Manchester, KY, offers a more affordable living experience compared to the nationwide average. The cost of living index in Manchester stands at 85, which is 15% lower than the national benchmark of 100. Lower housing costs, along with reasonably priced groceries and utilities, make Manchester an attractive option for those seeking to stretch their dollars further.
The lower healthcare costs further enhance Manchester's appeal, making essential services more accessible without straining budgets. Job seekers can benefit from the overall reduced cost of living, allowing for better financial planning and quality of life.
The cost of living in Manchester, KY, shows notable differences compared to the nationwide average. The housing index in Manchester is at 72, which is significantly lower than the national average of 100. This indicates that housing costs in Manchester are about 28% cheaper than the average across the country. Manchester offers an attractive option for those looking to purchase or rent homes without the higher costs often found in other areas.
In terms of other expenses, Manchester also presents a favorable scenario. For example, groceries cost about 10% less than the nationwide average, with an index of 90. Utilities in Manchester are just 5% below the national average, making them very reasonable at 95. Transportation costs are slightly lower, with an index of 88, meaning they are 12% less than average. While healthcare costs in Manchester are at 85, which is 15% below the national average, and miscellaneous expenses are 20% lower, with an index of 80, the overall cost of living in Manchester presents a budget-friendly choice for many.
