Kansas’ cost of living is 83.1, lower than the national average of 100. The median home price here is lower than Missouri’s at $137,500, compared with $231,200 for the national average.
Is it more expensive to live in Kansas or Missouri?
In Missouri, the overall cost of living is 85.9% of the national average, while in Kansas, it is 83.1% of the average.
Cost of Living: Missouri vs. Kansas.
| Missouri | Kansas | |
|---|---|---|
| Average Property Price | $157,200 | $151,900 |
| Average Health Insurance Costs Per Person | $620 | $534 |
Are taxes cheaper in Missouri or Kansas?
Kansas has an average income tax rate of 3.95 percent (33rd in the nation), and Missouri has an average income tax rate of 3.75 percent (35th). The actual rates vary in both states by income level (3 to 4.9 percent in Kansas and 1.5 to 6 percent in Missouri).
Is it better to retire in Kansas or Missouri?
Kansas is an above-average choice — the 17th best among the states — but Missouri is the 13th worst, according to this year’s Bankrate ranking of best places to retire.
Which state is better Missouri or Kansas?
Kansas had a better overall ranking than Missouri, scoring an overall rank of 28 when all factors were weighed, compared to Missouri’s 37. But on the category of government, Kansas ranked toward the bottom of the nation.
What state has the cheapest cost of living?
Mississippi
Mississippi. Mississippi has the lowest cost of living in the United States. With a cost of living index of 83.3, expenses are nearly 17% less than the national average. Mississippi’s housing costs are the lowest in the nation.
Where is the cheapest state to live?
Mississippi
Mississippi is the cheapest state to live in in the United States. Overall, costs in the state are 17% lower than the national average. Housing costs in Mississippi are the lowest in the nation.
Are property taxes high in Missouri?
Missouri Property Tax Rates
In comparison to other states, however, property taxes in Missouri are not especially high. The state’s average effective property tax rate is 0.93%, somewhat lower than the national average of 1.07%. Rates in Missouri vary significantly depending on where you live, though.
Is Missouri a high tax state?
Missouri Tax Rates, Collections, and Burdens
Missouri has a 4.225 percent state sales tax rate, a max local sales tax rate of 5.763 percent, an average combined state and local sales tax rate of 8.29 percent. Missouri’s tax system ranks 13th overall on our 2022 State Business Tax Climate Index.
Is Kansas a good state to live?
Thinking about moving to Kansas City? Ranked in the top 50 Best Places to Live in the U.S., this fast-growing Midwest metro is an excellent place to live for job opportunities, affordable housing, top-rated colleges, pro sports events, incredible arts and culture, and—of course—some of the best barbecue in America.
What are the cons of living in Missouri?
Disadvantages Of Living In Missouri
- Below-average wages.
- High state & local taxes.
- Severe weather.
- High crime rate.
- Low quality of life rankings.
What is the #1 retirement state?
1. (tie) West Virginia. Like Iowa, West Virginia is another state you might not think of as a retirement destination until you look at the numbers. Affordability is a big factor for anyone on a tight retirement budget, and West Virginia has the fifth-lowest average property tax burden in the country.
What states to avoid when retiring?
Places to retire
| Worst States for Retirement | Why You Should Think Twice |
|---|---|
| 1) Illinois | Poor fiscal health |
| 2) California | Expensive, and its finances are in disarray |
| 3) New York | Very high taxes, including property taxes |
| 4) Rhode Island | Worst-off state in the Northeast from a financial viewpoint; high taxes |
Where is the best place to live in Kansas?
Best Places To Live in Kansas
- Topeka. As the capital of Kansas, Topeka’s economy is paced by state government jobs that employ about 8,400 people.
- Overland Park.
- Olathe.
- Lawrence.
- Shawnee.
- Manhattan.
- Lenexa.
- Dodge City.
Where does Kansas rank on property taxes?
The report compares home and vehicle taxes throughout the nation. The Sunflower State ranked in the half of states with the highest property taxes, ranking at number 7 in the study. The study found Kansas’s effective real-estate tax rate was at 1.41%.
What is property tax in Kansas?
11.5%
Kansas has a statewide assessment percentage of 11.5%. This means that assessed value, which is the value on which you pay taxes, is equal to 11.5% of your home’s appraised value.
What is the best state to live in financially?
The five best states for your personal finances in 2022 are (No. 1 being best): Tennessee.
- New Jersey.
- Hawaii.
- Connecticut.
- Alaska.
- Illinois.
Where is the nicest and cheapest place to live?
The Best Affordable Places to Live in the U.S. include:
- Hickory, North Carolina.
- Green Bay, Wisconsin.
- Huntsville, Alabama.
- Davenport-Bettendorf, Iowa, and Moline-Rock Island, Illinois (Quad Cities).
- Fort Wayne, Indiana.
- Pittsburgh, Pennsylvania.
- Beaumont, Texas.
- Fayetteville, Arkansas.
What’s the best state to move to?
Overall Rankings
- #1. Washington.
- #2. Minnesota.
- #3. Utah.
- #4. New Hampshire.
- #5. Idaho.
Where can I live for $500 a month in USA?
Without further ado – and in no particular order – here’s what $500 per month can get you in ten affordable U.S. cities:
- Greenville, OH. Listing: Wayne Crossing.
- Wichita, KS. Listing: Eagle Creek.
- Lawton, OK. Listing: Sheridan Square Apartments.
- Amarillo, TX.
- Indianapolis, IN.
- Searcy, AR.
- Shreveport, LA.
- Jackson, MS.
What is the 2nd cheapest state to live in?
Kansas is still the second-cheapest state in the US. The median house price in the area is $194,951. On average, it’s possible to rent an 895-square-foot apartment for $1,133 per month; that’s around 65% cheaper than a one-bedroom apartment in New York.