Lakin, KS vs Mulvane, KS

Lakin, KS and Mulvane, KS have a very similar cost of living, with only a 4.2% difference in their overall index. Lakin scores 77 while Mulvane scores 80 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 Lakin is $1,123/month compared to $1,156/month in Mulvane — a 3% difference. Home values follow the same pattern: Lakin is more affordable at $141,700 median vs $168,900.

Median household income in Lakin is $84,286 compared to $70,224 in Mulvane (+20%). Lakin offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Lakin spend roughly 16% of their income on rent, less than the 19.8% in Mulvane.