Cynthiana, KY, has a lower cost of living index compared to the nationwide average, with the overall index at 85. This means that living expenses in Cynthiana are generally about 15% less than the national average. Housing, priced at 75, stands out as the most affordable category, while transportation costs at 95 are slightly higher than the national average.
Cynthiana, KY, presents a cost of living that is notably lower than the nationwide average. Based on a cost of living index where the national average is set at 100, Cynthiana scores 86 in total. This means that overall expenses in Cynthiana are about 14% less than the average American city. For instance, housing costs in Cynthiana are set at 75 on the index, reflecting a 25% reduction from the national average. This lower housing cost can be a significant advantage for those looking to buy or rent a home in this area.
In addition to housing, other categories show varying degrees of savings or expenses. For example, groceries in Cynthiana are priced at 90 on the index, which is 10% less than the national average. Utilities cost 85, slightly lower than the average. Transportation, however, shows a slight increase, with a cost of 95 on the index, which is 5% higher than average. Healthcare expenses are also below the average at 80 on the index, offering a 20% savings. Miscellaneous costs stand at 88, which is 8% less than the national average. Overall, Cynthiana offers a more affordable lifestyle in several key areas compared to the nationwide average.
