Parsons, KS, offers a cost of living that is notably lower than the nationwide average. The overall cost of living index for Parsons stands at 85, which is 15% lower than the national benchmark of 100. This reduction is primarily driven by the housing index, which is 25% below the national average.
Despite this lower cost, other categories like groceries and utilities remain close to the national average, making Parsons an attractive option for those seeking affordability without sacrificing quality of life.
Parsons, KS, has a cost of living index that is notably lower than the nationwide average. The overall cost of living index for Parsons stands at 84, which is 16% below the national average of 100. This lower index suggests that residents of Parsons can expect to spend less on their day-to-day expenses compared to the average American.
Breaking down the categories, Parsons shows particularly favorable rates in housing, with an index of 75. This represents a 25% reduction from the national average. Additionally, while groceries in Parsons have an index of 90, they are still 10% cheaper than the national average. Utilities and transportation also remain below the national average, with indices of 95 and 80, respectively. Healthcare and miscellaneous expenses are slightly above the national average, but still relatively affordable at 85 and 88, respectively. This combination of lower costs in key areas makes Parsons an attractive option for those looking to manage their expenses effectively.
