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.
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
90Top 73%higher than 27% of 387 US metros
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
Rents
71.6
Rents
71.6 RPP
76.2% of the leader · rank #1 · -28.4 vs avg
Services
89.3
Services
89.3 RPP
95.0% of the leader · rank #2 · -10.7 vs avg
Overall
90.2
Overall
90.2 RPP
96.0% of the leader · rank #3 · -9.8 vs avg
Goods
94
Goods
94 RPP
100.0% of the leader · rank #4 · -6.0 vs avg
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.
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.
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:
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.
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.
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