Elwood, KS vs Larned, KS

Elwood, KS and Larned, KS have a very similar cost of living, with only a 3.6% difference in their overall index. Elwood scores 65 while Larned scores 63 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Elwood is $883/month compared to $766/month in Larned — a 15% difference. Interestingly, home values tell a different story: while Larned has cheaper rent, Elwood actually has lower median home values ($90,000 vs $99,600).

Median household income in Elwood is $66,364 compared to $51,957 in Larned (+27.7%). While Elwood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Elwood spend roughly 16% of their income on rent, less than the 17.7% in Larned.

Climate-wise, both cities share similar average temperatures (53.7°F vs 54.8°F). Elwood receives more rainfall at 34.8" per year compared to 24.8" in Larned.