The cost of living index in Pratt, KS, shows a lower overall cost compared to the nationwide average of 100. Pratt's housing index stands at 68, which is 32% below the national average. This suggests that housing in Pratt is significantly more affordable.
Other categories like groceries, utilities, transportation, healthcare, and miscellaneous expenses also show lower costs, ranging from 85 to 95. This indicates that living in Pratt, KS, can be more budget-friendly for many essential expenses.
Pratt, KS, offers a cost of living that is notably lower than the nationwide average. The housing index in Pratt stands at 68, which is 32% below the national average of 100. This means that housing costs in Pratt are significantly more affordable, making it an attractive option for individuals and families looking to save on their living expenses. Additionally, the cost of groceries in Pratt is 92, which is 8% below the national average. This indicates that residents can expect to spend less on food compared to the average American.
Utilities in Pratt are priced at 90, which is 10% below the national average. This lower cost can contribute to overall savings for residents. Transportation costs in Pratt are at 85, which is 15% below the average, offering another area where residents can save money. Healthcare costs in Pratt are slightly above the national average, with an index of 95, which is 5% higher. However, miscellaneous costs in Pratt are at 88, which is 12% below the national average. Overall, Pratt provides a cost-effective living environment with several categories below the national average.