Larned 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.
IndexLarnedKansasNational
Cost of living index7990100
IndexLarnedKansasNational
Goods & Services index9696100
Groceries index9393100
Health care index10397100
Housing index4476100
Transportation index8893100
Utilities index9598100
A general summary of the cost of living index in Larned, KS is shown above. Compared to the state average of Kansas the cost of living index in Larned, KS is 79, which is 11% lower than the average in Kansas and compared to the national average it is 21% lower than. The cost of living index is made up of several categories. These are transportation at 9%, utilities at 10%, goods and services at 33%, housing at 30%, groceries at 13%, and health care at 5%. The bulk of the cost of living index comes from the categories of goods and services and housing. If you look at everyday goods and services they can be a good indicator in a certain city of the general costs of goods there. In Larned, KS goods and services come in at 1% lower than the average in Kansas and are 5% lower than compared to the nationwide average.

Did you know?

  • The cost of living in Larned is 11% lower than the Kansas average.
  • The cost of living in Larned is 21% lower than the national average.
  • The cost of housing in Larned is 56% 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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Salary Calculator

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The salary calculator is meant to help you compare your salary in Larned, KS to your potential earning power in another city. This can help you deduce what your salary would need to be in any given city in order for you to live the same lifestyle that you do in your current city. In other words, if you plan on moving to a city where the cost of living is higher than in Larned, KS, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Larned, KS salary calculator, simply input the new city, then move the adjustable slider to match your current income. Once you've selected your income, the calculator will determine if that income is sufficient to support your standard of living in the new city you entered. The calculator will also supply you with a rundown of living costs in the new city.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$46,000$3,833$1,073$1,380
Renters$30,129$2,511$703$904
If you want to find a good determining factor for the cost of living and the general affordability of housing in Larned, KS, all you must look at 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, KS, the median monthly income is $46,000 for those who own their own homes. Under the standard rule, that income level would allow for $1,073 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $30,129, per the median income in the area. That would allow for renters to spend up to $703 on monthly rental expenses.

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%
For those who live in Larned, KS and want to know what the true cost of living is, they ought to look at both the Kansas income tax rate and the Kansas sales tax rate. By sales tax, we mean the taxes that are included whenever a person is purchasing any goods or services. The amount that is taxed depends upon the particular state, where some states have a sales tax of zero percent while others can have a tax higher than seven percent. In Kansas, the sales tax is 6.15%, while the most you'll pay in surtax is 9.65%. There is also income tax to consider, which is based upon the amount of money made in a year. Just like sales tax, income tax depends upon the particular state but also depends upon what tax bracket the person is in. Income tax for the state can be higher than nine percent in some states to zero percent in others. For those that live in Kansas, the income tax rate ranges between 2.7% to 4.6%.

Goods & Services

ItemLarnedNational avg.Difference
Haircut $12.50$15.5619.7%
Beauty Salon $32.89$36.118.9%
Toothpaste $2.24$2.479.4%
Shampoo $0.77$0.9620.2%
Movie $9.75$10.133.7%
Bowling $3.50$4.7426.1%

Groceries

ItemLarnedNational avg.Difference
Ground Beef $2.54$3.9836.2%
Fried Chicken $1.07$1.4123.7%
Milk $1.81$2.0612.5%
Potatoes $2.59$2.9813.1%
Pizza $8.49$9.4710.4%
Beer $8.16$8.797.2%

Health Care

ItemLarnedNational avg.Difference
Optometrist $109.25$101.048.1%
Doctor $97.89$107.448.9%
Dentist $105.67$90.4216.9%
Ibuprofen $8.20$9.2811.7%
Lipitor $404.68$426.505.1%

Housing

ItemLarnedNational avg.Difference
Home Price $74,700.00$175,700.0057.5%
Avg. Mortgage Payment $1,053.58$1,133.237.0%
Apartment Rent $448.00$920.0051.3%

Transportation

ItemLarnedNational avg.Difference
Gasoline $1.76$1.9911.9%
Tire Balancing $39.88$45.7612.9%

Utilities

ItemLarnedNational avg.Difference
All Electricity$143.29$163.8112.5%
Phone $29.99$28.395.6%
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.
Radium, KS4671-29%
Pawnee Rock, KS21375-25%
Garfield, KS20775-25%
Larned, KS4,04479-21%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Ivanhoe, CA4,04498-2%
Fort Defiance, AZ4,04477-23%
Rosemont, IL4,04311919%
Fredericktown, MO4,04384-16%
Dupo, IL4,04587-13%
Larned, KS4,04479-21%
Source: The Larned, KS cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.