The cost of living index for Russellville, KY, is notably lower than the nationwide average. Housing costs in Russellville, at 72, represent 72% of the national average. Although expenses in categories like groceries and utilities are slightly below the average, they remain quite reasonable, with groceries at 89% and utilities at 90% of the national figures. This overall cost of living index suggests that Russellville offers a more affordable lifestyle for those relocating or considering a move.
The cost of living index in Russellville, KY, offers a clear picture for those considering a move or a career shift. Housing costs in Russellville are 72 on the index, significantly lower than the nationwide average of 100. This means residents can expect to pay about 28% less for housing compared to the national average. This lower cost of living in housing can be a significant benefit for individuals or families looking to save on monthly expenses.
Other areas in Russellville also present savings when compared to the national average. Groceries cost 89 on the index, which is 11% less than the national average. Utilities cost 90 on the index, just 10% below the national average. While transportation costs are slightly higher, at 95 on the index, they are only 5% above the national average. Healthcare costs are also reasonable at 92 on the index, which is a 8% increase over the national average. Miscellaneous expenses are 85 on the index, which means they are 15% lower than the national average. These figures provide a comprehensive view for job seekers, showing that Russellville offers a more affordable cost of living in several key areas.