The cost of living index in Cadiz, KY, is notably lower than the nationwide average of 100. Specifically, Cadiz's overall cost of living stands at 89, reflecting a 11% reduction from the national average. This lower cost of living makes Cadiz an attractive option for job seekers looking to maximize their purchasing power.
Breaking down the categories, housing costs in Cadiz are 13% below the national average, while groceries are only 5% lower. Utilities and transportation also show slight decreases at 10% and 12%, respectively. Healthcare costs are slightly above the average at 8%, and miscellaneous expenses are 15% lower. This balanced distribution across categories highlights Cadiz's affordability.
The cost of living in Cadiz, KY, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Cadiz stand at 87, indicating that residents can expect to pay about 13% less than the national average. This reduction in housing expenses can be a significant advantage for those relocating to the area, as it allows for more disposable income for other necessities.
In addition to housing, other cost categories in Cadiz also reflect a lower cost of living. Groceries, for example, are priced at 95, which is 5% less than the national average. Utilities cost 90, which is 10% lower, while transportation costs are 88, representing a 12% decrease. Healthcare costs are slightly above the average at 92, but still only 8% higher. Miscellaneous expenses are at 85, which is 15% lower than the national average. Overall, the cost of living in Cadiz, KY, offers a competitive advantage for those looking to manage their expenses effectively.
