Mount Washington, KY, has a cost of living index that is slightly below the nationwide average. The overall cost of living index for Mount Washington stands at 89, which is 11% lower than the national average of 100. This means that the expenses for housing, groceries, utilities, transportation, healthcare, and miscellaneous items are generally more affordable in Mount Washington compared to the rest of the country.
For job seekers, this presents an opportunity to enjoy a lower cost of living without sacrificing quality of life. The lower housing and transportation costs, in particular, can make a significant difference in monthly expenses.
The cost of living in Mount Washington, KY, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Mount Washington stand at 85, indicating that residents spend 15% less on housing compared to the national average. This lower housing index can be a significant advantage for those looking to budget their living expenses.
In addition to housing, other cost categories also show a positive trend. Groceries in Mount Washington are priced at 88, which means residents pay 12% less than the national average. The transportation index is 90, reflecting a 10% savings on transportation costs. Utilities, healthcare, and miscellaneous expenses are also slightly below the national average, with indices of 93, 95, and 87, respectively. These figures suggest that overall living expenses in Mount Washington are competitive and can be more manageable for job seekers and families.