Cost of Living in Lakin, KS
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
114.2
100 = national avg
+14.2 vs national average
Living Wage (1 Adult)
$50,240
per year
Living Wage (Family of 4)
$118,750
per year
Cost Index by Category
Housing103.6
Food114.4
Transportation128.8
Healthcare111.5
Utilities109.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,087
per month
2 Bedroom
$1,426
per month
The overall cost of living index in Lakin is 114.2, which is 14.2% above the national average. Housing costs are above the national average at an index of 103.6. A single adult needs to earn approximately $50,240 per year to cover basic expenses.