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Chamber Golf Classic { June 3, 2013 }
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Home > Experience Wichita > Moving Here > Housing

Wichita Metro Housing/Cost of Living

Cost of Living

Reasonable overall cost-of-living (particularly moderate housing costs) are a particularly effective personnel recruiting and retention inducement.

Overall Cost of Living 
Even with its many amenities, Wichita's overall cost-of-living index is a very moderate 91.4, nearly 9% below the national urban area average of 100.

 

Urban Area Index
Tulsa, OK 88.6
Omaha, NE 90.4
Des Moines, IA 88.8
Wichita, KS 91.4
Oklahoma City, OK 91.5
St. Louis, MO-IL 91.5
Cincinnati, OH 92.7
Colorado Springs, CO 95.5
 Kansas City, MO-KS 98.7
Dallas, TX 99.8
National 100.0
Denver, CO 104.0
Seattle, WA 115.9
Orange County, CA 144.7
   

Source: ACCRA Cost-of-Living Survey (Q1-2012)
National = Average of 306 participating urban areas

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Housing Costs
 

Housing is a particular bargain in the Wichita market. The median selling price of existing (previously owned) single-family homes in the Wichita metro area was $99,900 in the First Quarter 2012 survey by the National Association of Realtors. Wichita ranked 21st lowest of 150 reporting metro areas and $58,200 or 37% below the national median price of $158,100.

 

Existing Single-Family Home Median Sales Price
Wichita, KS $ 99,900
St. Louis, MO-IL $103,700
Cincinnati, OH $112,500
Indianapolis, IN $115,400 
Kansas City, MO-KS $124,400
Omaha, NE $129,500
Des Moines, IA $137,300
Dallas, TX $148,200
National $158,100
Albuquerque, NM $162,900
Colorado Springs, CO $180,300
Denver, CO $226,400
Seattle, WA $265,400
Los Angeles Area, CA $281,400
   

 Source: National Association of Realtors (Q1-2012)

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Apartment Rent

 Wichita area apartment rent is also very reasonable. Average two-bedroom apartment rent was $657 in the First Quarter 2012 ACCRA Survey. That is $205 or 24% lower than the national figure of $862.

 

Two-Bedroom Apartment Average Rent
Tulsa, OK $570
Des Moines, IA $607
Wichita, KS $657
Omaha, NE $688
Kansas City, MO-KS $728
Oklahoma City, OK $759
St. Louis, MO-IL $796
Dallas, TX $800
Cincinnati, OH $817
Colorado Springs, CO $845
National $862
Denver, CO $867
Seattle, WA $1,467 
Orange County, CA $1,704
   

Source: ACCRA Cost-of-Living Survey (Q1-2012)
Unfurnished 950 sq. ft., 1 1/2 or 2 bath, stove, refrigerator, water/sewer in rent
National=Average of 306 urban areas
 

Section Highlights:
  • Wichita ranked No. 23  for small-business growth among the top 102 metro areas in the United States in 2013.
  • Wichita boasts an average commute time of 18.7 minutes.
  • The median sales price for an existing single-family home in the Wichita metro area was $123,600 in the Third Quarter 2012 survey by the National Association of Realtors.
  • Wichita is home to 40 museums and galleries.
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