Cost of Living in Parsons, KS

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20%
Overall NAT. AVG.
5%
Groceries NAT. AVG.
55%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Parsons Kansas National
Cost of living8090100
Groceries9597100
Health care9496100
Housing4577100
Transportation9996100
Utilities9395100
Lifestyle & Entertainment9294100
Household Items9597100
Education & Childcare9193100
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Homes For Sale In Parsons, KS

property for sale

1504 17000 Rd

Parsons, KS
property for sale

2530 Crawford Ave

Parsons, KS
property for sale

20081 Spring Hill Rd

Parsons, KS
property for sale

1624 Broadway Ave

Parsons, KS
See the Newest Homes For Sale In Parsons, KS

Cost Of Living Quick Facts

  • The cost of living in Parsons is 12% lower than the Kansas average
  • The cost of living in Parsons is 20% lower than the national average
  • Parsons housing is 55% 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

Most Affordable Places to Live in and Around Parsons

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      Price difference in compared to
      Cost of living index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$80,160$6,680$1,870$2,405
      Renters$38,577$3,215$900$1,157
      The affordability of the housing market in Parsons, KS as well as the overall cost of living can be predicted by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should be spent on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Parsons homeowners, the median income is $80,160. This indicates that a monthly maximum of $1,870 should be spent by homeowners on all housing related costs. Renters have a median income of $38,577. This indicates that renters would have a maximum of $900 for their rent related monthly 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% 4.7%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Labette, KS656832.2%
      McCune, KS3257525.5%
      Galesburg, KS1277722.6%
      Mound Valley, KS2947920.9%
      Oswego, KS1,7337921.3%
      Parsons, KS9,9758020.3%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      West Perrine, FL9,9761088.2%
      Villas, NJ9,97611111.2%
      Brookdale, NJ9,97313838.2%
      Morden, MB9,973n/a 
      Temiskaming Shores, ON9,984n/a 
      Parsons, KS9,9758020.3%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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