Cost of Living in Formoso, KS
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
34.1
100 = national avg
-65.9 vs national average
Living Wage (1 Adult)
$15,012
per year
Living Wage (Family of 4)
$35,484
per year
Cost Index by Category
Housing22.0
Utilities76.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$712
per month
2 Bedroom
$877
per month
The overall cost of living index in Formoso is 34.1, which is 65.9% below the national average. Housing costs are below the national average at an index of 22.0. A single adult needs to earn approximately $15,012 per year to cover basic expenses.