B+
2%
Overall NAT. AVG.
1%
Goods & Services NAT. AVG.
3%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
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 Derby Kansas National
Cost of living9889100
Goods & Services9992100
Groceries9897100
Health care9497100
Housing9776100
Transportation9290100
Utilities104107100

An Overview of Cost of Living in Derby, KS

The cost of living in Derby affects the quality of life one can afford in this new location. It allows people to assess whether they can maintain their preferred lifestyle, including housing, leisure activities and dining options. Your total monthly expenditures can varry depending on the area, as well as many other factors. The cost of living in Derby is 98, which is 2% lower than the national average. Knowledge of the cost of living can help individuals make informed decisions about retirement savings, investments, and financial goals.

In Derby, daily expenses such as food, housing, goods and services, transportation and health care are in line with comparable areas and about average when compared to all cities across the nation. This ensures that the cost of living in Derby will resemble that of an average city, contributing to a manageable cost of living.

Is Derby Affordable?

Is Derby affordable? It's a key consideration when pondering a move, as affordability often shapes your choices. The cost of living index (we discussed it earlier), coupled with housing costs and income levels, serves as the cornerstone for determining a location's affordability. Take Derby, for instance, where the median home price falls 5.9% lower than the national average, and monthly rent rates are 3.1% higher than usual. Additionally, median income levels contribute to the equation, with Derby flaunting a median household income of $74,447, 34.6% higher than the national norm.

What Factors can Influence the Cost of Living in Derby?

Subsidies: Some areas might offer government subsidies or assistance programs that help lower cost of living for residents. These programs can include anything from Medicare, Medicaid, housing subsidies, low-income home energy assistance programs, school lunch programs, supplemental nutrition assistance programs, student loans, electric vehicle tax credits, affordable care act subsidies and crop subsidies. Areas that offer less subsidies, could see an increase in their cost of living.

Healthcare: Healthcare expenditures and insurance premium rates can vary significantly, contingent upon the particular city or state. Factors such as the accessibility of healthcare facilities, out-of-pocket expenses for doctor's appointments, dental care charges, prescription medication costs, and expenses related to specialized medical care can all have an impact on the overall cost of living. In Derby, healthcare costs are 6.5% lower than the national average.

Urbanization: Urban areas with extensive amenities and job opportunities tend to have a higher cost of living due to increased demand for services and relocation, resulting in higher home prices and higher rents. Less densely populated rural areas, or areas with less demand tend to have fewer amenities and slower job growth, which results in a lower cost of living.

Where is the Data From?

The cost of living in Derby, presented above is derived from the C2ER cost of living index, offering a practical method for assessing living cost disparities in urban areas. Published quarterly, this index compiles data from more than 300 independent researchers, encompassing over 60 goods and services in 6 categories. The weightings assigned to cost variances are informed by government survey data tracking the expenditure patterns of professional and executive households. It should be noted that the C2ER index does not include data on sales or income tax rates, however, AreaVibes incorporates tax rates into the overall cost of living score for each area.

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Cost Of Living Quick Facts

  • The cost of living in Derby is 9% higher than the Kansas average
  • The cost of living in Derby is 2% lower than the national average
  • Derby housing is 3% lower than the national average
  • Kansas general sales tax is 27% higher than the national average
  • Kansas state income tax is 37% higher than the national average

Most Affordable Places to Live in and Around Derby

See all the best places to live around Derby

Compare Derby, KS Cost of Living

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      Salary Calculator

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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$87,146$7,262$2,033$2,615
      Renters$51,946$4,329$1,212$1,559
      The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Derby, KS, as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Derby homeowners, is $87,146. This would allow for a maximum of $2,033 per month to be spent on housing costs. For renters, the median monthly income is $51,946 which would result in a maximum of $1,212 to be spent on rental costs.

      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% 5.7%

      Goods & Services

      Item Derby National avg. Difference
      Haircut $25.61$24.265.6%
      Beauty Salon $47.04$45.563.2%
      Toothpaste $3.63$3.701.9%
      Shampoo $1.15$1.2810.1%
      Movie $11.66$12.133.9%
      Bowling $12.94$18.0028.1%

      Groceries

      Item Derby National avg. Difference
      Ground Beef $6.07$5.843.9%
      Fried Chicken $1.37$1.5713.0%
      Milk $4.68$4.670.1%
      Potatoes $4.62$4.936.4%
      Pizza $12.02$12.090.5%
      Beer $9.70$10.416.8%

      Health Care

      Item Derby National avg. Difference
      Optometrist $150.93$125.6820.1%
      Doctor $112.22$135.7817.3%
      Dentist $99.52$113.2912.1%
      Ibuprofen $10.31$10.653.2%
      Lipitor $521.48$468.6011.3%

      Housing

      Item Derby National avg. Difference
      Home Price $173,800.00$184,700.005.9%
      Avg. Mortgage Payment $1,619.59$2,346.6931.0%
      Apartment Rent $978.00$949.003.1%

      Transportation

      Item Derby National avg. Difference
      Gasoline $3.14$3.469.4%
      Tire Balancing $56.76$59.925.3%

      Utilities

      Item Derby National avg. Difference
      All Electricity $200.72$193.993.5%
      Phone $199.37$192.253.7%
      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.
      Oaklawn-Sunview, KS3,3548119.1%
      Udall, KS7418415.7%
      Douglass, KS1,7748515.1%
      Belle Plaine, KS1,4738514.9%
      Haysville, KS11,2608910.8%
      Derby, KS24,428982.3%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Essa, ON24,435n/a 
      Candler-McAfee, GA24,419954.7%
      Farmington, UT24,43913131.4%
      Wilsonville, OR24,41314039.7%
      Norfolk, NE24,410928.0%
      Derby, KS24,428982.3%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.