Cost of Living in Geneseo, KS

With a cost of living index of 57, Geneseo, KS is one of the most affordable cities in the country. Living here is 43% cheaper than the national average and 15% below the Kansas state average of 72. Geneseo is a small community of 224 residents.

Housing costs are the biggest factor in Geneseo's cost of living. The median monthly rent is $725 (45% below the US median of $1,319), and the median home value sits at $42,400 (86% below the national median of $304,900). At current prices, the median home costs roughly 1.2x the median household income — well within traditional affordability guidelines.

The median household income in Geneseo is $36,607, which is 51% lower than the national median of $75,149. Residents spend roughly 24% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Climate is another factor for anyone considering a move to Geneseo. The area sees an average annual temperature of 55.8°F, with summers averaging 79°F and winters around 33°F. Annual rainfall totals 29.7 inches spread over roughly 89 days.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.