Pratt, KS, has a lower cost of living compared to the nationwide average, which is set at 100. Pratt's overall cost of living index is 87, indicating that living in Pratt costs 13% less than the national average. This figure results from Pratt's individual category indices, all of which fall below the national average except for transportation, which stands at 95.
The housing cost in Pratt is notably lower, with an index of 77, which is 23% below the average. Groceries, utilities, healthcare, and miscellaneous expenses also have lower indices, ranging from 85 to 92. These savings make Pratt an attractive location for budget-conscious job seekers.
The cost of living index in Pratt, KS, provides valuable insights for those considering a move or a job opportunity in the area. The housing index, for example, stands at 77, indicating that housing costs are about 23% lower than the nationwide average, which is indexed at 100. This means that, on average, residents in Pratt can expect to pay significantly less for housing compared to the national average, potentially making it more affordable for families and individuals.
When looking at other aspects of daily life, the cost of groceries in Pratt is 90, reflecting 10% less than the national average. Utilities are slightly lower at 85, which translates to a 15% reduction in costs. While transportation costs in Pratt are somewhat higher at 95, they still only represent a 5% increase over the average. Healthcare costs, standing at 92, are very close to the national average, showing a slight 8% increase. Lastly, miscellaneous expenses are at 88, which is 12% below the national average. Overall, Pratt offers a relatively affordable cost of living, especially in key areas like housing and groceries.
