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Metro cost profile · 2024 BEA RPP

Lawrence, KS

Cost-of-living indicators for Lawrence, KS, from Bureau of Economic Analysis Regional Price Parities — overall, goods, services, and rents vs the U.S. average of 100.

90.2
Overall RPP
#284
of 387 metros
71.6
Rents RPP
$111K
$100K national buys

The verdict

Lawrence costs less than 73% of U.S. metros — an overall index of 90.2, 9.8% below the national average, with rents the biggest swing at 71.6.

90.2
overall cost index (US average = 100)
#284
most expensive of 387 U.S. metros
bottom 27%
by overall cost, nationwide
71.6
rents RPP — the biggest budget swing

A $100,000 national salary carries the purchasing power of about $110,812 here; matching a $100K lifestyle takes roughly $90,243.

What the Numbers Mean for Lawrence

Lawrence ranks #284 of 387 U.S. metro areas measured by the Bureau of Economic Analysis, placing it in the lower half by cost. With an overall Regional Price Parity of 90.2, Lawrence, KS is 9.8% less expensive than the national baseline of 100. The gap between Lawrence's most and least expensive categories — the priciest line item versus rents at 71.6 — is what drives the household budget experience on the ground, not the single headline number.

Translated into dollars, a nationally-benchmarked $100,000 salary carries the purchasing power of $110,812 inside Lawrence, while a household needs roughly $90,243 here to match a $100K lifestyle elsewhere. Rents carry the biggest swing in the BEA formula and are indexed at 71.6 — 28.4% below the national average — so anyone weighing a move or a remote-work arbitrage should treat the housing line as the single largest variable in the equation.

Looking at the 2008-2024 trajectory, Lawrence's overall index has fallen by 7.9 points, improving relative affordability. For the 2024 data year, goods are indexed at 94.0 and services at 89.3, meaning everyday spending in Lawrence is governed more by the services and rent mix than by retail goods prices. Readers comparing multiple destinations should always pair the RPP headline with local wage data and housing costs before drawing relocation conclusions.

Lawrence vs every U.S. metro

Where this metro sits in the national cost distribution

90 Top 73% higher than 27% of 387 US metros

80–84: 3 US metros (1%). Below this entry. 84–88: 48 US metros (12%). Below this entry. 88–92: 94 US metros (24%). This entry sits in this band. 92–96: 97 US metros (25%). Above this entry. 96–100: 55 US metros (14%). Above this entry. 100–104: 54 US metros (14%). Above this entry. 104–108: 17 US metros (4%). Above this entry. 108–112: 14 US metros (4%). Above this entry. 112–116: 5 US metros (1%). Above this entry. 116–120: 0 US metros (0%). Above this entry. This metro 80 120 every US metro, bucketed by value

Each bar is a band; taller bars hold more US metros. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Bureau of Economic Analysis — Regional Price Parities · 2024

Lawrence cost breakdown

BEA RPP by category — 100 = national average

RPP

What this shows Lawrence's gap from the national average is led by rents at 71.6. Goods barely move between metros; the spread you feel is housing and services.

Source U.S. Bureau of Economic Analysis — Regional Price Parities As of 2024

Goods vs. housing — where Lawrence's cost comes from

Metros near Lawrence's overall cost, plotted by their goods price (horizontal) and housing price (vertical). Same headline RPP, very different structures.

Crosshairs sit at the group median (goods 94.3, rents 64.3). Lawrence is more housing-led than its peers — its rents run higher than its goods. These metros sit near Lawrence's overall cost, yet they spread across the chart — proof that two places at the same headline RPP can have very different goods-vs-housing structures.

Crosshairs sit at the group median (goods 94.3, rents 64.3). Lawrence is more housing-led than its peers — its rents run higher than its goods. These metros sit near Lawrence's overall cost, yet they spread across the chart — proof that two places at the same headline RPP can have very different goods-vs-housing structures. 2×2 strategic matrix plotting 7 entities by Goods RPP (tradable items) → (X) and Rents RPP (housing) → (Y), with a crosshair dividing the plot into four quadrants. Pricier on bothMore housing-ledMore goods-ledCheaper on both 9394959697 5560657075 Goods RPP (tradable items) → Rents RPP (housing) → LawrenceLas CrucesBowling GreenManhattanRomeElkhartAbilene
Crosshairs sit at the group median (goods 94.3, rents 64.3). Lawrence is more housing-led than its peers — its rents run higher than its goods. These metros sit near Lawrence's overall cost, yet they spread across the chart — proof that two places at the same headline RPP can have very different goods-vs-housing structures.

