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Gypsum, KS vs Palmer, KS

63
Gypsum
Kansas
VS
-13.6%
73
Palmer
Kansas

Gypsum is moderately more affordable than Palmer, with a 13.6% lower cost of living index. Gypsum scores 63 compared to 73 for Palmer, where the US average is 100. This difference means residents of Palmer can expect to pay noticeably more for everyday expenses, housing, and services.

Renters will find that Gypsum has a median rent of $850/month while Palmer comes in at $563/month, a 51% difference.

Median household income in Gypsum is $37,083 compared to $46,250 in Palmer (-19.8%). While Palmer is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Gypsum spend roughly 27.5% of their income on rent, more than the 14.6% in Palmer.

Income & Cost

Cost of Living Index
Gypsum
63
14% cheaper
Palmer
73
Median Household Income
Gypsum
$37,083
Palmer
$46,250
20% higher

Housing

Median Rent
Gypsum
$850
Palmer
$563
34% cheaper
Median Home Value
Gypsum
$77,600
Palmer
Population
Gypsum
385
Palmer
138

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