The cost of living index in Russellville, KY, is notably lower than the nationwide average of 100. Specifically, Russellville's overall cost of living stands at 85, indicating a 15% reduction compared to the national average. This lower cost of living makes it an attractive option for job seekers looking to balance affordability with quality of life.
The cost of living in Russellville, KY, presents a notable contrast to the nationwide average, which is set at 100. Housing costs in Russellville are notably lower, with an index of 75. This means that housing expenses are 25% less than the national average. For job seekers, this could translate into more affordable living arrangements, allowing for a greater portion of their income to be allocated to other necessities or savings.
In other areas, Russellville also shows competitive costs relative to the national average. For instance, groceries have a cost of living index of 90, indicating that they are 10% less expensive than the national average. Utilities, with an index of 85, are 15% cheaper. Transportation costs are at 80, meaning they are 20% less expensive. Healthcare, with an index of 95, is slightly above average at 5% more costly. Miscellaneous expenses, at 88, are 12% less expensive. Overall, Russellville offers a cost of living that is generally lower than the national average, making it an attractive option for those looking to manage their expenses effectively.