|  
  |  Membership Directory  |  Member Login
Join or Renew Now!
  |  
  |  
  |  
  |  
  |  
  |  
2014 Wichita Business Exposure { Sept. 25 }
The area's premier networking event
 Presented by Cox Business
Home > Experience Wichita > Moving Here > Cost of Living
print
Email Newsletter icon, E-mail Newsletter icon, Email List icon, E-mail List icon Become a Chamber Insider!

Wichita Metro Cost of Living Profile

(article by Movoto Real Estate)

Even with its many amenities, Wichita's overall cost-of-living index is a very moderate 89.7, 10.3% below the national urban area average of 100. For more detailed information about Wichita's cost of living and housing costs comparison with other communities, visit the Greater Wichita Economoc Development Coalition (GWEDC) website. GWEDC is a Chamber affiliate.

Housing Costs
Housing is a particular bargain in the Wichita market. The median selling price of existing (previously owned) single-family homes in the Wichita metro area was $114,200 in first quarter 2014, according to the National Association of Realtors. Wichita ranked 28th lowest of 171 reporting metro areas and $77,400, or 40% below the national median price of $191,600.

Newly-built home prices are also quite reasonable. The first quarter 2014 average sale price of newly built single-family homes in the Wichita metro area was $222,400. That is $80,501 or 27% below the corresponding national figure of $302,901.

Wichita area apartment rent is also very reasonable. Average two-bedroom apartment rent was $683 in the first quarter 2014 ACCRA Survey. That is $231 or 25% lower than the national figure of $914.

For more detailed information about Wichita's cost of living and housing costs comparison with other communities, visit the Greater Wichita Economoc Development Coalition (GWEDC) website. GWEDC is a Chamber affiliate.

Section Highlights:
  • Wichita ranked No. 23  for small-business growth among the top 102 metro areas in the United States in 2013.
  • Wichita boasts an average commute time of 18.7 minutes.
  • The median sales price for an existing single-family home in the Wichita metro area was $114,200 in the first quarter of 2014 according to the National Association of Realtors.
  • Wichita is home to 40 museums and galleries.
Aeroflex Wichita, Inc. Airbus North America Engineering, Inc. Ambassador Hotel Wichita Apex Engineering International, LLC Armstrong Chamberlin AT&T Berry Companies, Inc. BKD, LLPBuilding Trades Council of Central & Western Kansas Butler Community College Capital Enterprises, Inc. Carlos O'Kelly'sCNH Industries CHOOSE Networks, Inc. Clear Channel Media + EntertainmentConco ConstructionCornejo & Sons Coventry Health Care, An Aetna CompanyCox Machine, Inc. Davis-Moore Automotive, Inc. Delta Dental of Kansas, Inc. Dillon Food Stores Dondlinger & Sons Construction Company Inc.Eby Construction Co. Envision, Inc. Friends University GLMV Architecture, Inc. Go Wichita Convention & Visitors Bureau House of SchwanHigh Touch Technologies Hyatt Regency Wichita IBEW L.U. 271 - Electrical Workers IMA, Inc. Johnson ControlsKAKE-TV Kansas Health Foundation Kennedy and Coe, LLC Key Construction, Inc. Law Company Inc. LawKingdon Architecture LDF CompaniesLegacy BankLubrication Engineers, Inc. Martin Pringle Oliver Wallace & Bauer, L.L.P. Metro Courier, Inc. MKEC Engineering Consultants, Inc. Murfin Drilling Company Inc. NCRI -- National Catastrophe Restoration Inc. Newman University Occidental Management, Inc. Pioneer Balloon Company Plumbers & Pipefitters Local 441 Poet Ethanol Products Range Oil Company, Inc. Ritchie Exploration, Inc. Rusty Eck Ford Security 1st Title LLC Slawson Real Estate Company Star Lumber & Supply Co. Inc.TCK - The Trust Company of Kansas TECT Aerospace UCI United Way of the Plains Value PlaceWescon Controls CompanyWichita Area Assn. of Realtors Wichita Area Technical College (WATC) Wichita Business Journal Wichita Community Foundation Wichita Downtown Development Corporation Wichita State UniversityWichita Surgical Specialists, P.A.Workforce Alliance of South Central Kansas, Inc.Yingling Aviation