lower than the national average
Formoso housing is 27% lower than the national average
Kansas general sales tax is 27% higher than the national average
Kansas state income tax is 19% higher than the national average

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$28,523	$2,377	$665	$856
Renters	$0	$0	$0	$0

Kansas Sales Tax

State	General Sales Tax	With Max Surtax
Kansas	6.5%	11.5%

Kansas Income Tax

State	Income Tax (Low)	Income Tax (High)
Kansas	3.1%	4.7%

Goods & Services

Item	Formoso	National avg.	Difference
Haircut	$17.50	$24.26	27.9%
Beauty Salon	$28.75	$45.56	36.9%
Toothpaste	$3.67	$3.70	1.0%
Shampoo	$0.98	$1.28	23.5%
Movie	$9.10	$12.13	25.0%
Bowling	$11.33	$18.00	37.0%

Groceries

Item	Formoso	National avg.	Difference
Ground Beef	$6.66	$5.84	14.0%
Fried Chicken	$1.41	$1.57	10.4%
Milk	$4.49	$4.67	4.0%
Potatoes	$4.49	$4.93	9.1%
Pizza	$11.34	$12.09	6.2%
Beer	$9.34	$10.41	10.3%

Health Care

Item	Formoso	National avg.	Difference
Optometrist	$128.50	$125.68	2.2%
Doctor	$139.89	$135.78	3.0%
Dentist	$97.50	$113.29	13.9%
Ibuprofen	$10.22	$10.65	4.0%
Lipitor	$518.77	$468.60	10.7%

Housing

Item	Formoso	National avg.	Difference
Home Price	$0.00	$184,700.00	100.0%
Avg. Mortgage Payment	$1,926.53	$2,346.69	17.9%
Apartment Rent	$0.00	$949.00	100.0%

Transportation

Item	Formoso	National avg.	Difference
Gasoline	$3.36	$3.46	2.9%
Tire Balancing	$55.44	$59.92	7.5%

Utilities

Item	Formoso	National avg.	Difference
All Electricity	$126.33	$193.99	34.9%
Phone	$199.27	$192.25	3.7%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Republic, KS	117	67	33.5%
Randall, KS	198	70	29.9%
Jamestown, KS	249	71	29.2%
Webber, KS	18	72	28.1%
Jewell, KS	390	73	27.5%
Formoso, KS	102	90	9.6%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
St. George, AK	102	95	5.1%
Kingvale, CA	102	102	1.5%
Mount Laguna, CA	102	114	14.0%
Phillipsville, CA	102	112	11.6%
Hull, GA	102	92	7.6%
Formoso, KS	102	90	9.6%

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

Cost of Living in Formoso, KS