Cost of Living in Goodland, KS

With a cost of living index of 66, Goodland, KS is one of the most affordable cities in the country. Living here is 34% cheaper than the national average and 5% below the Kansas state average of 72. Goodland is a small community of 3,878 residents.

Housing costs are the biggest factor in Goodland's cost of living. The median monthly rent is $850 (36% below the US median of $1,319), and the median home value sits at $112,800 (63% below the national median of $304,900). At current prices, the median home costs roughly 2.1x the median household income — well within traditional affordability guidelines.

The median household income in Goodland is $53,929, which is 28% lower than the national median of $75,149. Residents spend roughly 19% 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 Goodland. The area sees an average annual temperature of 51.7°F, with summers averaging 73°F and winters around 31°F. Annual rainfall totals 19.1 inches spread over roughly 81 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.