Frankfort, KS vs Lakin, KS
There is a significant gap in the cost of living between these two cities. Frankfort is 24.1% cheaper than Lakin. With a cost index of 58 vs 77, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Frankfort to Lakin should plan for substantially higher expenses across most categories.
On the housing front, median rent in Frankfort is $692/month compared to $1,123/month in Lakin — a 38% difference. Home values follow the same pattern: Frankfort is more affordable at $70,700 median vs $141,700.
Median household income in Frankfort is $77,917 compared to $84,286 in Lakin (-7.6%). Lakin does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Frankfort spend roughly 10.7% of their income on rent, less than the 16% in Lakin.
Climate-wise, both cities share similar average temperatures (55°F vs 54.4°F). Frankfort receives more rainfall at 32.2" per year compared to 19" in Lakin.
Income & Cost
Housing
Salary Equivalency Calculator
What does your salary in one city buy you in the other?
Everyday Prices
BLS Average Prices by metro area
Climate
NOAA 30-year normals (1991-2020)