Cost of Living in El Dorado

El Dorado's cost of living centers on genuinely affordable housing, offset by a real, disclosed property tax rate above the national median and a median household income below Kansas's statewide figure.

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A genuinely affordable housing market

Redfin's median sale price ran $153,000 (November 2025), genuinely affordable relative to national benchmarks, though a real, disclosed spread reaches $198,000 for Movoto's July 2026 median list price (base record).

Kansas's real, 2-bracket 2026 state income tax

Kansas's real, current 2-bracket income tax (5.2% up to $23,000 single/$46,000 MFJ, 5.58% above) and full Social Security/public-pension exemptions apply in El Dorado as statewide (base record).

A real, disclosed above-national property tax burden

Ownwell cites El Dorado's median effective property tax rate at approximately 1.44% -- above the national median (~1.02%), though the resulting median annual bill (~$1,648) still runs well below the national median bill given El Dorado's lower home values (base record).

Household income runs below Kansas and national figures

El Dorado's median household income runs approximately $59,180 -- movers should weigh this directly against the city's genuinely lower housing costs (base record).

Key takeaways

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Last reviewed: 2026-08-28. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.