Cost of Living in McPherson, KS
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
104.0
100 = national avg
+4.0 vs national average
Living Wage (1 Adult)
$45,750
per year
Living Wage (Family of 4)
$108,135
per year
Cost Index by Category
Housing105.9
Food109.4
Transportation74.8
Healthcare107.5
Utilities106.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$701
per month
2 Bedroom
$920
per month
The overall cost of living index in McPherson is 104.0, which is 4.0% above the national average. Housing costs are above the national average at an index of 105.9. A single adult needs to earn approximately $45,750 per year to cover basic expenses.