Cost of Living in McPherson, KS
Population 13,956 · Kansas · Data vintage 2023
(100 = US avg)
Housing costs in McPherson stay well under national norms: a median home value of $204,000 against median household incomes of $77,746 gives the city one of the more comfortable price-to-income ratios in Kansas. An unemployment rate of 2.2% points to a labor market well on the tight side of the national distribution.
Geographically, McPherson is about 50 miles northwest of Wichita, the nearest large metro. Median home values run roughly 14% higher than Wichita's $180,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in McPherson
The median home value in McPherson is $204,300 — 33% below the national median of $305,000. Median rent runs $898/month, 32% lower than the national median of $1,314/month. The median household income of $77,746/year is 4% higher than the US median of $74,580. The local unemployment rate is 2.2%, below the national average of 4.8%. Kansas's top state income tax rate is 5.7% and the combined sales tax is 8.6%. Overall, McPherson has a cost of living index of 68 versus the US average of 100, meaning it is 32% less expensive.
🏠 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
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in McPherson, KS?
McPherson has a cost index of 68 (100 = national average). It is 32% below the national average.
What is average rent in McPherson, KS?
The median gross rent in McPherson is $898 per month based on 2023 Census data.
What is the average home price in McPherson?
The median home value in McPherson is $204,300 according to Zillow and Census data.
What is the median income in McPherson?
The median household income in McPherson is $77,746 per year (2023 ACS 5-year estimates).
What is the sales tax in McPherson, KS?
The combined state and local sales tax rate in McPherson is 8.6%. The Kansas state income tax top rate is 5.7%.
Is McPherson, KS affordable?
Yes, McPherson is generally considered affordable, with a cost of living index of 68 — about 32% below the US national average of 100.
McPherson at a Glance
- Population
- 13,956
- Median Income
- $77,746
- Home Value
- $204,300
- Median Rent
- $898/mo
- Unemployment
- 2.2%
- Sales Tax
- 8.6%
Nearby Cities
Explore county-level cost of living data
Kansas Rankings
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