Cost of Living in Iola, KS
Population 5,368 · Kansas · Data vintage 2023
(100 = US avg)
Iola is a smaller Kansas community of around 5000 residents, where median household incomes of $50,417 and housing costs ($78,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.
Geographically, Iola is about 75 miles southwest of Olathe, the nearest large metro. Median home values run roughly 77% lower than Olathe's $341,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Iola
The median home value in Iola is $78,100 — 74% below the national median of $305,000. Median rent runs $689/month, 48% lower than the national median of $1,314/month. The median household income of $50,417/year is 32% lower than the US median of $74,580. The local unemployment rate is 5.3%, above the national average of 4.8%. Kansas's top state income tax rate is 5.7% and the combined sales tax is 8.6%. The climate averages highs of 69.3°F and lows of 46.7°F. Overall, Iola has a cost of living index of 36 versus the US average of 100, meaning it is 64% less expensive.
Iola has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 44 | 50 | 60 | 70 | 78 | 87 | 92 | 91 | 83 | 72 | 59 | 47 |
| Low °F | 23 | 27 | 36 | 46 | 56 | 66 | 70 | 68 | 59 | 47 | 36 | 27 |
| Precip" | 1.18 | 1.56 | 2.50 | 4.25 | 5.87 | 5.62 | 4.42 | 3.79 | 4.10 | 3.33 | 2.36 | 1.71 |
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Iola, KS?
Iola has a cost index of 36 (100 = national average). It is 64% below the national average.
What is average rent in Iola, KS?
The median gross rent in Iola is $689 per month based on 2023 Census data.
What is the average home price in Iola?
The median home value in Iola is $78,100 according to Zillow and Census data.
What is the median income in Iola?
The median household income in Iola is $50,417 per year (2023 ACS 5-year estimates).
What is the sales tax in Iola, KS?
The combined state and local sales tax rate in Iola is 8.6%. The Kansas state income tax top rate is 5.7%.
Is Iola, KS affordable?
Yes, Iola is generally considered affordable, with a cost of living index of 36 — about 64% below the US national average of 100.
What is the weather like in Iola?
Iola has average high temperatures of 69.3°F and average lows of 46.7°F. Annual precipitation is 40.7". Data from NOAA 1991–2020 Climate Normals.
Iola at a Glance
- Population
- 5,368
- Median Income
- $50,417
- Home Value
- $78,100
- Median Rent
- $689/mo
- Unemployment
- 5.3%
- Avg High Temp
- 69.3°F
- Sales Tax
- 8.6%
Nearby Cities
Explore county-level cost of living data
Kansas Rankings
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