Paola, KS Cost Of Living
Cost Of Living In Paola, KS Summary
Cost of living in Paola 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 Paola 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 Paola is 91, with 100 being the average.
The cost of living index in Paola is 0.9x lower than the national average.
Paola ranks as the #37 cheapest in Kansas out of 63.
Paola ranks as the #1,804 cheapest out of 6,412 in the US.
The median home value in Paola is $165,300.
The median income in Paola is $63,675.
Table Of Contents
Paola's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Paola, KS?
According to the most recent data on the cost of living, Paola has an overall cost of living index of 91, which is 0.9x lower than the national index of 100.
Compared to Kansas, Paola has a cost of living index that's 1.0x higher than Kansas's index of 87.
The standard of living in Paola ranks as #37 most affordable out of the 63 places we measured in Kansas. By definition, that implies Paola ranks as the #26 most expensive place in the Sunflower State.
For more reading on life in Paola, check out:
- Living In Paola
- Paola Crime Report
- Search Homes For Sale In Paola, KS
In Kansas
In America
Paola Cost Of Living Vs. Kansas
Six factors go into calculating the cost of living index in Paola. Here is how it fairs on each of the criteria:
The Services index in Paola is 102.
The Groceries index in Paola is 92.
The Health index in Paola is 100.
The Housing index in Paola is 71.
The Transportation index in Paola is 94.
The Utilities index in Paola is 99.
| Living Expense | Paola | Kansas | National Average | |
|---|---|---|---|---|
| Overall | 91 | 87 | 100 | |
| Services | 102 | 90 | 100 | |
| Groceries | 92 | 95 | 100 | |
| Health | 100 | 98 | 100 | |
| Housing | 71 | 70 | 100 | |
| Transportation | 94 | 93 | 100 | |
| Utilities | 99 | 102 | 100 | |
Paola, KS Housing Cost Breakdown
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 Paola is $165,300.
The Median Rent in Paola is $867.
The Median Income in Paola is $63,675.
The Home Value To Income in Paola is 2.6x.
The Rent To Monthly Income in Paola is 0.16x.
| Statistic | Paola | Kansas | United States |
|---|---|---|---|
| Median Home Value | $165,300 | $164,800 | $244,900 |
| Median Rent | $867 | $912 | $1,163 |
| Median Income | $63,675 | $64,521 | $69,021 |
| Home Value To Income | 2.6x | 2.6x | 3.5x |
| Rent To Monthly Income | 0.16x | 0.17x | 0.2x |
Median Home Value
Median Rent
Median Income
Paola, KS Costs By Category
Detailed Paola Services Costs Vs. Kansas
Detailed Paola Groceries Costs Vs. Kansas
Detailed Paola Health Costs Vs. Kansas
Detailed Paola Transportation Costs Vs. Kansas
Detailed Paola Utilities Costs Vs. Kansas
Paola SnackAbility
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Cost Of Living In Cities Around Paola
The cost of living varies in the cities and towns around Paola. Here's a quick look at the cost of living in the most populous nearby places:
Olathe, KS has a cost of living index of 101, 1.1x Paola.
Lee's Summit, MO has a cost of living index of 101, 1.1x Paola.
Lenexa, KS has a cost of living index of 105, 1.2x Paola.
| City | Population | Cost Of Living | Vs. Paola |
|---|---|---|---|
| Olathe, KS | 140,339 | 101 | 1.1x |
| Lee's Summit, MO | 100,772 | 101 | 1.1x |
| Lenexa, KS | 56,755 | 105 | 1.2x |
| Leawood, KS | 33,748 | 126 | 1.4x |
| Raymore, MO | 22,722 | 101 | 1.1x |
| Spring Hill, KS | 7,883 | 96 | 1.1x |
| Parkville, MO | 7,153 | 115 | 1.3x |
| Eudora, KS | 6,457 | 91 | 1.0x |
| Greenwood, MO | 6,008 | 94 | 1.0x |
