Fort Wright, KY, offers a favorable cost of living compared to the nationwide average. The overall cost of living index is at 95, which is 5% lower than the national average of 100. This lower index indicates that residents of Fort Wright can expect to pay less for a range of expenses, including housing, groceries, and utilities.
Specifically, the housing cost in Fort Wright stands at 95, reflecting a 5% reduction. Groceries, at 98, and transportation, also at 95, remain slightly below the national average. Utilities are particularly affordable at 90, representing a 10% decrease. Even healthcare, at 92, and miscellaneous costs, at 97, are close to the national average, making Fort Wright a cost-effective place to live.
Fort Wright, KY, exhibits a cost of living that is slightly below the nationwide average. Housing costs in Fort Wright stand at 95, meaning residents can expect to pay about 5% less than the national average. This slight decrease makes it easier for individuals to find affordable housing options within the area.
Similarly, the grocery costs in Fort Wright are at 98, which is only 2% above the average. This minor increase indicates that groceries remain reasonably priced, though slightly higher than the average. Other categories, such as utilities and transportation, also reflect costs close to the national average. Utilities are priced at 90, which is 10% less, while transportation costs at 95, which is the same as the average. This balance of lower housing and utility costs, combined with moderate grocery prices, suggests that Fort Wright offers a cost-effective living environment for those considering relocation.