Alma, KS vs South Hutchinson, KS
There is a significant gap in the cost of living between these two cities. South Hutchinson is 27.4% cheaper than Alma. With a cost index of 60 vs 77, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from South Hutchinson to Alma should plan for substantially higher expenses across most categories.
On the housing front, median rent in Alma is $1,200/month compared to $555/month in South Hutchinson — a 116% difference. Interestingly, home values tell a different story: while South Hutchinson has cheaper rent, Alma actually has lower median home values ($124,000 vs $147,900).
Median household income in Alma is $57,647 compared to $42,221 in South Hutchinson (+36.5%). While Alma is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Alma spend roughly 25% of their income on rent, more than the 15.8% in South Hutchinson.
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