Lakin, KS vs Paola, KS

Lakin is moderately more affordable than Paola, with a 5.2% lower cost of living index. Lakin scores 77 compared to 81 for Paola, where the US average is 100. This difference means residents of Paola can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Lakin is $1,123/month compared to $1,069/month in Paola — a 5% difference. Interestingly, home values tell a different story: while Paola has cheaper rent, Lakin actually has lower median home values ($141,700 vs $195,000).

Median household income in Lakin is $84,286 compared to $73,281 in Paola (+15%). 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 17.5% in Paola.