How much money do you need to live comfortably in Kansas?
A homeowner should make around $68,000 a year to comfortably cover the monthly costs of a home in Kansas City. A family of four will spend on average $3,794 or more a month. That includes groceries, utilities, childcare (if both parents work) and school expenses.
What is considered a living wage in 2020?
In 2020, the Department of Health and Human Services set the federal poverty level at $26,200 for a family of four. 5 That’s equivalent to about $12.60 per hour for a full-time worker. A living wage must at least be greater than the poverty level.
What is a living wage in Wichita Kansas?
In Wichita, researchers found a living wage of $13.10 an hour for a single adult with no children. But the minimum wage in the city is $7.25, the same as the federal wage floor that hasn’t moved since 2009. While the minimum wage there is higher at $8.80 an hour, the living wage is the same.
Is Kansas a cheap place to live?
Kansas is the fourth-cheapest state in America. The cost of living in Kansas is about 12.1% less than the rest of the country, and the average household income is about $41,644.
What is middle class in Kansas?
The common approach is to categorize the middle class as the group of earners at the center of the earnings scale, or the median….Popular Articles.
| State | Middle-class income | Median household income |
|---|---|---|
| Kansas | $46,485 | $62,087 |
| Alabama | $45,559 | $51,734 |
| Oklahoma | $44,008 | $54,449 |
| Iowa | $43,997 | $61,691 |
How many millionaires live in Kansas?
Kansas. Kansas has more than 66,000 millionaire households out of a total of about 1.1 million households, but the state is known more for affordable living than for conspicuous consumption.
What is a good living wage for a single person?
According to their analysis, an employed single adult currently needs A$597 per week (before tax, and including housing costs) to live healthily. A couple with two young children needs almost twice as much: A$1,173. The national minimum wage is currently A$695 for a full-time worker.
What is the minimum wage in Kansas in 2021?
$7.25
Federal Minimum Wage Information
| State | 2011 | 2021 |
|---|---|---|
| Kansas | $7.25 | $7.25 |
| Kentucky | $7.25 | $7.25 |
| Louisiana | $7.25 | $7.25 |
| Maine | $7.50 | $12.15 |
How is the cost of living in Kansas determined?
A comparison of the Cost of Living indexes across major Kansas Cities compared to the national average. The calculations are based on the total cost of energy, food, healthcare, housing and transportation, among other factors.
How can I compare my salary to the cost of living?
Use Salary.com’s Cost of Living Calculator to easily compare the cost of living in your current location to the cost of living in a new location. We use the Consumer Price Index ( CPI) and salary differentials of over 300+ US cities to give you a comparison of costs and salary.
Which is the largest city in the state of Kansas?
Kansas /ˈkænzəs/ (listen) is a U.S. state in the Midwestern United States. Its capital is Topeka and its largest city is Wichita, with its most populated county being Johnson County. Kansas is bordered by Nebraska on the north; Missouri on the east; Oklahoma on the south; and Colorado on the west.
What makes up the cost of living index?
In the simplest terms, a Cost of Living index is the estimated amount that represents the cost of the basic necessities required for an individual to live. A cost of living or COL estimate may typically include estimates for housing, food, energy, medical care, transportation, taxes, and other necessities.
