Cost of Living in Yates Center, KS
Population: 1,381 | Kansas
Yates Center is 46% less expensive than the national average.
Cost of Living in Yates Center, KS: What You Need to Know
With a cost of living index of 54, Yates Center, KS is one of the most affordable cities in the country. Living here is 46% cheaper than the national average and 18% below the Kansas state average of 72. Yates Center is a small community of 1,381 residents.
Housing costs are the biggest factor in Yates Center's cost of living. The median monthly rent is $590 (55% below the US median of $1,319), and the median home value sits at $60,000 (80% 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 Yates Center is $43,433, which is 42% lower than the national median of $75,149. Residents spend roughly 16% 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
- $43,433
- vs US Median ($75,149)
- -42%
Housing
- Median Rent
- $590/mo
- Median Home Value
- $60,000
- Median Monthly Housing Cost
- $558/mo