The cost of living index in Jackson, KY, reflects lower costs in many areas compared to the nationwide average. Housing, for example, has an index of 77, which means it is 23% less expensive than the average. Grocery costs are only 5% lower, with an index of 95, making this a minor saving. Utilities, transportation, healthcare, and miscellaneous costs also show modest savings or are slightly above the national average.
Overall, Jackson, KY, offers a cost of living that is 8% below the national average. This makes it an attractive option for those looking to reduce their living expenses while maintaining a quality of life. Job seekers can find better affordability in many key areas without sacrificing much in terms of daily living standards.
Jackson, KY, presents a cost of living that is notably lower than the nationwide average. With a cost of living index of 77, Jackson's overall expenses are about 23% below the average of 100. This makes it an attractive location for individuals and families seeking more affordable living options. For instance, housing in Jackson is particularly economical, with a cost of living index of 77, reflecting that housing costs are nearly 23% less than the national average.
Furthermore, other categories like groceries, utilities, and healthcare also remain competitively priced in Jackson. Groceries have a cost of living index of 95, which is 5% below the average. Utilities stand at 88, meaning they are 12% less expensive. Healthcare services are priced at 93, which is 7% lower than the national average. This comprehensive affordability across key living areas positions Jackson as a viable choice for those looking to minimize their living costs without sacrificing quality of life.