The cost of living index in Middlesboro, KY, reveals that housing costs are significantly lower than the nationwide average of 100, standing at just 60. This suggests that housing expenses in Middlesboro are 40% cheaper than the national average, offering potential savings for residents. Other categories, such as groceries, utilities, transportation, healthcare, and miscellaneous expenses, are also below the national average, with indexes ranging from 75 to 92. These figures highlight that Middlesboro provides a cost-effective environment for many essential living expenses.
The cost of living in Middlesboro, KY, offers a unique blend of affordability and accessibility. When compared to the nationwide average, which is set at 100, Middlesboro provides significantly lower housing costs, at only 60. This means housing expenses in Middlesboro are 40% cheaper than the national average. For job seekers, this presents an attractive opportunity to secure more affordable living arrangements, potentially freeing up additional funds for other essential expenses or savings.
Additionally, the grocery costs in Middlesboro are slightly above the national average, standing at 92. This indicates that groceries are 8% cheaper than the national average. Utilities and transportation costs in Middlesboro also mirror this trend, with utilities at 87 and transportation at 85. This suggests that residents can expect to spend around 13% and 15% less on utilities and transportation, respectively, compared to the national average. Healthcare costs are also lower, at 80, meaning they are 20% below the national average. These lower costs provide a favorable financial landscape for individuals considering a move to Middlesboro, allowing them to enjoy a high quality of life with potentially lower overall expenses.
