Cost of Living in Iuka, KS

With a cost of living index of 73, Iuka, KS is one of the most affordable cities in the country. Living here is 27% cheaper than the national average and in line with the Kansas state average. Iuka is a small community of 226 residents.

Housing costs are the biggest factor in Iuka's cost of living. The median monthly rent is $1,099 (17% below the US median of $1,319), and the median home value sits at $100,000 (67% below the national median of $304,900). At current prices, the median home costs roughly 2.5x the median household income — well within traditional affordability guidelines.

The median household income in Iuka is $40,192, which is 47% lower than the national median of $75,149. Residents spend roughly 33% of household income on rent. This exceeds the recommended 30% threshold, meaning many renters here are cost-burdened. 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 Iuka. The area sees an average annual temperature of 57.9°F, with summers averaging 80°F and winters around 36°F. Annual rainfall totals 27.8 inches spread over roughly 80 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.