Fort Thomas, KY, offers a cost of living that is slightly below the nationwide average. The overall cost of living index for Fort Thomas stands at 91, which is 9% lower than the national average of 100. This makes Fort Thomas an attractive option for those looking to manage living expenses more effectively.
Specifically, housing costs in Fort Thomas are 15% below the national average, while groceries and utilities are just 5% and 10% below, respectively. Transportation and healthcare costs are also slightly lower, at 12% and 3% below the national average. This balanced distribution makes Fort Thomas a practical choice for budget-conscious individuals.
Fort Thomas, KY, offers a cost of living that is notably lower than the nationwide average, which is set at 100. Housing costs in Fort Thomas stand at 85, which means residents are spending 15% less than the national average. This lower housing index can be a significant advantage for those looking to save on living expenses.
In addition to housing, Fort Thomas also provides savings in other areas. Groceries cost 95, which is 5% less than the national average. Utilities are priced at 90, meaning residents pay 10% less for these services. Transportation costs are at 88, which is 12% lower than the average. Healthcare, however, is slightly higher at 97, which is 3% above the national average. Miscellaneous expenses are at 92, which is 8% below the average. Overall, Fort Thomas presents a cost of living that is 8% lower than the national average, making it an attractive option for those seeking affordability.