Cost of Living in New Strawn, KS
Population: 408 | Kansas
New Strawn is 31% less expensive than the national average.
Cost of Living in New Strawn, KS: What You Need to Know
With a cost of living index of 69, New Strawn, KS is one of the most affordable cities in the country. Living here is 31% cheaper than the national average and 3% below the Kansas state average of 72. New Strawn is a small community of 408 residents.
Housing costs are the biggest factor in New Strawn's cost of living. The median monthly rent is $819 (38% below the US median of $1,319), and the median home value sits at $157,500 (48% below the national median of $304,900). At current prices, the median home costs roughly 1.4x the median household income — well within traditional affordability guidelines.
The median household income in New Strawn is $110,000, which is 46% higher than the national median of $75,149. Residents spend roughly 9% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.
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.
Income
- Median Household Income
- $110,000
- vs US Median ($75,149)
- +46%
Housing
- Median Rent
- $819/mo
- Median Home Value
- $157,500
- Median Monthly Housing Cost
- $1,014/mo