Formoso cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexFormosoKansasNational
Cost of living index7090100
IndexFormosoKansasNational
Goods & Services index8696100
Groceries index9893100
Health care index9497100
Housing index2476100
Transportation index8593100
Utilities index9798100

Did you know?

  • The cost of living in Formoso is 21% lower than the Kansas average.
  • The cost of living in Formoso is 30% lower than the national average.
  • The cost of housing in Formoso is 76% lower than the national average.
  • Kansas general sales tax is 21% higher than the national average.
  • Kansas state income tax is 21% higher than the national average.

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$29,583$2,465$690$888
Renters$16,250$1,354$379$488

Kansas Sales Tax

StateGeneral Sales TaxWith Max Surtax
Kansas6.15%9.65%

Kansas Income Tax

StateIncome Tax (Low)Income Tax (High)
Kansas2.7%4.6%

Goods & Services

ItemFormosoNational avg.Difference
Haircut $11.45$15.5626.5%
Beauty Salon $22.11$36.1138.8%
Toothpaste $2.59$2.474.8%
Shampoo $1.02$0.965.7%
Movie $8.50$10.1316.1%
Bowling $3.73$4.7421.2%

Groceries

ItemFormosoNational avg.Difference
Ground Beef $3.68$3.987.6%
Fried Chicken $1.71$1.4121.8%
Milk $2.00$2.062.9%
Potatoes $2.36$2.9820.9%
Pizza $9.83$9.473.8%
Beer $7.93$8.799.9%

Health Care

ItemFormosoNational avg.Difference
Optometrist $86.50$101.0414.4%
Doctor $100.00$107.446.9%
Dentist $78.17$90.4213.5%
Ibuprofen $9.74$9.285.0%
Lipitor $452.42$426.506.1%

Housing

ItemFormosoNational avg.Difference
Home Price $15,800.00$175,700.0091.0%
Avg. Mortgage Payment $1,179.49$1,133.234.1%
Apartment Rent $558.00$920.0039.3%

Transportation

ItemFormosoNational avg.Difference
Gasoline $1.85$1.997.4%
Tire Balancing $31.29$45.7631.6%

Utilities

ItemFormosoNational avg.Difference
All Electricity$106.97$163.8134.7%
Phone $39.95$28.3940.7%
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, StatePopulationCost of Living IndexNational Avg.
Randall, KS8067-33%
Republic, KS11167-33%
Jewell, KS43672-28%
Jamestown, KS32174-26%
Courtland, KS38374-26%
Formoso, KS10870-30%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Foley, MO10882-18%
Danvers, MN10891-9%
Leipsic, DE1081011%
Kingdom City, MO10889-11%
Pekin, ND10874-26%
Formoso, KS10870-30%
Source: The Formoso, KS cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.