Cost of Living in Park City, KS

Population 7,726 · Kansas · Data vintage 2023

65
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Buyers in Park City can reasonably expect a home to cost less than three years of household income — $164,000 against $70,317 in typical earnings — a ratio that has collapsed to 5:1 or worse in much of the country.

Park City sits roughly 8 miles north of Wichita — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 9% lower than Wichita's $180,000.

Cost Overview

Housing 54
Rent 81

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Park City

The median home value in Park City is $163,800 — 46% below the national median of $305,000. Median rent runs $1,065/month, 19% lower than the national median of $1,314/month. The median household income of $70,317/year is 6% lower than the US median of $74,580. The local unemployment rate is 3.3%, 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, Park City has a cost of living index of 65 versus the US average of 100, meaning it is 35% less expensive.

🏠 Housing

Median Home Value
$163,800
46% below avg
Zillow Home Value
$243,209
Zillow ZHVI
Median Rent
$1,065/mo
19% below avg
Price-to-Rent Ratio
12.8x
Favors buying
Property Tax Rate
1.4%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$625
1 BR
$695
2 BR
$872
3 BR
$1,158
4 BR
$1,257
Owner-occupied 75.1%
Renter-occupied 24.9%

💰 Estimated Monthly Budget

Rent median rent
$1,065
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,679/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
19.6 min
27% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
8.3%

Commute Mode

Drove alone
78.4%
Carpooled
7.6%
Walked
4.7%
Work from home
8.3%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 5.7%
Total Sales Tax 8.6%
State rate 6.5%
Avg local rate 2.1%
Property Tax 1.4%

💼 Income & Employment

Median Household Income
$70,317
6% below avg
Per Capita Income
$31,323
Unemployment Rate
3.3%
32% below avg
Poverty Rate
15.2%
Labor Force Participation
67.0%

🎓 Education

Bachelor's degree+ 17.6%
Graduate degree 6.7%

👥 Demographics

Median Age 34.5
Male median age 34.6
Female median age 34

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 48 — Good
56.7%
Good air days/yr
157
Max AQI recorded
138
PM2.5 days
219
Ozone days

Frequently Asked Questions

What is the cost of living in Park City, KS?

Park City has a cost index of 65 (100 = national average). It is 35% below the national average.

What is average rent in Park City, KS?

The median gross rent in Park City is $1,065 per month based on 2023 Census data.

What is the average home price in Park City?

The median home value in Park City is $163,800 according to Zillow and Census data.

What is the median income in Park City?

The median household income in Park City is $70,317 per year (2023 ACS 5-year estimates).

What is the sales tax in Park City, KS?

The combined state and local sales tax rate in Park City is 8.6%. The Kansas state income tax top rate is 5.7%.

Is Park City, KS affordable?

Yes, Park City is generally considered affordable, with a cost of living index of 65 — about 35% below the US national average of 100.

Park City at a Glance

Population
7,726
Median Income
$70,317
Home Value
$163,800
Median Rent
$1,065/mo
Unemployment
3.3%
Sales Tax
8.6%
View all cities in Kansas →
🗺️ County data for Kansas

Explore county-level cost of living data

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