Forbes magazine
recently named Wichita the No. 1 place in the country
to live the good life cheaply. In Wichita, the magazine
found it takes $189,305 a year to afford a great house
in a great neighborhood, along with amenities like private
schools and luxury cars. Wichita's low prices compare
with $260,995 in Minneapolis, MN and $483,775 in New
York City.
Cost of living index
(Wichita is more than 5 percent below the national average of 100.0)
Average Home Price, Middle Management Housing, 2004
The subject home type is a single-family dwelling model with approximately
2,200 sq.ft., 4 bedrooms, 2 1/2 baths, family room (or equivalent) and 2-car
garage. Surveyed homes and neighborhoods are typical for corporate middle-management
transferees. Where Coldwell Banker reports multiple submarkets for a metro, the
price indicated is an unweighted average of the reported submarkets.
