Edgewood, KY, offers a cost of living that is slightly below the nationwide average. The overall cost of living index for Edgewood stands at 94, which is 6% lower than the national average of 100. This makes Edgewood a more affordable place to live in terms of housing, groceries, utilities, transportation, healthcare, and miscellaneous expenses. Job seekers looking for a balance between quality of life and affordability will find Edgewood's cost of living quite appealing.
The cost of living in Edgewood, KY, presents a favorable comparison to the nationwide average, which is set at 100. Edgewood's housing index stands at 95, indicating that housing costs are 5% lower than the national average. This makes it a more affordable option for those looking to settle in the area. Additionally, the groceries index is slightly above the average at 98, meaning groceries cost 2% less than the national average.
Utilities in Edgewood are priced at 90, which is 10% below the national average. This reduction can lead to significant savings for residents. Transportation costs are also 8% lower, with an index of 92. Healthcare costs are nearly on par with the national average, with an index of 97, indicating a minor 3% increase. Miscellaneous expenses, with an index of 94, are 6% lower than the national average. Overall, Edgewood offers a cost of living that is competitive and often more affordable than the national average.
