Cost of Living in Pratt, KS
Population 6,559 · Kansas · Data vintage 2023
(100 = US avg)
Pratt offers a notably favorable income-to-housing ratio for its region. The typical home — $103,000 — costs less than 1.6 times median household income of $63,512, a threshold many coastal markets passed a decade ago.
Geographically, Pratt lies roughly 80 miles west of the nearest major metro, Wichita. Median home values run roughly 42% lower than Wichita's $180,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Pratt
The median home value in Pratt is $103,300 — 66% below the national median of $305,000. Median rent runs $809/month, 38% lower than the national median of $1,314/month. The median household income of $63,512/year is 15% lower than the US median of $74,580. The local unemployment rate is 4.0%, 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, Pratt has a cost of living index of 45 versus the US average of 100, meaning it is 55% less expensive.
Pratt 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
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Pratt, KS?
Pratt has a cost index of 45 (100 = national average). It is 55% below the national average.
What is average rent in Pratt, KS?
The median gross rent in Pratt is $809 per month based on 2023 Census data.
What is the average home price in Pratt?
The median home value in Pratt is $103,300 according to Zillow and Census data.
What is the median income in Pratt?
The median household income in Pratt is $63,512 per year (2023 ACS 5-year estimates).
What is the sales tax in Pratt, KS?
The combined state and local sales tax rate in Pratt is 8.6%. The Kansas state income tax top rate is 5.7%.
Is Pratt, KS affordable?
Yes, Pratt is generally considered affordable, with a cost of living index of 45 — about 55% below the US national average of 100.
Pratt at a Glance
- Population
- 6,559
- Median Income
- $63,512
- Home Value
- $103,300
- Median Rent
- $809/mo
- Unemployment
- 4.0%
- Sales Tax
- 8.6%
Explore county-level cost of living data
Kansas Rankings
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