The cost of living for K-State students increased this year but generally remained consistent with national inflation rates, according to a report by a student group at the university.
The K-State Economics Club’s 2024 Student Price Index reflects a 3.1% jump in student cost of living compared to a 2.4% average increase nationwide based on the Consumer Price Index.
However, “core inflation” — which ignores volatile price changes in food and energy — amounts to 3.3%, according to the U.S. Bureau of Labor Statistics. Therefore, Economics Club members said in their report the inflation numbers for K-State students are “consistent with the national average for consumers.”
