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College Costs in McPherson, KS 2026

Compare tuition, housing, and financial aid across 1 colleges in McPherson, Kansas. Use our free calculator to estimate your total cost.

Avg Public Tuition

$10,000

per year

Avg Private Tuition

$28,000

per year

Avg Rent Near Campus

$459

per month

Colleges & Universities

1

institutions

McPherson Overview

Population

13,155

Student Population

1,669 (12.7%)

Cost of Living Index

81.5 (avg: 100)

Walk Score

38/100

Transit Score

13/100

Unemployment Rate

3.6%

College Cost Calculator for McPherson

Cost Inputs

Total Cost (4 Years, Public In-State)

$96,084

Total After Financial Aid

$96,084

Annual Cost

$24,021

Annual After Aid

$24,021

Cost Breakdown (4 Years)

Tuition$40,000
Room & Board$56,084

If Financed (10-Year Loan at 6.5%)

Loan Amount$96,084
Monthly Payment$1,091
Total Interest$34,838
Total Loan Cost$130,922

Universities in McPherson

UniversityTypeAnnual Tuition
McPherson State UniversityPublic$9,006
McPherson Community CollegeCommunity$5,451

McPherson has 1 total colleges and universities. Tuition figures are approximate annual in-state rates for the 2025-2026 academic year.

Cost of Living in McPherson vs. National Average

CategoryMcPhersonNational AvgDifference
Public Tuition (In-State)$10,000$10,940-$940
Monthly Rent Near Campus$459$1,050-$591
Cost of Living Index81.5100-18.5

McPherson's cost of living is below the national average. This makes it a more affordable city for students compared to many other college towns.

Student Life in McPherson

38

Walk Score

Car-Dependent

13

Transit Score

Minimal Transit

12.7%

Student Population

1,669 students

McPherson has a total population of 13,155, with approximately 1,669 college students (12.7% of the population). McPherson has a significant student presence that contributes to a diverse cultural scene with restaurants, entertainment, and networking opportunities.

Post-Graduation Outlook in McPherson

$41,081

Starting Salary

3.6%

Unemployment Rate

54%

Graduation Rate

~16 yrs

ROI Payback Period

Return on Investment Analysis

Graduates from colleges in McPherson earn a median starting salary of $41,081, which is $6,081 more per year than the average high school graduate salary of $35,000. At a 4-year public university cost of $96,084 (including room and board), it would take approximately 16 years of the salary premium to recoup the investment. With average financial aid of $11,776 per student per year, the net cost and payback period can be significantly reduced.

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