Hodgenville, KY, offers a cost of living that is notably lower than the nationwide average. The overall cost of living index for Hodgenville is 89, which is 11% below the national average of 100. This makes Hodgenville an attractive option for those seeking a more affordable living environment without sacrificing essential services.
Specifically, housing costs are 18% below the national average, while groceries and utilities are slightly above average. Transportation and healthcare costs also align closely with the national average, providing a balanced living experience. This combination of lower housing costs and competitive prices in other areas makes Hodgenville an appealing choice for budget-conscious individuals.
Hodgenville, KY, offers a cost of living that is notably lower than the nationwide average. The housing index stands at 82, which means residents can expect to pay 18% less for housing compared to the national average. This reduction in housing costs can be a significant advantage for those looking to settle in Hodgenville, as it provides more affordability without compromising on the quality of living spaces.
In addition to housing, the grocery index in Hodgenville is 91, indicating a 9% lower cost compared to the average. This makes everyday essentials more budget-friendly for residents. Utilities, at 96, are slightly above the average, but only by 4%. Transportation costs are also lower, with an index of 85, meaning residents save 15% on transportation expenses. Healthcare costs are close to the national average at 98, showing a minimal increase of 2%. Miscellaneous expenses, with an index of 90, are 10% below the national average. Overall, Hodgenville provides a cost-effective living environment with several areas below the nationwide average.
