Cost of Living in Spearville, KS

With a cost of living index of 70, Spearville, KS is one of the most affordable cities in the country. Living here is 30% cheaper than the national average and in line with the Kansas state average. Spearville is a small community of 1,054 residents.

Housing costs are the biggest factor in Spearville's cost of living. The median monthly rent is $775 (41% below the US median of $1,319), and the median home value sits at $185,400 (39% below the national median of $304,900). At current prices, the median home costs roughly 2.6x the median household income — well within traditional affordability guidelines.

The median household income in Spearville is $71,230, which is 5% lower than the national median of $75,149. Residents spend roughly 13% 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.