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Cost of Living in Hays, KS

Population 21,143 · Census ACS 2020–2024 5-year estimates

Median rent$922
Median home value$225,500
Median household income$58,459

The median rent in Hays, KS is $922/month, 13% lower than the Kansas median and 35% lower than the U.S. median. The median home value is $225,500, 32% lower than the national median. Households earn a median of $58,459 a year, 21% lower than the state median.

Affordability

Rent as a share of median income: 18.9%
Income needed for median rent (30% rule): $36,880/yr
Home price-to-income ratio: 3.9×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,140/mo

Run your own numbers: mortgage calculator · hourly to salary

Hays vs. Kansas vs. U.S.

HaysKansasU.S.
Median rent$922$1,060$1,413
Median home value$225,500$217,200$332,700
Median household income$58,459$74,275$80,734
Homeownership rate58.5%67.2%65.2%
Bachelor's degree or higher42.7%35.6%35.7%
Poverty rate20.1%11.3%12.5%
Unemployment rate3.6%3.9%5.2%
Work from home5.2%11.8%15.1%
Median age30.237.438.9

FAQ

What is the average rent in Hays, KS?

The median gross rent in Hays, KS is $922 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Hays, KS?

Using the common 30% rule, renting a median-priced home takes about $36,880 a year in gross income.

Is Hays, KS expensive to live in?

Rent there is 35% lower than the U.S. median, and the median home costs about 3.9 times the median household income.

Other cities in Kansas

Wichita, KSRent $975 · Income $64,620Overland Park, KSRent $1,515 · Income $104,834Kansas City, KSRent $1,123 · Income $62,401Olathe, KSRent $1,314 · Income $114,009Topeka, KSRent $979 · Income $56,956Lawrence, KSRent $1,091 · Income $65,009

Cities with a similar cost of living

North Platte, NERent $921 · Income $58,097Gallup, NMRent $927 · Income $58,303Burlington, IARent $924 · Income $59,000Bartlesville, OKRent $916 · Income $58,869Waterloo, IARent $923 · Income $57,480Paragould, ARRent $925 · Income $56,980

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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