Cost Of Living in Larned, 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	Larned	Kansas	National
Cost of living	82	89	100
Goods & Services	94	92	100
Groceries	100	97	100
Health care	104	97	100
Housing	49	76	100
Transportation	86	90	100
Utilities	106	107	100

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Cost Of Living Quick Facts

The cost of living in Larned is 8% lower than the Kansas average
The cost of living in Larned is 18% lower than the national average
Larned housing is 51% 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	$58,646	$4,887	$1,368	$1,760
Renters	$26,716	$2,226	$623	$802

A good indicator of the general affordability of housing in Larned, KS, is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Larned, the median monthly income is $58,646 for those who own their own homes. Under the standard rule, that income level would allow for $1,368 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $26,716, per the median income in the area. That would allow for renters to spend up to $623 on monthly rental expenses.

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	Larned	National avg.	Difference
Haircut	$15.84	$24.26	34.7%
Beauty Salon	$30.99	$45.56	32.0%
Toothpaste	$3.68	$3.70	0.5%
Shampoo	$1.17	$1.28	8.9%
Movie	$12.89	$12.13	6.2%
Bowling	$12.54	$18.00	30.3%

Groceries

Item	Larned	National avg.	Difference
Ground Beef	$5.70	$5.84	2.4%
Fried Chicken	$1.41	$1.57	10.2%
Milk	$4.78	$4.67	2.4%
Potatoes	$4.96	$4.93	0.5%
Pizza	$12.15	$12.09	0.6%
Beer	$9.86	$10.41	5.3%

Health Care

Item	Larned	National avg.	Difference
Optometrist	$221.30	$125.68	76.1%
Doctor	$147.70	$135.78	8.8%
Dentist	$94.01	$113.29	17.0%
Ibuprofen	$10.49	$10.65	1.6%
Lipitor	$526.83	$468.60	12.4%

Housing

Item	Larned	National avg.	Difference
Home Price	$76,800.00	$184,700.00	58.4%
Avg. Mortgage Payment	$1,613.36	$2,346.69	31.2%
Apartment Rent	$633.00	$949.00	33.3%

Transportation

Item	Larned	National avg.	Difference
Gasoline	$3.05	$3.46	11.8%
Tire Balancing	$49.15	$59.92	18.0%

Utilities

Item	Larned	National avg.	Difference
All Electricity	$207.69	$193.99	7.1%
Phone	$200.29	$192.25	4.2%

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.
Radium, KS	7	96	3.6%
Pawnee Rock, KS	312	77	23.3%
Garfield, KS	111	78	22.0%
Larned, KS	3,732	82	17.8%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Albia, IA	3,732	83	17.5%
Northumberland, PA	3,732	93	7.5%
Stanley, NC	3,734	95	5.0%
San Andreas, CA	3,729	124	24.4%
Collinsville, CT	3,729	126	26.2%
Larned, KS	3,732	82	17.8%

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 Larned, KS