Berea, KY, offers a notably lower cost of living compared to the nationwide average of 100. The overall cost of living index for Berea is 87, suggesting a 13% decrease from the national average. This makes Berea an attractive location for those seeking affordable living expenses while maintaining a decent quality of life. Key areas like housing and miscellaneous costs are particularly lower, contributing significantly to the overall savings.
Berea, KY, offers a cost of living that is noticeably lower than the nationwide average, which is set at 100. Housing, in particular, stands out with an index value of 72. This means that housing expenses in Berea are about 28% less than the national average. Lower housing costs make it an attractive option for job seekers looking to save on their monthly expenses.
In addition to housing, other living expenses in Berea are also generally lower than the national average. Groceries, for example, have an index of 95, meaning they are only 5% more expensive than the national average. Utilities, transportation, healthcare, and miscellaneous items each have index values that range from 85 to 95. This shows that while some areas like groceries and utilities are close to the national average, others like healthcare are slightly above. Overall, Berea provides an affordable living environment that is beneficial for professionals considering relocation.