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Hoyt, KS vs Ransom, KS

70
Hoyt
Kansas
VS
+24.7%
56
Ransom
Kansas

There is a significant gap in the cost of living between these two cities. Ransom is 24.7% cheaper than Hoyt. With a cost index of 56 vs 70, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Ransom to Hoyt should plan for substantially higher expenses across most categories.

On the housing front, median rent in Hoyt is $950/month compared to $675/month in Ransom — a 41% difference. Home values follow the same pattern: Ransom is more affordable at $55,000 median vs $136,100.

Median household income in Hoyt is $67,438 compared to $45,625 in Ransom (+47.8%). While Hoyt is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Hoyt spend roughly 16.9% of their income on rent, less than the 17.8% in Ransom.

Income & Cost

Cost of Living Index
Hoyt
70
Ransom
56
20% cheaper
Median Household Income
Hoyt
$67,438
32% higher
Ransom
$45,625

Housing

Median Rent
Hoyt
$950
Ransom
$675
29% cheaper
Median Home Value
Hoyt
$136,100
Ransom
$55,000
60% cheaper
Population
Hoyt
759
Ransom
261

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Hoyt $2.96
Ransom
US $3.07
🥚
Eggs (grade A, large)
Hoyt $2.41
Ransom
US $2.50
🥛
Milk (whole)
Hoyt $3.89
Ransom
US $4.03
🍞
Bread (white)
Hoyt $1.79
Ransom
US $1.85
🍗
Chicken breast
Hoyt $4.00
Ransom
US $4.14
Electricity
Hoyt $0.17
Ransom
US $0.19