Cost of Living in Wallace, KS
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
50.9
100 = national avg
-49.1 vs national average
Living Wage (1 Adult)
$22,375
per year
Living Wage (Family of 4)
$52,887
per year
Cost Index by Category
Housing36.3
Transportation64.9
Utilities80.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$758
per month
2 Bedroom
$877
per month
The overall cost of living index in Wallace is 50.9, which is 49.1% below the national average. Housing costs are below the national average at an index of 36.3. A single adult needs to earn approximately $22,375 per year to cover basic expenses.