Cost of living in Great Bend research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Great Bend is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Kansas, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Great Bend is 85, with 100 being the average.
The cost of living index in Great Bend is 0.8x lower than the national average.
Great Bend ranks as the #22 cheapest in Kansas out of 63.
Great Bend ranks as the #777 cheapest out of 6,412 in the US.
The median home value in Great Bend is $99,100.
The median income in Great Bend is $48,465.
According to the most recent data on the cost of living, Great Bend has an overall cost of living index of 85, which is 0.8x lower than the national index of 100.
Compared to Kansas, Great Bend has a cost of living index that's 1.0x lower than Kansas's index of 87.
The standard of living in Great Bend ranks as #22 most affordable out of the 63 places we measured in Kansas. By definition, that implies Great Bend ranks as the #41 most expensive place in the Sunflower State.
For more reading on life in Great Bend, check out:
Six factors go into calculating the cost of living index in Great Bend. Here is how it fairs on each of the criteria:
The Services index in Great Bend is 101.
The Groceries index in Great Bend is 92.
The Health index in Great Bend is 102.
The Housing index in Great Bend is 53.
The Transportation index in Great Bend is 94.
The Utilities index in Great Bend is 98.
|Living Expense||Great Bend||Kansas||National Average|
Housing swings affordability the most between places in Kansas, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Great Bend is $99,100.
The Median Rent in Great Bend is $690.
The Median Income in Great Bend is $48,465.
The Home Value To Income in Great Bend is 2.0x.
The Rent To Monthly Income in Great Bend is 0.17x.
|Statistic||Great Bend||Kansas||United States|
|Median Home Value||$99,100||$164,800||$244,900|
|Home Value To Income||2.0x||2.6x||3.5x|
|Rent To Monthly Income||0.17x||0.17x||0.2x|
The cost of living varies in the cities and towns around Great Bend. Here's a quick look at the cost of living in the most populous nearby places:
Frederick, MD has a cost of living index of 116, 1.4x Great Bend.
Hays, KS has a cost of living index of 93, 1.1x Great Bend.
Pratt, KS has a cost of living index of 86, 1.0x Great Bend.