Cost of Living in Lawrence, KS

Updated November 2026 · Douglas County · Lawrence, KS metro area · population 96,051

Local cost index (CostLiving estimate)
89.9
Much cheaper than the US average
BEA index for the Lawrence, KS metro area: 90.2
Monthly budget
$2,384
single adult · $4,868 family of 4
Modelled estimate, before taxes
Median rent
$1,091
per month, gross rent · US $1,413
Median home value
$292,700
US $332,700 · Moderate

Prices in Lawrence are 10.1% below the US average (local index 89.9; the BEA index for the Lawrence, KS metro area is 90.2), with local housing the biggest saving at 71.9; a single adult's modelled budget is about $2,384 a month and the median rent is $1,091.

Prices by category

CostLiving local estimate. 100 = US average; 110 means prices are 10% higher. Housing reflects Lawrence's own median rent compared with the area's average rent; goods, utilities and other services are BEA's official price parities for the Lawrence, KS metro area, unchanged.

Lawrence price index by category, US average = 100: All items 89.9, Housing (rents) 71.9, Goods 94.0, Utilities 89.3, Other services 93.8

Cheaper than US average More expensive · CostLiving estimate from BEA RPP 2024 and Census ACS rents

It is the 6th most expensive of the 10 Kansas cities in our data. Cheaper than 93% of the cities we cover.

Official BEA Regional Price Parities for the Lawrence, KS metro area. 2024: goods 94.0, housing 71.6, utilities 89.3, other services 93.8.
BEA index201920202021202220232024
All items92.294.092.892.290.990.2

Monthly budget by household type

1 adult · 1-bedroom · modelled estimate for Lawrence, KS

CategoryPer monthPer yearShare
Housing (rent) $821 $9,852 34%
Utilities $233 $2,796 10%
Food at home $265 $3,180 11%
Transportation $578 $6,936 24%
Health care $330 $3,960 14%
Clothing, personal care & supplies $157 $1,884 7%
Total$2,384$28,608100%

2 adults · 2-bedroom · modelled estimate for Lawrence, KS

CategoryPer monthPer yearShare
Housing (rent) $929 $11,148 24%
Utilities $371 $4,452 10%
Food at home $490 $5,880 13%
Transportation $1,144 $13,728 30%
Health care $611 $7,332 16%
Clothing, personal care & supplies $310 $3,720 8%
Total$3,855$46,260100%

2 adults + 2 children · 3-bedroom · modelled estimate for Lawrence, KS

CategoryPer monthPer yearShare
Housing (rent) $1,226 $14,712 25%
Utilities $452 $5,424 9%
Food at home $698 $8,376 14%
Transportation $1,524 $18,288 31%
Health care $569 $6,828 12%
Clothing, personal care & supplies $399 $4,788 8%
Total$4,868$58,416100%

Modelled estimate of basic costs, excluding taxes, child care and savings. Housing is rent excluding tenant-paid utilities (counted under utilities). See how the budget is calculated.

Housing costs in Lawrence

Rent by number of bedrooms

SizeMedian rent
Studio $796
1 bedroom $971
2 bedrooms $1,098
3 bedrooms $1,449
4 bedrooms $1,822

Median rent: Census ACS 2020-2024 median gross rent by bedrooms (rent plus tenant-paid utilities, all renters).

Rent, home values and affordability

MeasureValue
Median gross rent$1,091
Median contract rent (excl. utilities)$923
Median home value$292,700
Owner costs with a mortgage$1,904/mo
Median household income$65,009
Rent as % of renter income Expensive31.2%
Home value ÷ household income Moderate4.5×

Census ACS 5-year 2020-2024.

Electricity and gas prices

Residential electricity in Kansas

15.47¢ per kWh, August 2026

12-month change: +5.6% (from 14.65¢) · US 18.16¢

Aug 2025: 14.65¢/kWh Sep 2025: 15.06¢/kWh Oct 2025: 15.03¢/kWh Nov 2025: 14.97¢/kWh Dec 2025: 14.31¢/kWh Jan 2026: 14.29¢/kWh Feb 2026: 15.11¢/kWh Mar 2026: 15.34¢/kWh Apr 2026: 15.78¢/kWh May 2026: 15.13¢/kWh Jun 2026: 15.71¢/kWh Jul 2026: 15.27¢/kWh Aug 2026: 15.47¢/kWh

Average household uses 886 kWh a month in Kansas ≈ $134/month. Source: EIA-861M (statewide average).

