The cost of living index in Parsons, KS, presents a favorable comparison to the nationwide average of 100. Housing costs in Parsons are notably lower at 67, which is 33% below the national average. Meanwhile, other categories such as Groceries, Utilities, Transportation, Healthcare, and Miscellaneous all fall within 5% of the national average, ranging from 85 to 92. This balance suggests that Parsons offers a more affordable lifestyle in some aspects while remaining competitive in others.
Parsons, KS, offers a cost of living index that is significantly lower than the nationwide average, which is set at 100. Specifically, the overall cost of living in Parsons is 85. This means that residents can expect to spend about 15% less on the essentials compared to the average American. Housing is the most affordable category, with an index of 67, indicating a 33% savings. In contrast, groceries are relatively close to the national average, with an index of 90, showing a modest 10% lower cost.
Transportation, utilities, healthcare, and miscellaneous expenses in Parsons also generally fall below the national average. The transportation index is at 87, meaning residents can expect to pay 13% less on commuting costs. Utilities are slightly above the national average, at 92, showing a 2% increase. Healthcare costs are at 85, indicating a 15% savings. Miscellaneous expenses, with an index of 88, suggest an 12% reduction in costs. Overall, Parsons provides a cost-effective environment for residents, with notable savings in housing and miscellaneous expenses.
