The cost of living index in Versailles, KY, presents a favorable comparison to the nationwide average of 100. Specifically, Versailles scores 97 in housing, 95 in groceries, 92 in utilities, 98 in transportation, 97 in healthcare, and 96 in miscellaneous expenses. These figures indicate that the overall cost of living in Versailles is slightly lower, offering potential savings across various sectors.
Versailles residents benefit from living costs that are, on average, 3% below the national average. This slight decrease across multiple categories suggests that expenses for housing, groceries, utilities, transportation, healthcare, and miscellaneous items are more affordable in Versailles.
Versailles, KY, showcases a cost of living index that mirrors closely with the national average, making it an attractive option for many. The housing index stands at 97, just 3% below the national average of 100. This suggests that housing costs in Versailles are slightly lower than what someone might expect on a national scale. The groceries index is also relatively close, with a rating of 95, which is just 5% below the average. These two elements indicate that residents of Versailles can expect to spend a bit less on their homes and food compared to other parts of the country.
Utilities, transportation, healthcare, and miscellaneous expenses also reflect a pattern of affordability. The utilities index is 92, meaning expenses here are 8% below the national average. Transportation costs are just above average at 98, showing a minimal difference. Healthcare, critical for all, stands at 97, which is a mere 3% under the nationwide index. Finally, the miscellaneous index of 96 suggests a 4% reduction from the national average. Overall, Versailles provides a cost of living index that is both competitive and favorable for those looking to manage their expenses wisely.
