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Concordia, KS vs Lakin, KS

60
Concordia
Kansas
VS
-21.6%
77
Lakin
Kansas

There is a significant gap in the cost of living between these two cities. Concordia is 21.6% cheaper than Lakin. With a cost index of 60 vs 77, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Concordia to Lakin should plan for substantially higher expenses across most categories.

On the housing front, median rent in Concordia is $698/month compared to $1,123/month in Lakin — a 38% difference. Home values follow the same pattern: Concordia is more affordable at $96,100 median vs $141,700.

Median household income in Concordia is $50,213 compared to $84,286 in Lakin (-40.4%). While Lakin is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Concordia spend roughly 16.7% of their income on rent, more than the 16% in Lakin.

Climate-wise, both cities share similar average temperatures (54.1°F vs 54.4°F). Concordia receives more rainfall at 28.4" per year compared to 19" in Lakin.

Income & Cost

Cost of Living Index
Concordia
60
22% cheaper
Lakin
77
Median Household Income
Concordia
$50,213
Lakin
$84,286
40% higher

Housing

Median Rent
Concordia
$698
38% cheaper
Lakin
$1,123
Median Home Value
Concordia
$96,100
32% cheaper
Lakin
$141,700
Population
Concordia
5,067
Lakin
2,069

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Concordia 54.1°F
Lakin 54.4°F
Summer High
Concordia 90°F
Lakin 92°F
Winter Low
Concordia 19°F
Lakin 18°F
Rainfall
Concordia 28.4"
Lakin 19"
Rainy Days
Concordia 90d
Lakin 70d