Cost of Living in Hoisington, KS

With a cost of living index of 63, Hoisington, KS is one of the most affordable cities in the country. Living here is 37% cheaper than the national average and 8% below the Kansas state average of 72. Hoisington is a small community of 2,660 residents.

Housing costs are the biggest factor in Hoisington's cost of living. The median monthly rent is $848 (36% below the US median of $1,319), and the median home value sits at $78,800 (74% below the national median of $304,900). At current prices, the median home costs roughly 1.6x the median household income — well within traditional affordability guidelines.

The median household income in Hoisington is $50,344, which is 33% lower than the national median of $75,149. Residents spend roughly 20% 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 Hoisington. The area sees an average annual temperature of 54.8°F, with summers averaging 78°F and winters around 32°F. Annual rainfall totals 24.8 inches spread over roughly 83 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.