|  
  |  Membership Directory  |  Member Login
Join or Renew Now!
  |  
  |  
  |  
  |  
  |  
  |  
10th Annual Small Business Awards Luncheon { May 7 }
Celebrate with this year's winners!
 Presented by Eric Fisher Academy & Great Plains Communications
Home > Experience Wichita > Moving Here > Cost of Living
print
Email Newsletter icon, E-mail Newsletter icon, Email List icon, E-mail List icon Sign Up for Our Email Newsletter

Wichita Metro Cost of Living Profile

Even with its many amenities, Wichita's overall cost-of-living index is a very moderate 90.9, approximately 9% below the national urban area average of 100. For more detailed information, follow this link to the Greater Wichita Economoc Development Coalition (GWEDC) web site for a comparison with other communities.

 

 

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 $123,600 in the Third Quarter 2012 survey by the National Association of Realtors. Wichita ranked 27th lowest of 154 reporting metro areas and $62,500 or 34% below the national median price of $186,100. Follow this link to the Greater Wichita Economic Development Coalition (GWEDC) web site for a omparison with other communities.

 

Newly-built home prices are also quite reasonable. The Q3-2012 average sale price of newly built single-family homes in the Wichita metro area was $231,652. That is $56,293 or 20% below the corresponding national figure of $287,945. For more detailed information, follow this link to the Greater Wichita Economoc Development Coalition (GWEDC) web site for a comparison with other communities.

 

Wichita area apartment rent is also very reasonable. Average two-bedroom apartment rent was $660 in the Third Quarter 2012 ACCRA Survey. That figure is $221 or 25% lower than the national figure of $881. For more detailed information, follow this link to the Greater Wichita Economoc Development Coalition (GWEDC) web site for a comparison with other communities.

 

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 $123,600 in the Third Quarter 2012 survey by 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’sCase New HollandCHOOSE 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