Cost of Living in Luray, KS

With a cost of living index of 44, Luray, KS is one of the most affordable cities in the country. Living here is 56% cheaper than the national average and 27% below the Kansas state average of 72. Luray is a small community of 159 residents.

Housing costs are the biggest factor in Luray's cost of living. The median monthly rent is $244 (82% below the US median of $1,319), and the median home value sits at $67,500 (78% below the national median of $304,900). At current prices, the median home costs roughly 1.1x the median household income — well within traditional affordability guidelines.

The median household income in Luray is $62,500, which is 17% lower than the national median of $75,149. Residents spend roughly 5% 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 Luray. 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.