Cost of Living in Tipton, KS
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
61.2
100 = national avg
-38.8 vs national average
Living Wage (1 Adult)
$26,941
per year
Living Wage (Family of 4)
$63,678
per year
Cost Index by Category
Housing55.3
Transportation58.1
Utilities86.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$668
per month
2 Bedroom
$877
per month
The overall cost of living index in Tipton is 61.2, which is 38.8% below the national average. Housing costs are below the national average at an index of 55.3. A single adult needs to earn approximately $26,941 per year to cover basic expenses.