Larned, KS vs Parsons, KS

Parsons is moderately more affordable than Larned, with a 5.2% lower cost of living index. Larned scores 63 compared to 59 for Parsons, where the US average is 100. This difference means residents of Larned can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Larned is $766/month compared to $743/month in Parsons — a 3% difference. Home values follow the same pattern: Parsons is more affordable at $70,300 median vs $99,600.

Median household income in Larned is $51,957 compared to $50,838 in Parsons (+2.2%). Larned does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Larned spend roughly 17.7% of their income on rent, more than the 17.5% in Parsons.