Versailles, KY, offers a cost of living that is slightly below the nationwide average, which is set at 100. Based on the provided data, the cost of living index for Versailles stands at 91, indicating that residents can expect to spend 9% less on living expenses compared to the national average.
Housing, groceries, utilities, transportation, healthcare, and miscellaneous expenses all fall marginally below the national average. This makes Versailles an attractive option for those looking to manage living costs effectively.
Versailles, KY, shows a cost of living index that varies slightly from the nationwide average of 100. Housing costs in Versailles are 15% lower than the national average, with an index of 85. This provides an attractive option for job seekers looking for more affordable housing. Additionally, groceries are 2% above the national average, with an index of 92. While this is a small increase, it is still reasonably priced.
Other living expenses in Versailles also compare favorably to the national average. Utilities are priced at 97, which is 3% higher but remains relatively close to the average. Transportation costs, indexed at 88, are 12% lower, making commuting and daily travel more affordable. Healthcare expenses, at an index of 95, are only 5% above the national average, offering a slight advantage to those prioritizing healthcare costs. Miscellaneous expenses, at 90, are 10% below the national average, further enhancing the overall affordability of living in Versailles. These factors make Versailles an appealing choice for many considering relocation.