The cost of living index in Fort Mitchell, KY, shows a slightly lower cost compared to the nationwide average of 100. Housing, utilities, and miscellaneous costs are below the average, while groceries, transportation, and healthcare costs are above average. Overall, Fort Mitchell offers an 8% lower cost of living, which can be beneficial for job seekers.
Specifically, housing costs are at 88, indicating an 12% reduction from the average. Utilities and miscellaneous expenses are also lower, at 90 and 87 respectively. However, groceries, transportation, and healthcare are higher, at 95, 92, and 98. This mix of lower and higher costs makes Fort Mitchell an attractive option for those seeking a balanced living situation.
Fort Mitchell, Kentucky, presents a cost of living that is slightly below the nationwide average, making it an attractive option for those seeking affordability. When examining the housing index of 88, it reflects an 12% reduction from the national average of 100. This suggests that living expenses related to housing are more affordable for residents in Fort Mitchell compared to other areas across the country.
Moreover, Fort Mitchell’s grocery cost index stands at 95, indicating a modest 5% increase below the national average. This slight rise makes grocery shopping relatively comparable to the rest of the nation. Other expenses, such as utilities and transportation, also remain close to the national average with indices of 90 and 92, respectively. The healthcare cost index is slightly higher at 98, showing a modest 2% increase, which still maintains Fort Mitchell’s appeal for those prioritizing healthcare affordability. Additionally, miscellaneous expenses have an index of 87, reflecting a 13% decrease from the national average. This comprehensive look at Fort Mitchell’s cost of living index reveals a generally favorable environment for cost-conscious job seekers.
