Jackson, KY, offers a cost of living that is notably lower than the nationwide average. The overall cost of living index for Jackson stands at 85, which is 15% below the national benchmark of 100. This lower cost of living makes Jackson an attractive option for job seekers looking to maximize their purchasing power.
Specifically, housing costs in Jackson are 25% below the national average, while groceries and utilities are slightly below the average. Transportation and healthcare also remain competitive, with costs at 20% and 5% below the national average, respectively. This balanced reduction across various categories ensures that residents can enjoy a comfortable lifestyle without the financial strain of higher living expenses.
Jackson, KY, offers a cost of living that is notably lower than the nationwide average. The cost of living index for Jackson stands at 84, which is 16% below the national average of 100. This lower index suggests that residents can expect to spend less on their daily expenses compared to the average American. Housing costs in Jackson are particularly favorable, with an index of 75, meaning residents pay 25% less than the national average for housing.
In addition to housing, other categories also show a lower cost of living in Jackson. Groceries have an index of 90, which is 10% below the national average. Transportation costs are at 80, indicating a 20% savings. Utilities and healthcare are slightly above the national average, with indices of 85 and 95, respectively. Despite these slight increases, the overall cost of living remains competitive, making Jackson an attractive option for those seeking affordability.