Regular gasoline regional figure: Midwest (PADD 2)

$4.10 per gallon, week of 2026-11-02

12-month change: +45.0% (from $2.83) · US $4.15

2026-05-11: $4.405/gal 2026-05-18: $4.399/gal 2026-05-25: $4.352/gal 2026-06-01: $4.135/gal 2026-06-08: $3.945/gal 2026-06-15: $3.861/gal 2026-06-22: $3.723/gal 2026-06-29: $3.625/gal 2026-07-06: $3.531/gal 2026-07-13: $3.662/gal 2026-07-20: $3.780/gal 2026-07-27: $3.882/gal 2026-08-03: $3.929/gal 2026-08-10: $3.816/gal 2026-08-17: $3.938/gal 2026-08-24: $3.934/gal 2026-08-31: $3.847/gal 2026-09-07: $3.894/gal 2026-09-14: $4.091/gal 2026-09-21: $4.386/gal 2026-09-28: $4.291/gal 2026-10-05: $4.109/gal 2026-10-12: $4.145/gal 2026-10-19: $4.145/gal 2026-10-26: $4.269/gal 2026-11-02: $4.102/gal

EIA weekly retail price survey; Kansas is covered by the Midwest (PADD 2) average.

Inflation in the Midwest

Consumer prices in the Midwest Census region rose +4.2% in the 12 months to September 2026 (US +3.7%). Nationally, food at home changed +1.8%, shelter +3.2% and energy +20.4%. Source: BLS CPI-U, not seasonally adjusted. CPI is published for regions and large metro areas, so the regional figure is shown.

Salary equivalent

Because prices in Lawrence are 10.1% below the US average, $60,000 here has the buying power of about $66,800 in an average-priced US area.

Same buying power in an average-priced US area$66,800
Needed in Lawrence to match $60,000 in an average-priced US area$53,900

Formula: US-equivalent = salary × 100 ÷ 89.9. Based on the local cost index (CostLiving estimate from BEA RPP and Census rents); taxes not included.

Nearby cities

CityDistanceIndexBudget (single)Median rent
Topeka, KS24 mi89.0 $2,146$979
Olathe, KS25 mi92.9 $2,556$1,314
Lenexa, KS25 mi94.6 $2,768$1,454
Shawnee, KS25 mi93.0 $2,587$1,322
Kansas City, KS30 mi90.5 $2,268$1,123
Overland Park, KS31 mi95.4 $2,731$1,515

Cities with a similar cost of living

CityIndexBudget (single)Median rent
Springfield, OH89.9 $2,095$851
Greenville, NC89.9 $2,267$1,007
Baton Rouge, LA89.9 $2,291$1,067
Tuscaloosa, AL89.8 $2,295$1,055
Muncie, IN89.9 $2,158$904
Marshfield, WI90.0 $2,188$842

Compare Lawrence with another city

Frequently asked questions

Is Lawrence, KS an expensive place to live?

Lawrence has a local cost of living index of 89.9, which is 10.1% below the US average. This CostLiving estimate starts from the BEA Regional Price Parities 2024 for the Lawrence, KS metro area (90.2) and adjusts housing to Lawrence's own rents. It is 0.2 points below the Kansas average. It is the 6th most expensive of the 10 Kansas cities in our data. Cheaper than 93% of the cities we cover.

How much money do you need to live in Lawrence?

Our modelled estimate of basic monthly costs is $2,384 for a single adult, $3,855 for a couple and $4,868 for a family of four, before taxes, child care and savings. A $60,000 salary in an average-priced US area buys about the same as $53,900 in Lawrence.

What is the average rent in Lawrence?

The median gross rent (rent plus tenant-paid utilities) is $1,091 a month (Census ACS 2020-2024). By size: 1 bedroom $971, 2 bedrooms $1,098, 3 bedrooms $1,449. The typical renter spends 31.2% of household income on rent (expensive).

How much does a house cost in Lawrence?

The median owner-estimated home value is $292,700, 4.5 times the median household income of $65,009 (moderate). Owners with a mortgage pay a median $1,904 a month in housing costs.

How much is electricity and gas in Lawrence?

Kansas residential electricity averaged 15.47¢ per kWh in August 2026 (US 18.16¢). Regular gasoline was $4.10 a gallon (Midwest (PADD 2) average, week of 2026-11-02).

Sources and notes

Labels such as “county figure” or “state nonmetro figure” mark values that come from a larger area because the city-level figure is unavailable or unreliable. The monthly budget is a modelled estimate, not observed spending, and excludes taxes. This page is for general information and is not financial advice. Methodology · All sources