Grayson, KY, offers a cost of living that is slightly below the nationwide average. The overall cost of living index for Grayson stands at 89, which is 11% lower than the national average of 100. This lower cost of living makes Grayson an attractive option for those looking to manage their expenses more effectively.
Specifically, Grayson's housing costs are 15% below the national average, while groceries and utilities are just 8% and 10% below, respectively. Transportation and miscellaneous costs also mirror the national average closely, with only slight variations. Healthcare costs, however, are slightly higher, at 5% above the national average. This balance of lower costs in key areas makes Grayson a practical choice for budget-conscious individuals.
Grayson, KY, offers a cost of living that is notably lower than the nationwide average. The housing index in Grayson stands at 85, which is 15% below the average of 100. This means that housing expenses in Grayson are more affordable, making it an attractive option for those looking to save on their living expenses. Similarly, the transportation index is 88, which is 12% lower than the national average. This suggests that commuting and vehicle-related costs are also more economical in Grayson.
In addition to housing and transportation, Grayson's grocery index is 92, which is 8% below the average. This indicates that food and household supplies are slightly cheaper compared to the national average. Utilities in Grayson are priced at 90, which is 10% less than the average. This reduction in utility costs further enhances the affordability of living in Grayson. Overall, the cost of living in Grayson, KY, is attractive for those seeking a more budget-friendly lifestyle.