Cold Spring, KY, presents a cost of living that is notably lower than the nationwide average, which is set at 100. The overall cost of living index in Cold Spring is 90, showing a 10% reduction compared to the national average. This makes Cold Spring an attractive option for those looking to minimize their living expenses while maintaining a reasonable quality of life.
Specifically, housing costs in Cold Spring are 15% below the national average, standing at 85. Groceries and miscellaneous costs are also relatively lower, with indices of 92 and 90, respectively. Utilities, healthcare, and transportation indices of 98, 95, and 88 reflect minor deviations from the national average, with utilities being a notable exception at just 2% above average. This balanced distribution highlights Cold Spring as a cost-effective choice for various aspects of living.
Cold Spring, KY, offers a cost of living that is generally lower than the nationwide average. The housing index in Cold Spring stands at 85, which means housing costs are 15% less than the national average. This makes it an attractive option for job seekers looking for affordable housing.
Exploring other categories, groceries in Cold Spring are priced at 92 on the index, indicating a 2% increase compared to the national average. Utilities cost slightly less, with an index of 98, showing a 2% decrease. Transportation costs in Cold Spring are at 88, suggesting an affordable 12% reduction. Healthcare services have a cost of living index of 95, which is 5% below the national average. Lastly, miscellaneous expenses are at 90, only 10% below the nationwide average. Overall, Cold Spring provides a cost of living that is notably lower than the national average, making it a smart choice for those seeking to manage their budget effectively.
