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Wichita Metro Housing/Cost of Living

Cost of Living

Reasonable overall cost-of-living (particularly moderate housing costs) are a particularly effective personnel recruiting and retention inducement.

Overall Cost of Living 
Even with its many amenities, Wichita's overall cost-of-living index is a very moderate 91.4, nearly 9% below the national urban area average of 100.


Urban Area Index
Tulsa, OK 88.6
Omaha, NE 90.4
Des Moines, IA 88.8
Wichita, KS 91.4
Oklahoma City, OK 91.5
St. Louis, MO-IL 91.5
Cincinnati, OH 92.7
Colorado Springs, CO 95.5
 Kansas City, MO-KS 98.7
Dallas, TX 99.8
National 100.0
Denver, CO 104.0
Seattle, WA 115.9
Orange County, CA 144.7

Source: ACCRA Cost-of-Living Survey (Q1-2012)
National = Average of 306 participating urban areas

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 $99,900 in the First Quarter 2012 survey by the National Association of Realtors. Wichita ranked 21st lowest of 150 reporting metro areas and $58,200 or 37% below the national median price of $158,100.


Existing Single-Family Home Median Sales Price
Wichita, KS $ 99,900
St. Louis, MO-IL $103,700
Cincinnati, OH $112,500
Indianapolis, IN $115,400 
Kansas City, MO-KS $124,400
Omaha, NE $129,500
Des Moines, IA $137,300
Dallas, TX $148,200
National $158,100
Albuquerque, NM $162,900
Colorado Springs, CO $180,300
Denver, CO $226,400
Seattle, WA $265,400
Los Angeles Area, CA $281,400

 Source: National Association of Realtors (Q1-2012)

Apartment Rent

 Wichita area apartment rent is also very reasonable. Average two-bedroom apartment rent was $657 in the First Quarter 2012 ACCRA Survey. That is $205 or 24% lower than the national figure of $862.


Two-Bedroom Apartment Average Rent
Tulsa, OK $570
Des Moines, IA $607
Wichita, KS $657
Omaha, NE $688
Kansas City, MO-KS $728
Oklahoma City, OK $759
St. Louis, MO-IL $796
Dallas, TX $800
Cincinnati, OH $817
Colorado Springs, CO $845
National $862
Denver, CO $867
Seattle, WA $1,467 
Orange County, CA $1,704

Source: ACCRA Cost-of-Living Survey (Q1-2012)
Unfurnished 950 sq. ft., 1 1/2 or 2 bath, stove, refrigerator, water/sewer in rent
National=Average of 306 urban areas

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