Price Index Summary

Overall

90.2

-9.8 below avg

Goods

94.0

-6.0 below avg

Services

89.3

-10.7 below avg

Rents

71.6

-28.4 below avg

Salary Equivalent

A $100,000 salary at the national average cost of living equals:

$90,243

in Lawrence, KS purchasing power

$50,000 nationally
$45,122
$75,000 nationally
$67,682
$125,000 nationally
$112,804
$150,000 nationally
$135,365
$200,000 nationally
$180,486

Use the salary calculator for custom amounts.

RPP History (2008-2024)

The cost of living has been trending downward, decreasing by 7.9 points over this period.

Year Overall
2008 98.2
2009 97.7
2010 97.5
2011 95.9
2012 96.0
2013 96.1
2014 96.5
2015 93.1
2016 94.1
2017 94.3
2018 94.3
2019 92.2
2020 94.0
2021 92.8
2022 92.2
2023 90.9
2024 90.2

Metros with Similar Cost of Living

These metros have an overall RPP closest to Lawrence, KS's index of 90.2.

What this means for Lawrence

How to read Lawrence's cost of living before a move, a job offer, or a budget.

  • Budget to local prices, not headline pay — a $100K national salary spends like about $110,812 in Lawrence. Salary calculator
  • Weigh housing heaviest: rents here index at 71.6 (28.4% below average) — the single largest swing in the RPP, while goods barely move between metros.
  • Local median household income is $68,756; adjusted for Lawrence's price level that is about $76,190 in national-average buying power.
  • Compare Lawrence head-to-head against a specific destination before you decide. Compare metros

RPP is BEA's annual price-level benchmark for the data year shown — not a live market quote. Pair it with current local wages and housing costs before deciding.

Frequently Asked Questions

What is the cost of living in Lawrence, KS?
Lawrence, KS has a Regional Price Parity (RPP) index of 90.2, meaning it is 9.8% less expensive than the national average. Goods are indexed at 94.0, services at 89.3, and rents at 71.6. It ranks #284 out of 387 U.S. metro areas by overall cost.
What salary do I need in Lawrence, KS to match $100K nationally?
To maintain the same purchasing power as a $100,000 salary at the national average, you would need approximately $90,243 in Lawrence, KS. Conversely, $100K earned in Lawrence, KS has the purchasing power of $110,812 at the national average.
How expensive is rent in Lawrence, KS?
Rents in Lawrence, KS are indexed at 71.6, which is 28.4% below the national average. This makes the area relatively affordable for renters.
Is Lawrence, KS getting more expensive?
From 2008 to 2024, Lawrence, KS's overall cost index changed by -7.9 points (from 98.2 to 90.2). The cost of living has been declining.
What metros have a similar cost of living to Lawrence, KS?
Metros with the most similar overall cost index include Las Cruces, Bowling Green, Manhattan. These areas have RPP values within a few points of Lawrence, KS's 90.2.

Source: Bureau of Economic Analysis, Regional Price Parities by Metropolitan Statistical Area (2024). Index where national average = 100.

Data sourced from official public datasets. See our methodology for details. Retrieved and formatted by PlainCost Editorial

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the Bureau of Economic Analysis (BEA). Consult a qualified professional before making decisions based on this data.

Federal data behind these figures
  • BEA Regional Price Parities (RPP) — the cost-of-living indices shown on this page. bea.gov/data/regional-price-parities
  • U.S. Census Bureau, American Community Survey (ACS) — the gross-rent observations BEA uses to build the rents component. census.gov/programs-surveys/acs
  • BLS Consumer Price Index (CPI) — the price program underlying BEA's goods and services price relatives. bls.gov/cpi
  • BLS Occupational Employment and Wage Statistics (OEWS) — wage reference for the labor-driven services component. bls.gov/oes
  • HUD Fair Market Rents (FMR) — federal 40th-percentile rent cross-reference for the housing component. huduser.gov/datasets/fmr