Pratt, KS Cost Of Living
Cost Of Living In Pratt, KS Summary
Cost of living in Pratt 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 Pratt 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 Pratt is 86, with 100 being the average.
The cost of living index in Pratt is 0.9x lower than the national average.
Pratt ranks as the #25 cheapest in Kansas out of 63.
Pratt ranks as the #938 cheapest out of 6,412 in the US.
The median home value in Pratt is $94,100.
The median income in Pratt is $56,104.
Table Of Contents
Pratt's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Pratt, KS?
According to the most recent data on the cost of living, Pratt has an overall cost of living index of 86, which is 0.9x lower than the national index of 100.
Compared to Kansas, Pratt has a cost of living index that's 1.0x lower than Kansas's index of 87.
The standard of living in Pratt ranks as #25 most affordable out of the 63 places we measured in Kansas. By definition, that implies Pratt ranks as the #38 most expensive place in the Sunflower State.
For more reading on life in Pratt, check out:
- Living In Pratt
- Pratt Crime Report
- Search Homes For Sale In Pratt, KS
In Kansas
In America
Pratt Cost Of Living Vs. Kansas
Six factors go into calculating the cost of living index in Pratt. Here is how it fairs on each of the criteria:
The Services index in Pratt is 100.
The Groceries index in Pratt is 94.
The Health index in Pratt is 102.
The Housing index in Pratt is 53.
The Transportation index in Pratt is 92.
The Utilities index in Pratt is 97.
| Living Expense | Pratt | Kansas | National Average | |
|---|---|---|---|---|
| Overall | 86 | 87 | 100 | |
| Services | 100 | 90 | 100 | |
| Groceries | 94 | 95 | 100 | |
| Health | 102 | 98 | 100 | |
| Housing | 53 | 70 | 100 | |
| Transportation | 92 | 93 | 100 | |
| Utilities | 97 | 102 | 100 | |
Pratt, 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 Pratt is $94,100.
The Median Rent in Pratt is $759.
The Median Income in Pratt is $56,104.
The Home Value To Income in Pratt is 1.7x.
The Rent To Monthly Income in Pratt is 0.16x.
| Statistic | Pratt | Kansas | United States |
|---|---|---|---|
| Median Home Value | $94,100 | $164,800 | $244,900 |
| Median Rent | $759 | $912 | $1,163 |
| Median Income | $56,104 | $64,521 | $69,021 |
| Home Value To Income | 1.7x | 2.6x | 3.5x |
| Rent To Monthly Income | 0.16x | 0.17x | 0.2x |
Median Home Value
Median Rent
Median Income
Pratt, KS Costs By Category
Detailed Pratt Services Costs Vs. Kansas
Detailed Pratt Groceries Costs Vs. Kansas
Detailed Pratt Health Costs Vs. Kansas
Detailed Pratt Transportation Costs Vs. Kansas
Detailed Pratt Utilities Costs Vs. Kansas
Pratt SnackAbility
/10
Cost Of Living In Cities Around Pratt
The cost of living varies in the cities and towns around Pratt. Here's a quick look at the cost of living in the most populous nearby places:
Great Bend, KS has a cost of living index of 85, 1.0x Pratt.
| City | Population | Cost Of Living | Vs. Pratt |
|---|---|---|---|
| Great Bend, KS | 14,864 | 85 | 1.0x |
