Fort Thomas, KY, presents a cost of living that is slightly below the nationwide average. The overall cost of living index for Fort Thomas stands at 91. This means residents can expect to pay about 9% less than the national average across various living expenses.
The housing index in Fort Thomas is 90, slightly lower than the national average of 100. Groceries cost about 95, utilities match the national average of 100, transportation costs are 85, healthcare costs are 90, and miscellaneous costs are 92. This composite index reflects that Fort Thomas offers a slightly more affordable living environment compared to the rest of the country.
The cost of living in Fort Thomas, KY, stands at a notable 91 when compared to the nationwide average of 100. This means that expenses in this area are slightly below the national average. Specifically, housing costs in Fort Thomas are around 90% of the national average, which suggests more affordable living conditions in this area. People looking to settle in Fort Thomas might find housing expenses to be a bit more manageable compared to other parts of the country.
In Fort Thomas, groceries cost about 95% of the national average, indicating that these expenses are only slightly higher than the average. Utilities, however, align perfectly with the national average, set at 100%. Transportation costs are lower, at 85%, which could mean savings for those who rely on personal vehicles. Healthcare expenses are also slightly lower at 90%, which is beneficial for residents. Miscellaneous costs are also at 92%, showing that everyday expenses are almost at par with the national average. Overall, Fort Thomas offers a relatively affordable living experience with some areas even below the national average.