Barbourville, KY, showcases a favorable cost of living compared to the nationwide average, which is indexed at 100. Specifically, the cost of living in Barbourville stands at 88, suggesting a more affordable lifestyle overall for residents. This lower cost of living is advantageous for job seekers and families looking for a more budget-friendly environment.
Individually, the Housing index in Barbourville is 78, indicating that housing costs are 22% below the national average. This is followed by Groceries at 95, which is only 5% below the national average, suggesting that food expenses are nearly on par with the rest of the country. Utilities, Transportation, Healthcare, and Miscellaneous categories also fall below or near the national average, making Barbourville a sensible choice for those seeking lower living expenses.
The cost of living index in Barbourville, Kentucky, offers potential residents a clearer picture of what to expect financially. Compared to the nationwide average of 100, Barbourville shows a notably lower housing index at 78. This means that housing costs in Barbourville are 22% lower than the national average. For job seekers, this can be a significant advantage, as housing often represents the largest portion of personal expenses.
Other areas in Barbourville also reflect lower costs. Groceries, utilities, transportation, healthcare, and miscellaneous items are slightly lower than the national average but not drastically so. Groceries cost 95, utilities 92, transportation 85, healthcare 90, and miscellaneous items 88. These figures mean that, aside from housing, living expenses in Barbourville remain competitive with national standards, providing a balanced approach for those considering relocating.
