The cost of living index in Hazard, KY, shows that residents enjoy lower expenses compared to the nationwide average of 100. Housing in Hazard costs 25% less, groceries are 20% cheaper, and utilities only 10% more expensive. While transportation stands at 85%, healthcare and miscellaneous items slightly exceed the national average.
Each category indicates that Hazard offers a more affordable lifestyle. Despite healthcare and miscellaneous costs being higher by 5% and 2%, the overall lower expenses in housing, groceries, and utilities create a more balanced cost of living. Job seekers considering Hazard may find it financially attractive for their daily needs.
The cost of living in Hazard, KY, is notably lower than the nationwide average, which is indexed at 100. In specific areas, Hazard provides more value. Housing costs, for instance, are at 75, which means they are 25% lower than the national average. This makes it easier for residents to find affordable living situations. Additionally, groceries are priced at 80, which is 20% less expensive than the nationwide average.
Other aspects of living in Hazard also offer savings compared to the national average. Utilities cost 90, which is 10% lower. Transportation sits at 85, only 15% less than the average. Healthcare costs are slightly higher, indexed at 95, but only 5% above average. Miscellaneous expenses are at 78, which is 22% lower than the national average. Overall, Hazard provides a lower cost of living in most categories, making it an attractive option for those looking to reduce their living expenses.
