If you live in Kansas, congratulations! You live in one of the most affordable States in the Country, according to a new study. One of the biggest factors pressuring household finances since the pandemic began, has been a rapid increase in the cost of housing. The homeowner website, Porch, conducted a study to compare housing costs, along with other factors, across the fifty states. Kansas housing was 28.3% lower than the national average and consumer goods cost 4.3% less.
According to data from the U. S. Bureau of Economic Analysis, four states–Hawaii, New Jersey, California and New York–have typical overall prices more than 10% above the national average, while five others– Mississippi, West Virginia, Arkansas, Alabama and Kentucky– have prices more than 10% below the average. Kansas has an overall cost of living 7.6% below the national average. The one place Kansas was higher than average was in utility costs, which were 14.1% higher than the national average.
