Cost of Living in Manhattan, KS

Housing

The housing market plays a significant role in determining the cost of living in Manhattan, KS.

• Housing Index: 90.0 / 100
• Median Home Price is: $274000
• Average Rent (2 BR Apartment): $2000 per month
• Average Rent (2 BR House): $2150 per month

Analyzing the real estate data for Manhattan, KS, we find a housing index of 90.0, indicating a relatively balanced market. With a median home price of 274000, purchasing a home here presents a moderate investment opportunity. The average rent for a 2-bedroom apartment is 2000, while a 2-bedroom house commands an average of 2150. Rent prices suggest a potential challenge for renters, so buyers might consider investing in this market. It's essential to bear in mind factors like local amenities, job market conditions, and future growth projections before making a final decision.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Manhattan, KS.

• Electricity Price: 14.22 USD (median by state)
• Natural Gas Price: $None USD per Thousand Cubic Feet (median by state)
• Other Utilities (water, garbage, etc.): $250 per month

Living in Manhattan, KS could entail higher utility costs. Electricity costs sit at 14.22, while natural gas is priced at None per Thousand Cubic Feet—both aligning with state medians. Expect to budget about 250 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Bethlehem is a financially viable option for your relocation.

Cost of Living Index

The cost of living index is a widely used metric to determine the relative affordability of cities and towns.

• Index score: 95.0

Median Income

The median income is an important factor to consider when evaluating the affordability of a city or town.

• Median Income: $55316

Educational and Social Amenities

Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.

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Summary

When considering a move to Manhattan, KS, consider the following factors:

• Taxes: State income, property, and local income taxes can significantly impact your take-home pay.
• Job opportunities: The availability of jobs in your field can affect your quality of life.
• Cost of living: Housing costs, utilities, transportation, and other expenses should be considered when evaluating the affordability of a city or town.