Cost of Living in Topeka, KS

Housing

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

• Housing Index: 85.0 / 100
• Median Home Price is: $223900
• Average Rent (2 BR Apartment): $850 per month
• Average Rent (2 BR House): $800 per month

Considering relocating to Topeka, KS? The housing index of 85.0 suggests a moderately accessible market. Homes here are priced at a fairly reasonable 223900. If renting is more appealing, the average monthly rent for a 2-bedroom apartment is 850, while a 2-bedroom house averages 800. With costs staying relatively low compared to national averages, now could be a favorable time to consider this destination, especially for families or individuals seeking stability without breaking the bank. Remember, local amenities and job market conditions also play a crucial role in your decision!

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Topeka, 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.): $150 per month

Living in Topeka, 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 150 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: 95.2

Median Income

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

• Median Income: $54052

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 Topeka, 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.