Cost of living in Olathe 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 Olathe 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 Olathe is 101, with 100 being the average.
The cost of living index in Olathe is 1.0x higher than the national average.
Olathe ranks as the #58 cheapest in Kansas out of 63.
Olathe ranks as the #3,263 cheapest out of 6,412 in the US.
The median home value in Olathe is $273,600.
The median income in Olathe is $100,849.
According to the most recent data on the cost of living, Olathe has an overall cost of living index of 101, which is 1.0x higher than the national index of 100.
Compared to Kansas, Olathe has a cost of living index that's 1.2x higher than Kansas's index of 87.
The standard of living in Olathe ranks as #58 most affordable out of the 63 places we measured in Kansas. By definition, that implies Olathe ranks as the #5 most expensive place in the Sunflower State.
For more reading on life in Olathe, check out:
Six factors go into calculating the cost of living index in Olathe. Here is how it fairs on each of the criteria:
The Services index in Olathe is 102.
The Groceries index in Olathe is 96.
The Health index in Olathe is 102.
The Housing index in Olathe is 106.
The Transportation index in Olathe is 95.
The Utilities index in Olathe is 98.
Living Expense | Olathe | Kansas | National Average | |
---|---|---|---|---|
Overall | 101 | 87 | 100 | |
Services | 102 | 90 | 100 | |
Groceries | 96 | 95 | 100 | |
Health | 102 | 98 | 100 | |
Housing | 106 | 70 | 100 | |
Transportation | 95 | 93 | 100 | |
Utilities | 98 | 102 | 100 |
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 Olathe is $273,600.
The Median Rent in Olathe is $1,138.
The Median Income in Olathe is $100,849.
The Home Value To Income in Olathe is 2.7x.
The Rent To Monthly Income in Olathe is 0.14x.
Statistic | Olathe | Kansas | United States |
---|---|---|---|
Median Home Value | $273,600 | $164,800 | $244,900 |
Median Rent | $1,138 | $912 | $1,163 |
Median Income | $100,849 | $64,521 | $69,021 |
Home Value To Income | 2.7x | 2.6x | 3.5x |
Rent To Monthly Income | 0.14x | 0.17x | 0.2x |
The cost of living varies in the cities and towns around Olathe. Here's a quick look at the cost of living in the most populous nearby places:
Overland Park, KS has a cost of living index of 106, 1.0x Olathe.
Shawnee, KS has a cost of living index of 99, 1.0x Olathe.
Lenexa, KS has a cost of living index of 105, 1.0x Olathe.
City | Population | Cost Of Living | Vs. Olathe |
---|---|---|---|
Overland Park, KS | 195,249 | 106 | 1.0x |
Shawnee, KS | 67,021 | 99 | 1.0x |
Lenexa, KS | 56,755 | 105 | 1.0x |
Leawood, KS | 33,748 | 126 | 1.2x |
Gardner, KS | 23,065 | 97 | 1.0x |
Merriam, KS | 11,110 | 94 | 0.9x |
Spring Hill, KS | 7,883 | 96 | 1.0x |
Basehor, KS | 6,717 | 101 | 1.0x |
Eudora, KS | 6,457 | 91 | 0.9x |
De Soto, KS | 6,160 | 97 | 1.0x |