Cost of Living in Manhattan, KS
Housing
The housing market plays a significant role in determining the cost of living in Manhattan, KS.
- Housing Index: 93.4 / 100
- Median Home Price is: $274,000
- Average Rent (2 BR Apartment): $1013 per month
- Average Rent (2 BR House): $1101 per month
Analyzing the real estate data for Manhattan, KS, we find a housing index of 93.4, indicating a relatively balanced market. With a median home price of 274000, purchasing a home here presents a moderate investment opportunity. The average rent for a 2-bedroom apartment is 1013, while a 2-bedroom house commands an average of 1101. Rent prices suggest a potential challenge for renters, so buyers might consider investing in this market. It's essential to bear in mind factors like local amenities, job market conditions, and future growth projections before making a final decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Manhattan, KS.
- Electricity Price: $14.22 USD (median by state)
- Natural Gas Price: Data is updating (median by state)
- Other Utilities (water, garbage, etc.): $215 per month
Living in Manhattan, KS could entail higher utility costs. Electricity costs sit at $14.22, while natural gas is priced at data unavailable per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $215 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Manhattan is a financially viable option for your relocation.