The cost of living index in Russellville, KY, is notably lower than the nationwide average, which is set at 100. Specifically, the overall cost of living in Russellville stands at 91, reflecting a 9% decrease from the national average. This lower cost of living makes Russellville an attractive option for job seekers looking to maximize their purchasing power.
The cost of living in Russellville, KY, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Russellville stand at 84, indicating that residents can expect to pay 16% less than the national average for housing. This lower housing index can be a significant advantage for job seekers, as it allows for a larger portion of their income to be allocated to other essential expenses or savings.
Additionally, the cost of groceries in Russellville is slightly below the national average, with an index of 94. This represents a 6% savings on groceries compared to the nationwide average. Utilities, transportation, healthcare, and miscellaneous costs also remain close to the national average, with indices of 96, 90, 90, and 92, respectively. These figures suggest that overall living expenses in Russellville are competitive, offering potential savings in key areas while maintaining a quality of life comparable to the national standard.