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Gypsum, KS vs Neosho Falls, KS

63
Gypsum
Kansas
VS
+31.2%
48
Neosho Falls
Kansas

The cost of living difference between Gypsum, KS and Neosho Falls, KS is dramatic. Neosho Falls is 31.2% cheaper than Gypsum, a gap that translates to thousands of dollars per year in household expenses. Gypsum has a cost index of 63 while Neosho Falls sits at 48, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Gypsum is $850/month compared to $525/month in Neosho Falls — a 62% difference. Home values follow the same pattern: Neosho Falls is more affordable at $14,200 median vs $77,600.

Median household income in Gypsum is $37,083 compared to $47,750 in Neosho Falls (-22.3%). Neosho Falls offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Gypsum spend roughly 27.5% of their income on rent, more than the 13.2% in Neosho Falls.

Income & Cost

Cost of Living Index
Gypsum
63
Neosho Falls
48
24% cheaper
Median Household Income
Gypsum
$37,083
Neosho Falls
$47,750
22% higher

Housing

Median Rent
Gypsum
$850
Neosho Falls
$525
38% cheaper
Median Home Value
Gypsum
$77,600
Neosho Falls
$14,200
82% cheaper
Population
Gypsum
385
Neosho Falls
139

Salary Equivalency Calculator

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