The cost of living index in Paris, KY, shows a generally lower cost compared to the nationwide average, which is set at 100. Housing costs in Paris are 20% lower, while utilities are only 5% below the national average. Groceries, transportation, and miscellaneous expenses also remain slightly below the average, though healthcare costs match the national index. This data suggests that living in Paris, KY, can be more affordable in several key areas.
The cost of living in Paris, KY, presents a favorable comparison to the nationwide average. The housing index in Paris stands at 80, which is 20% lower than the national average of 100. This suggests that housing expenses in Paris are more affordable, making it an attractive option for those looking to save on their living costs. Additionally, the groceries index is at 90, indicating a 10% lower cost compared to the average. This affordability extends to utilities, which are priced at 95, only 5% above the national average.
Transportation costs in Paris, KY, are also slightly below the national average, with an index of 85, representing a 15% reduction. This means that commuting and other transportation-related expenses are more economical in Paris. The healthcare index matches the national average at 100, ensuring that medical costs remain consistent with the rest of the country. Lastly, miscellaneous expenses, with an index of 92, are 8% lower than the average, offering further savings. Overall, the cost of living in Paris, KY, provides a balanced and often more affordable lifestyle compared to the nationwide average.