Cost of Living in Mcpherson, KS
Housing
The housing market plays a significant role in determining the cost of living in Mcpherson, KS.
- Housing Index: 93.4 / 100
- Median Home Price is: $206,000
- Average Rent (2 BR Apartment): $1081 per month
- Average Rent (2 BR House): $1175 per month
Considering a move to Mcpherson, KS? The housing index of 93.4 indicates that the market is relatively affordable. With a median home price of 206000, purchasing property could be a sound investment. Renting options are also budget-friendly, with an average rent of 1081 for a two-bedroom apartment and 1175 for a two-bedroom house. Additionally, this affordability provides the opportunity for better quality living and can enhance your lifestyle. Keep in mind that real estate markets can fluctuate, so thorough research is advised before making final decisions.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Mcpherson, 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 Mcpherson, 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 Mcpherson is a financially viable option for your relocation.