The cost of living index in Cold Spring, KY, shows a mixed picture compared to the nationwide average. Housing costs 10% less, while utilities are 10% higher. Groceries, transportation, healthcare, and miscellaneous expenses are close to the national average, with slight variations. Overall, Cold Spring offers a balanced living experience with some areas being more affordable and others slightly more expensive.
The cost of living in Cold Spring, KY, presents a mix of affordability and higher expenses when compared to the nationwide average. Housing costs in Cold Spring are notably lower, with an index of 90, which means they are 10% cheaper than the national average. This makes housing a more budget-friendly option for those relocating to Cold Spring. Similarly, groceries in Cold Spring have an index of 95, indicating a 5% savings on food expenses compared to the national average.
However, some areas show higher costs. Utilities in Cold Spring have an index of 110, meaning they are 10% more expensive than the national average. Transportation costs also edge slightly higher, with an index of 105, which is 5% above the national average. Healthcare costs in Cold Spring are on par with the national average, with an index of 90, showing no significant difference. Miscellaneous expenses match the national average at 100, indicating no change in cost for these items. Overall, Cold Spring offers a balanced cost of living with some savings and a few areas of higher expense.
