Cost of Living in Syracuse, KS
Population: 1,706 | Kansas
Syracuse is 35% less expensive than the national average.
Cost of Living in Syracuse, KS: What You Need to Know
With a cost of living index of 65, Syracuse, KS is one of the most affordable cities in the country. Living here is 35% cheaper than the national average and 7% below the Kansas state average of 72. Syracuse is a small community of 1,706 residents.
Housing costs are the biggest factor in Syracuse's cost of living. The median monthly rent is $773 (41% below the US median of $1,319), and the median home value sits at $124,400 (59% below the national median of $304,900). At current prices, the median home costs roughly 2.3x the median household income — well within traditional affordability guidelines.
The median household income in Syracuse is $54,615, which is 27% lower than the national median of $75,149. Residents spend roughly 17% 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.
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
- $54,615
- vs US Median ($75,149)
- -27%
Housing
- Median Rent
- $773/mo
- Median Home Value
- $124,400
- Median Monthly Housing Cost
- $745/mo