Fort Mitchell, KY, offers a cost of living that is slightly lower than the nationwide average. The overall cost of living index for Fort Mitchell stands at 91, which is 9% below the average of 100. This makes Fort Mitchell an attractive option for those looking to manage living expenses effectively while maintaining a good quality of life.
Specifically, housing costs are 10% below the average, groceries are 5% below, utilities are 8% below, transportation costs are 12% below, healthcare costs are 15% below, and miscellaneous expenses are 3% above the national average. This balanced distribution across categories provides a comprehensive view of the affordability in Fort Mitchell.
Fort Mitchell, KY, offers a cost of living that is slightly below the nationwide average. The housing index stands at 90, which means housing costs are 10% less than the national average. This can be a significant advantage for those looking to save on their monthly expenses. Additionally, groceries are priced at 95, indicating a 5% savings compared to the national average. This makes everyday shopping a bit more affordable for residents.
Utilities in Fort Mitchell, KY, are priced at 92, which is 8% below the national average. This means that expenses related to electricity, gas, and water are more economical here. Transportation costs are also lower, with an index of 88, representing a 12% reduction. This can lead to savings on commuting and daily travel. Healthcare costs are at 85, which is 15% lower than the national average, offering potential savings on medical expenses. Miscellaneous costs, however, are slightly higher, with an index of 97, indicating a 3% increase. Overall, Fort Mitchell provides a cost-effective living environment with several areas where residents can save money.
